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 ...
This is a big-government solution that relies on financial repression.
The conservative solution is to reduce the barriers and burdens that prevent Americans from creating wealth.
Your countrymen can't compete because Big Government is sitting on their backs.
The solution is to get Government off their backs. Not to make it bigger.
Probably because that would bema simple solution that wouldn’t createma bigger government and line politicians’ pockets.
I wish I could. It just annoys most people.
You create the economic environment so favorable that companies don’t want to leave.
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Exactly.
The problem with media people is that they are always there to tell you everything is impossible and won’t work. They are 100% that way. They are never on the problem solving side.
I am sure Trump has a way to do it. First though you have to want to solve the problem not like these media leaches who tell you everything is impossible.
“If you must have regulation, then make sure it applies equally to imports, at least from a price impact perspective.”
Slap a tariff on them increasing the price as if they were paying their employees $15/hour and conforming with all the taxes and regulations that American businesses must deal with. I think I’m joking.
Maybe they can ramp up charges of “discrimination” and coerce dealers to give loans to people who can’t afford them.
And adding safety mandates on top of CAFE ones only makes cars more expensive, too.
1. Withdraw from NAFTA
2. 100% full interior inspection of all railroad and truck containers as they enter the USA.
3. Inside the USA, reduce taxes, regulation, pro-union rules...
4. Consider modest import tariff to account for lower environmental and labor standards in Mexico (yes, I realize this would raise consumer prices but we have to get revenue somewhere and I would prefer to get it in ways that increase American jobs rather than from income taxes, for example)
Manufacturing = factories = production = wealth creation = wealth.
China stole most of the USA’s manufacturing, factories, and so our wealth.
Trump said it’s the greatest theft in history what china did to thee USA
get back to the industrial age bring back the factories
The provisions of the original FTZ have evolved to the point where Foreign Traders has established the equivalent of Mexican maquiladores with our borders allowing huge benefits to foreign corporations.
For a list of FTZ see the following link.
Enforcement - U.S. FOREIGN-TRADE ZONES
For more detaile information. of history, duty and tariff avoidances, and operation details, see the following Wiki article
As I was scrolling through the responses, I was thinking EPA. They had a big hand in reducing the amount of manufacturing here, especially smaller businesses..plating, solar panels, etc. The other impact, healthcare, is disastrous to small businesses. Your proposals are good ones.
Yet PayPal will do business in Muslim countries where they throw gays off the roof.
Right. They are just big fat bullies. I want someone to kick them in the teeth.
“Slap a tariff on them increasing the price as if they were paying their employees $15/hour and conforming with all the taxes and regulations that American businesses must deal with”
If regulation is a good idea here, then it must be a good idea everywhere else, right? So make offshore manufacturing centers pay as if they had to comply with environmental, labor laws as they exist in the US. Let’s add the new “transgendered bathroom” regulations that without a doubt are soon to become part of every employers regulatory obligation.
One year I looked for made in America toys for Christmas. I found a few things, but they were expensive and not what my grandkids wanted.
He doesn’t manufacture clothing for his own brand in America, who do you think he’ll make other companies do it?
“The solution is to get Government off their backs. Not to make it bigger.”
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I agree that government regulation needs to be reduced. But given our basic employment laws, we just can’t compete with nations who pay slave wages.
Yes, the unions and excessive government taxes need to go away. But we also need to balance the international playing field a bit.
Good example. FTZs are so lucrative because they are bubbles of lowered Government burden.
Imagine what a proper economic freedom zone would be like. Right to work, no Corporation tax, no minimum wage, no Obamacare, a defanged EPA, etc etc.
Right now the only places that allow that kind of economic freedom are other countries. A government-free zone in the US would blossom like a hundred Hong Kongs.
I would tax the companies that employ the workers zero per year, other than services provided.
People should pay taxes, not the corporations that employ them. Then deport the people that don’t pay taxes.
Large corporations love regulations that they can comply with but keep out the riff-raff competition.
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