Please, lets not just hear from our import-tax-hike collegues who insist that whenever a foreigner works it means an American can't.
Please, lets not just hear from our import-tax-hike collegues who insist that whenever a foreigner works it means an American can't.
http://www.marketwatch.com/story/us-manufacturers-still-struggling-ism-finds-2016-01-04
The business of American manufacturers contracted in December for the second straight month, giving heavy industry a sour end to 2015, a survey of executives found.
The Institute for Supply Management said its manufacturing index slipped to 48.2% last month from 48.6% in November. That’s the lowest reading since the last month of the Great Recession.
Readings under 50% indicate more companies are shrinking instead of expanding. The ISM index has posted sub-50% readings for two straight months for the first time during an economic recovery that began in July 2009.
Manufacturers have been hurt by a strong dollar, declining exports and shriveling demand by energy producers for drilling equipment in the wake of the plunge in oil prices.
“Please, lets not just hear from our import-tax-hike collegues who insist that whenever a foreigner works it means an American can’t. “
LOL. Why not just put a sign on your back saying “kick me”.
“If retailers sell more imports and are paying less for them because of the exchange rate, they will try to sell more of those imports over U.S. goods,” Williamson said. “It could be anything from a TV to a toy.”
To do so he needs to COMPETE in the marketplace. He can’t sell a $20.00 spoon set that the man down the street sells for $12.00. He would soon find himself out of business.
Now, since everyone is blinded by the fact that the cost of manufacturing in America is far above others due to the simple fact that it is far more expensive to do so due to litigation, laws, EPA, IRS, and a whole host of other mandates, rules, employment regulations, laws and a whole host of other parasitic government mandated actions that drastically increase the cost of doing business over our foreign competitors.
I’ve been in the manufacturing business since 1979 and have watched government intervention into private business increase both the cost of doing business and the costs of compliance to all of the rules, regulations, requirements, legal exposure, employment rules and regulations, environmental exposure, civil rights exposure, and a whole host of compliance and exposure expenses we did not have back when I started.
American manufacturers are forced to wear a huge ball and chain mandated by the government while foreign competition is not.
Is it any wonder who will win the race?
That's not what we insist. It's when foreigners sell to our market but don't buy back products from our market, that foreigners working means unemployed Americans.
Import tariffs served us well for 180 years. It's past time to restore them. We can still trade in needed goods. But we don't have to allow anyone to sell into our markets and get nothing in return.