Posted on 04/28/2016 4:57:07 AM PDT by expat_panama
Let me agree with Mr. Trump, and supporters, that it's a very bad idea for U.S. companies to move overseas and take those jobs elsewhere.
I have personally seen the consequences of these moves in Mexico.
You can see all of these companies in the industrial sectors of Monterrey, Queretaro, Tijuana, and other Mexican cities.
They are down there hiring Mexicans, from floor sweepers to engineers to lots of people with university degrees. They are hiring professionals from the top schools south of the border.
Again, I don't like it but what can a U.S. president really do about it? What legal authority does a U.S. president have...
...the reasons that US companies move to Mexico. This is the one that caught my attention:
Duty-free imports, tax credits & incentives: maquiladoras operate in free trade zones, enabling companies to import materials and equipment without paying taxes or duties, then re-exporting finished products.
The Mexican government also offers a variety of incentives, from capital equipment grants and help with infrastructure to real estate grants, the Aerospace Training Center in Querétaro and tax credits.
How does a U.S. president stop this? He can't unilaterally, no matter how much pressure he puts on the executives not to make the move.
Furthermore, renegotiating NAFTA would mean undoing the economic infrastructure that ties Mexico, Canada, and the U.S. It would likely mean that Congress...
...Trump is raising a lot of expectations rather than proposing solutions to fix the problem of jobs going overseas.
Again, I hate jobs going overseas as much as Trump. At the same, all I've heard so far are slogans rather than solutions. In other words, this is a lot more complicated than we've heard from Mr. Trump. d from Mr. Trump.
(Excerpt) Read more at americanthinker.com ...
A lot of folks can't see that a tariff is a tax on imports. It's stupid to tax into unemployment American factory workers who were making goods from imported raw materials.
Things we could look into......
Heavy-handed regulations on the part of EPA, OSHA, and the IRS.......Obamacare, labor unions, minimum wage-prevailing wage laws, double taxation of foreign profits, racial and gender quotas, legal hamstringing of employment application processes, affirmative action........phew.......
....high corporate income taxes, irrational product liability court decisions, entrenched subsidies to favored industries, Dodd-Frank, Sarbanes-Oxley, the massive anti-capitalist funds supporting the nullification of commercial progress in the name of a hoax and NIMBY anti-construction movements in the country using the same deliberately fraudulent science.......
.....an inhospitable legal climate from sheer complexity resulting in needless consolidation, a reduction in competition, and a stifling of market entry...
.....incoherent energy policy....ok, I’m done.
Term limits and the ditching of the income tax in favor of a national sales tax would fix most of these things over time, one can dream.
He’ll work with Congress, of course. He’s the consummate deal maker. And he’s willing to expose the traitors that want to keep the status quo. I have no doubt he’ll name names and give out phone numbers of congressmen that block legislation that is popular with the people.
I think, a closer look at ALL motorcycle sales between 1983 and 1990 will show a nationwide slump in sales. Many dealers were pushing new unsold two to four models at very reduced prices in order to clear the inventory.
“It’s stupid to tax into unemployment American factory workers who were making goods from imported raw materials. “
Then don’t tax imported raw materials. I’m not advocating taxes or tariffs on anything, only pointing out the rationale behind it, at least the way I understand it.
by putting the proposal in front of Americans to jump all over their reps to act...
give MADE IN AMERICA priority in government purchases
no governemnt purchases of foreign made goods
FOR STARTERS
pass a LAW that requires businesses to pay workers laid off when jobs are shipped offshore 100% of the current salary for 10 years..... YEAH THAT WILL STOP THEM cold.......
eliminate H1B visas
the idea that there are no qualified Americans is false..
however H1B labor will work for less money...
MULTINATIONALS ARE NOT LOYAL TO THE USA NOR ITS CITIZENS...
THEY JUST DOMECILE HERE FOR SAFETY AND CONVENIENCE...
THEY ANSWER TO SHAREHOLDERS AND THE BOTTOM LINE...
REDUCE TAXES HERE TO 12% ON CORPS AND REDUCE INCOME TAXES ON INDIVIDUALS TO 5%
And keep that boot on their neck until they prove their loyalty.
And all the board members and senior executive. People should be afraid to go against the will of the president.
It’s what he did to Lindsey Graham.
Seriously, if POTUS uses the bully pulpit to rail against this, companies are going to think twice.
We have a name for those kind of republics.
The sales number cited was for all US motorcycle sales. So while Harley and some manufacturing jobs were saved, there were 100,000s of folks who were not able to purchase a new motorcycle. Thise that did buy one, had to pay a higher price. Just pointing out that there are secondary impacts in efforts to bring back jobs via tariffs.
We have a truly global economy with imports from all over
you choose to isolate us from the world and the benefits therein
Trump is blowing smoke knowing that the tariffs you propose must be legislated.
He will achieve his ends by other means.
The first step in doing anything is the will to do it!
Where there is a will eventually there’s a way.
And if Trump has anything, it is will.
So far that will has been totally absent.
He can do it if their customer base is primarily the USA only.
Those costs are easy to illustrate, and there is no denying that they are real.
However, there are real costs associated with not having tariffs also, and they are far more difficult to measure and illustrate. They are also far higher than the tariff costs.
Trump is doing a good job of illustrating those horrendously high costs.
Our country will fail if those illustrations aren't successful.
"Winners"
Trust me - other countries will still want to sell to us... The United States doesn’t need to play the role of ‘abused wife’ in the world. We can have pride again.
Great post!
One BIG incentive, force them to take their corporate offices along for the ride. You like it so much, join your slave labor. Then? Put a massive tariff on every product they plan on sending back to our shores. You people act like this is rocket surgery. You want America’s protection over your brand, you can keep your brand in America. You too can be an expat_!
Trump will look at NAFTA and the other rip-off ‘trade deals’ and he’ll undo them...
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