If there are only 7% union in the USA then you don’t have to completely elimnate them. You have some kinf of mid 20th century form of union derangement syndrome.
“You have some kinf of mid 20th century form of union derangement syndrome.”
Correct, spent many years having to deal with them. They need to go, they serve NO PURPOSE that isn’t covered by labor laws.
You’re living in the past, 100 years plus in the past.
Several important factors have not yet been considered at this post.
1) We are already in a proxy war with Putin/Russia which is creating a lot of business for our MIC. Are these the workers earning $60 an hour? We also may soon be in conflict with China if they try to invade Taiwan which produces important amounts of high quality chips.
2) If Mexico becomes a much larger producer economy, where does their terribly vicious drug ecoomy fit in all that?
3) In the 1960s the CEO pay ratio to workers pay was about 40 to 1. Now this pay ratio ranges from 200 to 1, to 1000 to 1. Many companies that left USA did so to get away with obscene wages, while exploiting low wages elsewhere, and paying enough dividends so stockholders did not fire them. 2008 was the year some of this came to a head. Stockholders that year revolted against Goldman Sachs whose top 3 executives were earning more than $65 million each. Are the bosses willing to cut back to the 40 to 1 difference that was working well in the 1960s?
4) While STEM workers in the US might make $60 an hour, what are other industries like furniture, clothing, food, paying workers per hour? Drug company CEOs are making $10, $15, $20 million a year; is that why China produces many of our important drugs? One way to wake up stockholders to this kind of inequity in pay scales would be to limit the amount of pay deductable for business taxes to around 40 time the suggested minimum wage of $15 per hour. That would be about $1,248,000 per year. Anything higher would have to come out of potential profits. Forty hours a week times $15, times 52 weeks equals $31,200 a year. This is nowehere near $60 an hour. Working 35 hours a week = $27,300 a year, times 40 for the CEO is only $1,092,000. Oh, the humanity!
5) Puerto Rico once had a thriving drug manufacturing industry. There is now a 5 mile square industrial complex that has been mothballed or abandoned because of some law change that made it no longer profitable. I think a lot of that industry went to our potential enemy, China. Change the law and encourage people to move back. They do have hurricanes, but so do Texas and Florida.
6) We have millions of roofs in southern areas where solar energy can be produced. Sun is free. China is producing many of our cheap solar panels because of a problem involving high quality quartz. Industry in the US using cadmium telluride is growing, using this mineral recovered from US mine tailings. Our oil companies already have plenty of places they already have the right to use for production. They don’t want to start producing if the oil price is going to drop again as it did a few years ago. I was surprised to learn there were a few days when producers were actually paying $30 a barrel to get rid of the excess because wells were still flowing, until they could be shut down. I think we need to preserve our oil for our grandchildren. In the long run a lot of transport can be converted to other energy sources. Oil has many other important uses, like plastic, chemicals, etc. Solar and wind can produce as many or more jobs in the long run as are now in oil and gas. Note, I say “in the long run”, which is needed for orderly transition.