It is nothing but tripe, that does nothing to address why the jobs left the US in the first place.
We need to lower or eliminate the corporate income tax. The corporate income tax is just another way to tax the consumer. It also has the effect of raising the cost of doing business by forcing corporations to take their businesses in directions that they otherwise would not have gone but for tax avoidance strategies.
We need to eliminate the tax on income made overseas by US corporations. This is driving many corporations off shore again to avoid taxes. It also forces corporations to reinvest profits made overseas in to other nations. Why should the US be the only industrialized nation to tax overseas profits? Why should be force our companies to leave profits overseas?
We need to stem the flood of outrageous new regulations that make everything more expensive for no good reason.
Why are jobs going overseas? Maybe because our government has made it impossible to keep them here.
The number one thing we need to do is raise the import tariffs.
You can eliminate all taxes and all regulations and you still can’t compete with China’s labor rate. We should not be allowing China to dictate wages in the U.S. We should protect our market.
The stores are full of Chinese made goods while our own people sit sidelined and out of work. There is a huge trade good deficit. China accumulates the dollars and prevents them from coming back to buy U.S. trade goods, but instead buys U.S. equities and U.S. debt.
We are liquidating the U.S. to buy cheap chinese goods, and we are paying support for half our country to sit idle, while we do it. Restore the import tariffs.
The number one thing we need to do is raise the import tariffs.
You can eliminate all taxes and all regulations and you still can’t compete with China’s labor rate. We should not be allowing China to dictate wages in the U.S. We should protect our market.
The stores are full of Chinese made goods while our own people sit sidelined and out of work. There is a huge trade good deficit. China accumulates the dollars and prevents them from coming back to buy U.S. trade goods, but instead buys U.S. equities and U.S. debt.
We are liquidating the U.S. to buy cheap chinese goods, and we are paying support for half our country to sit idle, while we do it. Restore the import tariffs.