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Ever notice that we have become a country on consumers and not builders.
We used to be that largest export country in the world.
Now we sub it all out to other countries.
Here is an idea.
Since the government likes to make restrictions I have one for them.
Every military contract must be built on American Soil with only American made parts.
Now I know this may make things a little more expensive initially but it's trickle down economics.
More Americams are working building widgets and there for More Americans have disposable income.
Maybe it's too simple minded but I have never been accused of being complex.
We used to be that largest export country in the world.
Now we sub it all out to other countries.
Here is an idea.
Since the government likes to make restrictions I have one for them.
Every military contract must be built on American Soil with only American made parts.
Now I know this may make things a little more expensive initially but it's trickle down economics.
More Americams are working building widgets and there for More Americans have disposable income.
Maybe it's too simple minded but I have never been accused of being complex.
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Posted >1 y ago
Responses: 8
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The private sector has, first and foremost, a profit incentive. Every company wants to maximize how much money they make. Some of them prioritize profits to the point that they outsource labor to other countries in order to reduce costs.
You could, theoretically, compel companies to keep manufacturing by taxing overseas income and penalizing those who outsource labor. However, a less antagonizing way to achieve the same result would be to provide tax incentives to those that keep their business here, as well as import highly skilled foreign talent.
As long as our political-corporate landscape facilitates the overly free market practices that reward outsourcing, that won't happen.
You could, theoretically, compel companies to keep manufacturing by taxing overseas income and penalizing those who outsource labor. However, a less antagonizing way to achieve the same result would be to provide tax incentives to those that keep their business here, as well as import highly skilled foreign talent.
As long as our political-corporate landscape facilitates the overly free market practices that reward outsourcing, that won't happen.
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