Everyone has a different definition of “free trade.”
I, for one, support penalizing a company with a tariff if they are HQ’d in America, selling at a profit mainly to Americans, and enjoy a stable society in which to plan and enjoy business thanks to the US taxpayer...who then fires all their American employees and hires them overseas at a fraction of the cost.
And before you go on about your “broken window” theories and how they are just responding to excessive taxation and fines...I’m aware of all that. I’ve studied this situation for years.
Free trade begins at home. If a government is punishment business for whatever reason (Al Gore and his eco-fascists or whatever), that is NOT free trade.
But I am so sick of offshoring and on-shore offshoring and watching good people get canned because they dared to follow the American dream and work hard and capitalize on their skills and who dared to adopt a non-third-world living standard that I’m ready to tell those companies either go to Hell or charge them so much it is no longer profitable to fire Americans just to tweak their bottom line.
To some extent I agree, but if those good people at home want to enjoy the American dream, the first step is for them to stop electing socialists who force our businesses overseas with excessive taxation and regulation.
The next step is for our country to adopt shareholder rights’ legislation that will enable stockholders to kick out the limousine liberal corporate executives who are destroying America’s largest businesses, and the country by extension
Or we could stick them with the highest corporate taxes in the world. And then pile on more and more regulations. That'll make them keep their HQ in the US as well as hire more US workers.
Because we've seen how difficult it is to open an HQ in Bermuda and avoid half of our government BS.
Agreed. Incentives and less regulation/taxes to employ American workers and stiff, on-going penalties for out-sourcing to foreign countries.
High profits with high American employment with high wages should be the policy goal. But how you keep employers from being to greedy, employees from being too lazy, and politicians from being too corrupt is the problem.