So corporations are moving operations out of the U.S. at breathtaking speed. Since the U.S. government does not penalize them for doing so, there really is no incentive for them to stay.
Here's that problem again that so many seem to disagree with
Everyone wants to sell product in the world's largest shopping mall known as USA, but nobody wants to pay a fair rent.
Companies that are not based in US and not manufacturing in the US but want to sell here need to pay up. What corporations are saving by off-shoring ends up being paid for by US taxpayers in other ways
Current policy isn't and hasn't been working.
(from CR)
4.bp.blogspot.com
globalpolicy.org
We have one of the most diverse economies in the world.
They need us more than we need them. Let AAPL make Iphones here if they want to sell them here. If they don't make them here, charge them a tariff for access to our prime storefront. Consumers can either pay up or buy American. Foreign mfgrs will just have to suck it up if consumer passes and figure out another way. Clothing manufacturers ditto.
Stop putting the burden and blame on Americans. They don't need most of the crap that's made overseas.
There are plenty of US clothing manufactures. Plenty of able bodied tech assemblers. Prices might go up at the register, but they come down everywhere else. We'll adapt and so will other countries. If we have something they want and can't produce themselves or get elsewhere, they'll pay for it, and vice versa. And it would force the US to be more competitive and innovative. Deal with the retaliation. What do we manufacture and sell to China that they'll buy elsewhere?
knowledge.wharton.upenn.edu
The excuse that without exploiting overseas labor, we won't continue to enjoy the selection of low priced crap doesn't fly anymore. We're seeing the consequences of that thinking now.
A Walmart on every corner.
If the concept doesn't sink in, put things on a smaller scale.
If two companies in the same state are making the same product or selling the same service, but just one has to adhere to regulation and standards and the other doesn't, one subsequently sells his product or service cheaper. If it doesn't affect the end product or service, one could say so what, buy the cheaper one. But if shortcuts were taken and people were exploited, then there is a hidden cost. Underpay the help, and they'll apply for govt subsidies. Bypass the inspection, and product fails
And we end up paying in the end.
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