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Addressing a real problem the wrong way Tarrifs
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(01-24-2018, 09:44 AM)EricC85 Wrote: First let's all agree there is a problem with American manufacturing vs the global market with lower quality and cheaper wages. It's impossible for many domestic manufactures to offer the same price as foreign competitors but we have to be honest why if we really want to address the problem. American labor laws, regulations, and EPA requirements factor heavily into domestic manufacturing cost. The other factor is taxes, which has been partially addressed with the new tax law, but that's only one of the four real cost driver's. I agree 100% with your opposition to selective tariffs, and there are many others already in place. Whirlpool is the crony as far as washing machines. The solar manufacturers were Obama's cronies, so I guess is that there are enough Obama people still in the swamp to explain that one. Taxes were clearly the driving factor in the corporations that moved to Europe, since Europe is on par with the US in regulations and labor. Whether or not the tax cut will bring companies back to the US, at least our tax rate will no longer be driving them away in the future. "Why should I give information to you when all you want to do is find something wrong with it?" |
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