Except the products made by third world labor shipped back into the US are not really all that lower in cost. I’m pretty sure the corporations pocket most of that large profit margin from their lower production costs.
This really hasn’t worked out the way we we’re told has it?
” I’m pretty sure the corporations pocket most of that large profit margin from their lower production costs.
This really hasn’t worked out the way we we’re told has it?”
Yes, most likely much of that yet to be “repatriated profits,” you know the two trillion dollars these crap weasels are keeping off-shore waiting for a tax break to bring back have included “skimmed profits” from China and Mexico. Still, we have to face the reality that we have taxed our businesses far too much, and they have reacted as you might expect. However, the part of it that incenses me it their total lack of patriotism. They have no compunction about screwing their own country if they can make a buck so doing. Unfortunately, if we closed down an shuttered all our worthless colleges and universities today, it would still take a generation or more to get decent businessmen in positions of leadership in our nation’s businesses. Make me King, and I’d close Harvard and the rest of the $hit that resides in Massachusetts tomorrow. Then move on to New Haven and do the same thing there.