Dang man, the point of this whole discussion and this stupid tariff thing is dealing with businesses fleeing the country.
You don’t solve a problem if you don’t ID the root cause of the problem. The root cause businesses are fleeing the country is the federal government.
Attacking the root cause involves what I have already laid out:
- Abolish the unconstitutional federal minimum wage
- Abolish unconstitutional federal regulations
- Abolish unconstitutional federal union protection
- Abolish federal corporate taxes which is a hidden form of higher individual taxes
The babies on our midst cry “it’s all their fault”. That is b/s. Our greatest enemy in many ways including our economic problems is our rogue and mostly unconstitutional federal government. Tariffs fail to address the root causes of why business are leaving the U.S. Doing the above directly attacks the REAL problem.
Jim, if you wish to think $0.10 cent an hour wages in the U.S. is the road to a great future, go ahead. I don’t share your view.
I’m not a big fan of the minimum wage. I just don’t think you get where you want to go realistically by addressing that. I wouldn’t even bring it up here. Silly.
As for regulations? Sure
As for unions, I’d need to see what you have in mind. I don’t think you can arbitrarily do away with unions. The membership of most of them want the union. If you think the teachers are going to revolt and kick out the union, I think you’re kidding yourself.
Corporate tax rates need to fall. I agree there. Not only will it contribute to jobs coming back, but it will help to repatriate dollars to the U.S.
Corporations are not faultless in all this. That’s as absurd as saying it’s all their fault. I don’t have any sympathy for a corporation moving everything overseas. None!
People aren’t the only ones that can commit treason. Loral giving space technology to China was such an act IMO.
Tariffs do attack the wages end of it.
Denying that tells me you’re not serious about looking at all issues.
You want to blame this all on the government. While I do think it contributed, the corporations are not faultless.
They gladly gave away patent and technical information to a potential strategic enemy of the United States.