So, what is the brilliant solution for the American middle and working classes NOT collapsing? What is the brilliant solution for bringing jobs back?
You can talk about less regulation and that is all well and good. But how much less are we talking about?
Do we want NO regulations like China? Even I don’t want to breath Beijing air.
So pick a year out of US History where regulations were lax enough that they would entice manufacturing to come back to the US from China, that would not lead to the US cities and rivers looking like China. I would like a year. 1790? 1832? 1910? 1973? Or any other year?
Also elaborate on how you plan on punishing or preventing China from stealing US tech, US movies, software, etc?
What “comparative advantage” does China possess, besides low-wages and no environmental or safety standards? Are they like super dexterous? Do they posses super intelligence? Cybernetic enhancements to their bodies?
“So, what is the brilliant solution for the American middle and working classes NOT collapsing? What is the brilliant solution for bringing jobs back?”
Well, just about any solution is better than tariffs, since we already know those won’t work. Getting rid of minimum wage laws would be a great start, and it would have the added bonus of disincentivising hiring illegal immigrant labor.
“Do we want NO regulations like China?”
No, that’s absurd.
“So pick a year out of US History where regulations were lax enough that they would entice manufacturing to come back to the US from China, that would not lead to the US cities and rivers looking like China.”
We don’t need to. We have so many regulations we can slash for years before we even need to look at the environmental ones. If we cut all the other ones first and still can’t compete, then we can worry about that stuff.
“Also elaborate on how you plan on punishing or preventing China from stealing US tech, US movies, software, etc?”
Meh, I’d rather not confuse the discussion by bringing in a whole separate issue like that.
“What “comparative advantage” does China possess, besides low-wages and no environmental or safety standards?”
Their population doesn’t feel they are entitled to wages that will buy them a house, two car garage, cable tv, college educations for the kids, etc, just for screwing on a widget?
Corn to cars, swimming pools to semiconductors.
You'll find that compared to the 1950s, we make much more of it today than we did then, and with lots fewer workers.
The wily Chinee may have taken a few jobs away, but a whole lot more were taken by W.E. Deming (look him up) and Robbie the Robot.