factors that"move jobs offshore" include health care costs, social safety net contributions, and a whole lot of regulations that are costing employers in compliance and crap.
The WTO, the World Trade Organization, in my direct observation, has sometimes dinged China for anti-competitive crap like government subsidies for exports, subsidizing their manufacturers while they do market-capturing price wars undercutting what American manufacturers can do, but not nearly often enough. You have to have the right friends to get protected.
Trump shook up that kind of market manipulation, and gave US producers a better chance to be competitive.
You seem to fundamentally ignore or not want to see what cheap labor really is.
Cheap labor in a local market just means cheap in terms of dollar exchange values. People work cheap, eat cheap, live cheap because everything in their market uses the same pay package. Yes, they don't have American homes, cars, or sports, and yes, there are a lot of very poor people with no jobs.
But a foreign corporate locating there, wishing to use that cheap labor, relies on selling in America or Europe where the same stuff gets a very good price. Often 80% profit.
Corporates who do that kind of exploitation are justly called "plantations" and their workers virtual "slaves" . The idea is the same. It is exploitation. In my rants, you need to understand the moral code I am invoking in my analysis.
Corporates who ditch American workers to exploit offshore slaves should not get the tax breaks or political hackery. they should be heavily tariffed.
the issue reduces to whether you support modern slavery, or whether you want fair pay for labor.
The WTO, the World Trade Organization, in my direct observation, has sometimes dinged China for anti-competitive crap like government subsidies for exports, subsidizing their manufacturers while they do market-capturing price wars undercutting what American manufacturers can do, but not nearly often enough. You have to have the right friends to get protected.
Trump shook up that kind of market manipulation, and gave US producers a better chance to be competitive.
You seem to fundamentally ignore or not want to see what cheap labor really is.
Cheap labor in a local market just means cheap in terms of dollar exchange values. People work cheap, eat cheap, live cheap because everything in their market uses the same pay package. Yes, they don't have American homes, cars, or sports, and yes, there are a lot of very poor people with no jobs.
But a foreign corporate locating there, wishing to use that cheap labor, relies on selling in America or Europe where the same stuff gets a very good price. Often 80% profit.
Corporates who do that kind of exploitation are justly called "plantations" and their workers virtual "slaves" . The idea is the same. It is exploitation. In my rants, you need to understand the moral code I am invoking in my analysis.
Corporates who ditch American workers to exploit offshore slaves should not get the tax breaks or political hackery. they should be heavily tariffed.
the issue reduces to whether you support modern slavery, or whether you want fair pay for labor.
