If company A can make a $10 item for $3 by moving employment overseas, company B can make that part for $5 by reducing wages, and company C makes the part for $10 but pays their employees well, who are consumers going to buy from? By buying from company A, we are telling other businesses that they need to move production overseas, buying from B we are telling companies to cut wages. Nothing the government does will change that.
The solution to foreign labor is simple is theory, but nearly impossible politically, simply make rules for imports regarding the quality of life of foreign laborers, either the virtual slave conditions would have to improved (at substantial cost that would translate into higher import prices) or tariffs that would do the same.
There is nothing wrong with saying that we will not financially support exploitation.
The only other option would be for us American workers to accept conditions such that Chinese workers are forced to accept. Is that what we wish to become?
Still, wouldn't it be great if online retailers added a filter for American made or brick and mortar retailers put little flags on everything made in America? Of course that would embarass the hell out of Walmart and make Sam Walton spin like a dredel when we could plainly see how few American products Walmart sells.
“Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes
All these people in third world countries would much rather work for Volvo, Nike, GE, etc. then in one of the sweat shops in their neighborhoods where conditions are really primitive.
After WW!! Europe was devastated and then communism took over and also made life miserable for much of the world. During that period, until the turn of the last century, the US was No. 1.
Now with the collapse of communism, and more free enterprise, Europe's recovery etc, there is far more competition then there used to be. Just being American and expecting success because of a circumstance of birth no longer applies. Americans, like everyone else, have to compete , educate themselves and work hard, something they once did better than anyone else anywhere.
Rather than erecting barriers they can, like everyone else, educate themselves, work harder, and meet the competition head on. This doesn't seem to be a satisfactory idea to many who would prefer shortcuts, but that has always been the only way.
Last edited by Grant; 04-01-13 at 12:35 PM.