Originally Posted by
cbrstar
I've always wondered if "Insurance" had to do with Japan moving to Taiwan. I once read somewhere that in the US 1/3 of a US made bicycle retail cost was to cover the cost of corporate insurance. In the late 60's-70's bicycle companies were getting sued for astronomical amounts.
I can't help wonder if that's why so many US corporations moved to places like Taiwan & China, where it's extremely difficult for a foreigner to sue, and Japan followed suit?
Nice pun. Half the price of a ladder, 1/2 the price of a can of soda, 1/4 the price of home construction. Victim mentality and those who generate it are huge drains on the productivity of a nation. It's a destructive parasitic situation that sucks the vitality and creativity out of governments, institutions, new businesses, products, and services, and creates huge burdens on true victims to "prove it," because they're lumped in with the rest who don't.
Just another aspect of lack of personal accountability, on both sides of the issue, and guess who's getting rich off of it? There's enough money in fraud (both false and exaggeration) alone to create free health care for every citizen in the US.