So your argument is that if the widgets can be manufactured overseas at half the cost, a domestic widget manufacturer should not locate his plant overseas but instead have his global competitors put him out of business by providing the same product at half the cost to his customer base. Sir, your sentiments are altruistic but unfortunately they are have no basis in economic reality.
“So your argument is that if the widgets can be manufactured overseas at half the cost, a domestic widget manufacturer should not locate his plant overseas but instead have his global competitors put him out of business by providing the same product at half the cost to his customer base. Sir, your sentiments are altruistic but unfortunately they are have no basis in economic reality.”
Baloney. Enter the tariff. Not only a reality in many countries, but what our Federal Government was meant to be funded by. Slap a tariff on foreign goods, and you build up a strong sovereign nation, not subject to the whims of other nations. Once upon a time, the U.S. took care of itself. That requires freedom and industry. When people are once again allowed to have the fruits of THEIR labor, and no one else’s, the citizenry will become motivated again. Multi-national corporations serve no good to anyone. The world isn’t only about money. Free traitors will reap what they’ve sown, they don’t understand the facts of life. That is, you must be loyal to someone, and some principle, not something, known as money.
So your answer is that any American that owns a large corporation should move it overseas to maximize profit and everyone else can starve...or start voting for the communists. Because that’s exactly what is happening. I know lots of scared unemployed/underemployed people who still vote Republican, but are beginning to see that the future of American business is not going to be able to sustain the working class much longer.
I don’t agree with them (perhaps because I’m still well-employed in a recession-proof industry), but I can understand how fear is making them take a look at what the other side promises, because business has told them “don’t look to us for a way to make a living.” and the leftists are saying, “we want to take care of you”. Even though their promises require major changes to our way of life, they sound a lot better than the promises of business which amount to “tough sh!t”.
What is the solution? Telling people to start buying stock so they can live off their investments is not a viable option and not everyone can own a business with a slave labor factory in China. I’m not flaming you for your comment. You are right. I’m just wondering if you have any ideas to go along with your cold, hard reality.
We need to face reality and facts. It was America that foolishly sacrificed and gave away its own economic future and market share so that China's economy could be boosted. Thus China and others could compete with America for natural resources and military power and provide a new markets. This was done because the multi-national China first corporations own our traitorous US Congress.
What rational patriotic reason could there be for continuing to purposely give away what was once the most robust manufacturing economy on Earth to the benefit of other nations and Wall St.? The solution was simply the provision of tariffs which would have balanced the playing field, maintained our power and fiscal stability, and provided incentives to locate here, and government income from those wishing to sell to the USA. The international corporations despise sovereign power and nationalism, and they've successfully worked to eliminate it in America.