The challenges Caterpillar faced 20 years ago weren't much different from those facing GM and Ford Motor today: high benefits costs, old factories and stiff global competition.
The high rate of unemployment in the United States is due primarily to structural problems, high marginal tax rates, minimum wage laws, the extension of unemployment benefits, the high cost of employer-provided health benefits, and uncertainty regarding future fiscal rules and regulations.
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While the price tag may sound high, the benefits will almost certainly outweigh it.
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The oft-repeated objection is that tax reform benefits high-income taxpayers at the expense of low-income taxpayers.
The other thing we have to do to save Medicare, we have to have the benefits high for those that are low-income.
Is the tax deduction, which disproportionately benefits high-income givers, the right approach?
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Revenue, for example, can be extremely high, but a paltry gross margin would wipe away the positive benefits of high sales volume.
High Speed Rail benefits middle-income tourists and affluent business travelers.
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Higher prices for fresh fruits and vegetables, the demand for which is elastic, reduces consumption, so consumers get less of the antioxidant, vitamin and high-fiber benefits that these products afford.
As I outlined in my November 2011 speech in Osawatomie, Kansas, we can put more people to work in jobs funded by government contracts, where government can ensure high wages and benefits.
Mahwah, NJ, May 11, 2009- Denon Electronics, one of the world's premier manufacturers of high-quality home entertainment components, today introduced two high-performance Blu-ray products, each designed to make the benefits of high-definition video and audio more available and affordable.
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Mr Oswald finds that in many countries high levels of owner-occupation (and hence a small rental sector) are partly to blame for high rates of unemployment, on top of factors such as over-generous social-security benefits and high minimum wages.
But the initial costs would be high, and the benefits would come only when people retired.
One mistake to avoid is the European mixture of over-generous jobless benefits and high tax rates.
But even proponents of that admit that the costs will be high, and the benefits distant.
The band pairs this with reverberating guitars to give the track a dream-pop expansiveness that benefits from high-decibel listening.
NBT, which is part of the national Campaign for Better Transport, questioned the benefits that high-speed rail will bring to the county.
Consequently, low-skill immigrants enable us to gain more benefits from high-skill people.
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In one national survey, nearly three-quarters of small businesses that don't offer benefits cited high premiums as the reason -- and that's not surprising.
Through the recession, many companies cut costs and took advantage of a workforce that felt trapped in an environment of high unemployment by reducing benefits.
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In short, the tax side of this budget deal fails all tests of sensible fiscal policy: the costs will be high and the economic benefits risible.
In addition to low benefits and high costs, there may be another complication with the treaty: the possibility that treaty inspections will be found unconstitutional in the United States.
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Raising that exemption level is aimed at softening Democratic criticism of the proposal because it means only people with high-value health benefits -- so-called Cadillac plans -- would have to pay the new tax.
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The benefits for high-income taxpayers are for the most part loaded onto the back end of the law's ten-year span, and at the end of that period the whole thing vanishes in a puff of smoke.
So, too, have workers at United Airlines: a bankruptcy judge recently ruled that the firm could hand its pension plan over to the Pension Benefit Guaranty Corporation, a government-linked pension insurer that pays only partial benefits to high-earners.
And in that process what we hope is, is that if those costs get high enough and the benefits are low enough, that in time they make the right decision not just for the security and prosperity of the world but also for their own people.
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"Toggle DDR provides a faster interface than conventional NAND using an asynchronous design, delivering the benefits of high-speed data transfer to a wider market, such as for solid state drive (SSD) applications including enterprise storage, mobile phones, multimedia terminals and consumer products, " said Masaki Momodomi, Technical Executive, Memory product, Toshiba Corporation.
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Then when we needed someone to push the cause of inner city children struggling to avoid a life of crime, or to bring the benefits of high technology to ordinary Americans, or to clean the environment in a way that created new jobs, or to give small businesses a better chance to make it, John Kerry said: Send me.
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