How is it winning? or America First to have foreign companies “create” jobs for Americans?
Something not right/good about this.
I dont mind foreign companies creating jobs here.
How many foreign jobs do American companies create?
I can hear Donald now. “You like the protection from China? Do the following and you’ll keep getting it” :)
You’d rather only have American firms invest in plant in other countries?
I worked for a Foxconn contractor here in Texas about 10 years ago. Best paying salaried job I ever had. So you don’t want “foreign” companies to come here and hire Americans? That ship sailed before the Revolutionary War. We’ve always had companies here from elsewhere, just like every other country has.
Large, multinational companies are publicly traded. So I could care less who owns them since the owners are the shareholders.
Where they employ people to manufacture their goods is what matters.
China and Japan became what they are today by importing foreign firms, and letting the foreign firms train their citizens how to manufacture. Unfortunately, we have actually lost a lot of manufacturing skills, because it has been a whole generation since the jobs have left. Let them come in and train us.
Something not right/good about this.
Here are some of the ways it is winning:
1. Jobs in the US, for Americans. Or would you rather have the jobs in China and we import the stuff?
2. The physical plant is in the US. And the expertise to run it is here. If there is a war, it stays right here.
3. Even though the profits might go overseas, our other option is to have the profits and the wages be overseas.
4. Wealthy, powerful people in China having a large investment in the US is vastly to the benefit of both sides. It gives both sides an incentive to resolve differences peacefully and keep those investments.