What information do you have on the effect of law suits on any finished goods?
Levy 10~15% tariff on all imported goods.
Nutso, trade wars will bring about a worldwide depression. Ever hear of Smoot Hawley?
Reduce corporate income tax.
How then do you propose to make it mandatory they pass these savings on to customers?
Reduce government social spending, increase investment in productive infrastructure.
Which party will be able to reduce social spending as necessary to bring about the results you want and remain in power?
Restrict multinational corporate political contributions and lobbying.
So what you are saying here is that the politicians are not corrupt it is the MONEY that is FORCING them to pass these trade deals?
Delphi has just filed for bankruptcy. The average cost per employee including benefits is in the area of $65.00 per hour. Nothing you have mentioned will come close to making this nation competitive with one who pays its workers $1.00 per hour with NO benefits. Some of what you said will bring the world economy to its knees and at that point we won't be concerned about American mfg or any other mfg for that matter because there will be none.
There were no "retaliatory" tariffs or "trade wars" as a result of Smoot Hawley.
The truth is, two-thirds of U.S. imports under Smoot-Hawley came in duty-free, and when the tariff was enacted, more items were added to the free list than were taken from the free list and made dutiable.
Furthermore, there's little evidence that American exports were affected by Smoot-Hawley. Exports fell to countries that were not impacted by the tariff as well as to countries that were impacted by it.
The decline in international trade was a RESULT of the global depression, NOT a CAUSE of the depression. And there is absolutely no evidence of countries imposing "retaliatory" tariffs in response to Smoot-Hawley. Most governments were more concerned with stimulating their own domestic economic recoveries rather than whatever minute proportions that could be spared for trade.
How then do you propose to make it mandatory they pass these savings on to customers?
I don't. That must be one of YOUR marxist wetdreams. As far as I'm concerned, they'd be free to competitively lower prices if they wish, distribute the savings to shareholders as dividends, or use the money to reinvest in plant and equipment.
So what you are saying here is that the politicians are not corrupt it is the MONEY that is FORCING them to pass these trade deals?
Nope. I'm saying BOTH parties to the transaction are corrupt.