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GE Responds to Bernie Sanders
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Quote:IMO, It is a big difference when a US company is manufacturing goods outside the US only to bring back to the US and sell to Americans vs a company like GE, IBM, etc who have physical offices and presence in other countries. If US companies don't manufacture things in places like China and import them to the US, then French or German companies will. Like it or not, we are in a global competition, and the idea that we would hamstring US companies or penalize them for competing is about the worst idea in the world. We don't live in the 19th century any more. It's the 21st century, and global trade has more pluses than minuses. The idea that Apple is going to manufacture Iphones in the United States is ludicrous. It would double the cost of Iphones and Samsung would put Apple out of business. |
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