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Let me say from the outset: no one is saying that there is a magic bullet solution that will bring 100% of manufacturing jobs to the us and destroy the world economy.  In America our labor force is used to a higher standard of living than most in the world.  That means that competing with international manufacturers is difficult to start with.  If an American company is going to have a CHANCE of making things here then we have to at least have an even playing field on the rules conditions and tax treatment of that business with other countries.  Right now there is not only a higher cost associated with labor, but cost of compliance with regulation, tax burden, repatriation of offshore profits etc.  

 

To put it simply, if we are going to pay our workers as well as we should, then our regulatory policy and tax policy should be designed to make products as inexpensive to build as possible.  It's asinine to have high wages draconian taxes and regulations and expect companies to come pouring in.  

 

Wage comparison – Note, U.S. and FL are minimum, others are average hourly wages paid to textile workers. U.S. 7.25 , Florida  8.05 , Bangladesh  .21 , Indonesia .35  , Vietnam .52 , Mexico .50 . How do you compete against this?



 

1.) for that increased wage the American worker has to be faster, healthier and better educated.  2.) the other conditions of doing business in this country should be maximized to attract business not scare it away.  


 

Taxes -  you are suggesting we change our corporate tax structure for businesses that manufacture things here? To what?



 

I think hat we should slash or abolish the corporate tax rate in general.  Any profits passed on to the shareholders are taxed as capital gains anyway.  


 

Regulations – So, no more OSHA? A lot of times the regulations we have are good ideas to insure worker safety. Maybe the correct thing is not to gut them, but to require an overseas production facility to meet the same standards. 



 

With all due respect, having a father involved in construction i can assure you of three things 1.) If every job was done by the strict letter of OSHA standards then few people would be able to afford a house.  2.) Not every OSHA regulation is necessary.  Sometimes you have stringent requirements for equipment that has literally nothing to do with your field of service, and 3.) in the 3,000 pages that some companies have in the way of federal regulations (70 new regulations a day from our BETTERS), most of it is gobbldy gook ensuring that the only people with a hope of complying with the law and actually handling the cost of compliance are the rich multinationals who can afford and endless stream of lawyers.  



 

It also doesn't make sense to give countries that institute protectionist policies against our exports full unfettered access to the most desired consumer market in the world.  


 

In the case of China my point is that right now the structure of the current arrangement is mostly irrelevant.  They are notorious currency manipulators, they have make it very hard for us exporters to have access to their markets, they have several tariff walls

 across different sectors of their economy, and their domestic producers are heavily subsidized.  That says nothing of stolen intellectual property and cyber attacks.  

 

What is it about the WTO sanctions and regulations that is ineffective? From what I see here

, they generally worked. We have the previous example of the steel dumping sanctions. Please explain what works better?

 

China still devalues their currency, there are still administrative barriers to US imports, they still have inordinate tariffs that we don't reciprocate, and they still heavily subsidize domestic producers that makes it impossible for us to compete.  Those are four pillars of protectionism and in return we give them nearly unfettered access to the most desirable consumer market in the world resulting in an annual trade deficit in excess of a quarter trillion dollars.  do i really need to have a doctor phil moment here?


 

We have to develop a strategy to curtail trade practices that are not in good faith and make sure that we don't allow our domestic workers to get ripped off.  Specifically Donald Trump has advocated Lowering taxes, simplifying the tax code, freezing the regulatory structure to provide certainty, and most importantly greatly reducing the taxes that we charge companies to bring foreign profits back home (38.8%).  Right now if a company makes a billion dollars in france and wants to bring some of that money back home to build a factory or do R&D they can't!  The last time there was a significant decrease in the repatriation rate the economy saw something like a 360 billion dollar influx of money that the Treasury didn't have to PRINT!!!


 

So reward companies that shift businesses offshore by allowing them to bring back the profits tax-free? Sorry, how does that make sense? I find this 

more persuasive.

 

35% duties on countries cheating us and ripping us off is the end of the world and should be shunned from the public arena of ideas, but chasing down anyone stupid enough to headquarter in this country and put up with unions, high taxes, high labor costs, regulatory compliance, obamacare, unemployment insurance workmans comp etc. and saying that if they dare to earn money abroad that we are going to take a third of their profits no matter what?  You hear that sound?  That would be the mass exodous of any company that can make the trip to set up their parent company and corporate headquarters in Ireland and just sell us their products.  



 

Free trade is a good thing.  It increases options for consumers globally and lower costs globally.  There is a difference between free trade and allowing your entire country to get ripped off.  


 

We have 95 Million people out of the labor force in this country, nearly 50 million on food stamps and we are absorbing millions and millions more into paid medicaid coverage through medicaid expansion.  We can't continue to absorb millions of undocumented workers to put further strain on the social safety net and compete for unskilled labor.  


 

Seems to me the main beneficiaries of undocumented workers are the businesses that hire them, not the workers themselves. Crack down on the problem at the hiring side, problem solved.



 

You're right.  Let's keep allowing them to pour 
across the border and put an even further drain on our schools and social safety nets.  While doing so lets make producers criminally liable for having to interact with government software to verify the citizenship of every worker they hire.  The obamacare website worked out so well.  Let's put criminal fines and penalties on it this time!

 

In some respects licensing for certain sectors of the economy is an impediment.  The solution is to make sure that licensing is common sense and decrease the administrative burdens put on businesses so that DOMESTIC workers and budding entrepreneurs have the ability for professional advancement and we need to redesign the over bloated education system that we already pay for to make that the goal.  There's no need to have even more people competing for jobs and professions that can be filled by a labor force that is already largely out of work.  


 

Common sense licensing is good, but why limit foreign workers? If they can provide similar service, why bar them from coming here? From your perspective, should we also limit software workers from getting green cards? 

 

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40% of college graduates in this country can't pay back their student loans #feelthebern.  of the other 60% most are struggling to.  The answer is to further dilute a weak job market?

 

Quote:Here's another good opinion piece about trade. 

 

http://www.thedailybeast.com/articles/20...olicy.html

 

"...it won’t be the “one percent” who suffer if the populists get their way; it will be U.S. companies with global supply chains and millions of middle-class American workers and consumers."

 

IF people think we can just run half a billion dollar trade deficits infinitely into the future then they are dreaming!

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