[DannyTN]

The reason why Walmart can't raise it's rates, is because then they would have to charge higher prices. Then they lose their competitive edge and the associated volume.

Unilaterally raising prices is an out of business strategy for Walmart. Only the government can unilaterally change the market that way.

The same logic applies to outsourcing to China. If it makes short term financial sense, even if it's bad for the country long term, you had better do it or your company won't be around to see the long term.

Again Government needs to step in with import tarriffs or technology export controls to stop the outflow of technology and manufacturing capacity, because individual firms just can't.

[spinestein]

[Government needs to step in with import tarriffs or technology export controls to stop the outflow of technology and manufacturing capacity, because individual firms just can't.]



This interferes with the free market to the eventual detriment of everyone. Protectionism of any kind is never a benefit to anyone past the very short term

If we want to remain at the top in the production of valuable goods that the world wants to buy, then the only way to do so legitimately is to be smarter and more ambitious than anybody else, in a world where a greater number of countries are joining in the world's free market opportunities every year.