Yet here in the U.S. are foreign-owned companies that employee thousands of Americans (a very good thing!) making and selling goods and services (more good things!) right here in good ol' America.
The foreign companies are making it here. Why can't American corporations make it without going offshore? Please keep in mind I am talking about "imported productivity" not true free trade of making and selling over there. I am talking about making goods and services over there and importing them to sell here.
Well, you pose a good question. I think alot of it is the tax break foriegn corporations get in the US that they don't get at home and some of that same situation works for American corporations. It is not coincidence that alot of American companies are incorporating offshore where money grows tax free. Additionally, lawyers are killing all productivity in the US. Corporations are moving offshore to protect assests from frivolous lawsuits looking for deep pockets. You can't even start a small business in the US without being regulated to death and paying attorneys to walk you through all that regulation. Small businesses open for business with unnecessary debt.