Knowing that his main economic position is “Buy American,” I pointed out that it is really tough when we have to watch every penny.
“It’s not tough,” Navarro disagreed. “I had to fight this with OMB (Office of Management and Budget). When we generate jobs here, there are corporate tax revenues, profit tax on US. soil. Think of the supply chain!”
I reminded Navarro about Amazon canceling the sale of Chinese/foreign plant seeds, for fear of invasive species. What did they know that we didn’t know? “They know what we already knew. They are the source of all malicious things.”
“I never imagined that the vaccine would be used as a weapon.”
See. For all ye who keep saying Trump was stupid and needed more people like Peter Navaro. Even he couldn’t envision this.
We have US corporations outsourcing jobs to Higher cost countries that are subsidising the Jobs. If the work is sole source, These country’s governments know that in 5 years they can charge what ever they want, because US companies only look 18 months out, Max and Junp when they see governments waving cash.
If there was a law to make it illegal to outsource “sole source” high tech work from a US division to a foreign country, those countries can pull that crap on Non-US corporations.
I’m in Aerospace, I’ve seen this subsidized outsourcing happen multiple times and the same thing always happens when the subsidies dry up - the company is screwed because they were run by greedy, short sighted idiots.
When possible (for utensils/cookware and such) I’ll buy second-hand US-made stuff on eBay, Craigslist, or flea markets - worth every penny.