Good move. Level the playing field. Put the same costs on foreign manufacturers that are mandated for America manufacturers. If American companies have to pay extra environmental, health care, taxes and regulatory costs then put the same dollar load on foreign companies. Its like States do on equalize sales taxes with compensating use taxes.
Errrr.. No.. Wrong move.
Correct move would of been to strip the regulations, taxes, and enviromental mandates off of American companies.
I have a better idea:
Why not CUT TAXES AND REGULATION on U.S. Manufacturers?
Wrong, it wasn't a good move. A good move would have been to lower taxes on corporations, including evironmental etc. Level the playing field that way. This is going to cause no end of trouble.
It will level nothing. All this will do is cause 1930 all over again. If people in this country that 'buy American" policies will put American's to work, they have no idea on how many of the jobs we still have in this country depend completely on free trade.
So enjoy your "buy American" closed border communist country. You are getting what you ask for after all. Including the 50% or more unemployment that goes with it as other countries start slapping tariffs on American products.
Why people have this "everyone works in a factory" mentality is simply amazing.
Most successful American manufacturing in this country is automated and produces a product far superior and cheaper than anything hordes of cheap labor could ever come close to producing. But what does the average protectionist think? Cheap labor= cheap products. Nothing can be further from the truth.
Let’s repeat the mistakes of Herbert Hoover. And FDR. Great.