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It would not hurt us one iota if we had the courage to enforce the provisions of the US Constitution regarding tariffs.
Smoot-Hawley.
It would not hurt us one iota if we had the courage to enforce the provisions of the US Constitution regarding tariffs.
Smoot-Hawley.
You're basically arguing that the US would lose all of its jobs. A question: why would all of these companies leave the great productive capabilities of the individuals of this nation unused?
It would not hurt us one iota if we had the courage to enforce the provisions of the US Constitution regarding tariffs.
You're basically arguing that the US would lose all of its jobs. A question: why would all of these companies leave the great productive capabilities of the individuals of this nation unused?
What corporation wouldn't find it beneficial to go over seas once they lost subsidies and grants from the federal government? Especially if those other countries offered em?
...service-oriented, in-person jobs of the sort that are really hard or impossible to outsource to China or India, where the cost of labor is low. Or to Germany, where the cost of labor is even lower. (That’s another one of those counterintuitive economics things: Germany and Japan have high wages, but the cost of labor is not wages, it is wages relative to output. A German factory worker may earn $80,000 a year while a Chinese factory worker earns $4,000, but if the German produces $1 million worth of BMW bumpers a year while the Chinese guy produces $10,000 worth of flip-flops, the German is cheaper: You’re paying him only 8 cents on the dollar, while you’re paying the Chinese 40 cents on the dollar. The German inexplicably does not feel exploited to make only one-fifth of what his coddled Developing World competitor earns. Strangely, the Chinese guy probably wishes he were exploited as ruthlessly as that poor German. Executive Summary: Economics is hard.)
Sure, lower costing goods..but that is not all. Other countries also offer the same types of subsidies and grant monies that the US currently offers. With your plan they would have extra incentive to move outside the US than they currently have.
Smoot-Hawley.
So what?
Not all of its jobs no. But we are not talking about all jobs. We are talking about manufacturing jobs. And that we would lose. We cannot afford to lose manufacturing jobs. The only ones that would stay in the US are the small ones that can't afford to go overseas.
ones that benefited from having more productive workers, for example.
a good example in an excellent article (though long) that I would recomend to all who are truly interested in the topic under debate in this thread:
okay. so the plan is that we allow other countries to give us goods that actually cost more than what they are selling them for? And this is bad because..... we don't like having our standard of living raised?
Why can't we?
well, that about sums this debate up
So what? People get the squirts every day from eating a bad taco but they still enjoy the good ones for the rest of their lives. This idea that the right wing has that all they need is the name of ONE bad experience from eighty years ago to negate the tariff is a testimonial to the simple mindedness of their approach and beliefs.
We would not have to worry about companies taking their act on the road if we merely used the very powers that the Constitution provides the Congress with. Or don't you conservatives support your sainted founders in that provision of your beloved Constitution?
Because it is manufacturing jobs which creates wealth for a country. It is manufacturing jobs which also allow a country to be more independant...as opposed to reliant.
Management does not produce wealth? Then why are they paid so much more than the blue collar workers on a free market?
Everybody with sound mind will want that the US jobs will continue to stay in the States, except some liberals.
Need your opinion on this idea. Hopefully it would bring more manufacturing jobs back into the US.
It is well known that the federal government gives subsidies and grants to corporations for researching various forms of technology. Then once those corporations discover something useful it is often sent across the border or over seas to manufacturing plants to produce en masse. (not saying all of em do...just a good majority). So here is my proposal.
Make a law/rule/regulation...whatever you want to call it...that states that any corporation or organization that uses any form of government assistence would be required to manufacture any and all types of products that was discovered with said assistance inside US borders for X amount of years. (at least 20 imo)
So what do you think? Feel free to give suggestions that would expand on this idea.
They produce wealth on an individual/company basis. They do not create wealth on a national level.
Edit note: please note the difference between "produce wealth" and "create wealth".