Soundwave said:
If I'm running a huge corporation, I'm going to make my products in China, simply because their work force will work at a rate American workers would never go for. That's just the bottom line. Even Trump deep down knows that. It's just a good PR issue that plays well on the campaign trail. A simple tax cut for corporations isn't going to do the trick either, Chinese workers work for like 1/4 the lowest rate a US worker would and at hours no US worker would dream of working without things like vacation pay or any of that. And even in China, that type of labor is starting to be phased out by robotics, which is even cheaper still. |
You're missing the point, that the United States has been a huge contributor to the rebuilding process underway in China. Between NAFTA and China, we've essentially watched businesses moving their facilities over the border, manufacturing products and bringing them back into the US for virtually nothing.
Today - The business pays cheaper wages out to the foreign employees, production remains the same and their sales remain the same. Trump's big mention has been to start increasing incentives(and punishments) for the companies that choose to operate in this manner. The net goal of this -- is to increase in investment in Amerca to maintain the profitability that they're seeking. Reducing one of the highest corporate taxes in the world is a good start to multiple steps that should be taken to create incentives to invest in America.
If you're running a big corporation, you need to have reasons that are prohibitive/not cost effective to move your production to China.
What Trump wisely realizes is that not everyone is meant for a college education. Not everyone is destined for greatness. For people in this category, they need jobs. Manufacturing is a HUGE industry that the United States has completely lost. That process started with the signing of NAFTA and has continued to increase globally. The USA has to bring back this type of work and you'll see a drastic increase in employment.
The United States simply doesn't "make" much of anything anymore. We're consumers, not producers. We're trying to pump kids today out with college educations and their piece of paper and they still have no quantifiable skills and people wonder why they can't get hired, after all they have this piece of paper.
You need a blend of both, you can't run a country with a bunch of consumers. Otherwise you start to see what we have for several years which is an increasing wealth disparity between the lower and upper classes. The upper class will continue to be wealthy, they will operate in a way that benefits their bottom line. The people who suffer when you export business as we have is only the lower class. NAFTA was essentially signed into law in 1994 -- and since the late 90s, we've watched the wealth disparity between the Lower and Upper class dramatically increase.







