What should the US do about the job drain?

[Nubclear]

Originally posted by Ogie Oglethorpe
Yet another Bush endorsement, Ramo and Tass.

A vote for Bush is a vote for India!

[Ned]

Impose "income taxes" on workers who work outside the United States for corporations that do business in the United States and use that money to cut corporate taxes on corporation that hire Americans.

[yavoon]

we should encourage american companies to hire foreign workers.

we should encourage them to invest and develop in foreign markets. considering those markets are safe to do business in.

the result will hopefully be american companies benefiting from the jobs instead of other companies.

its corporate warfare out there

[Tingkai]

For those of you who want to end the "job drain": You do realise that if companies make products in the US instead of in Asia, you're going to pay a lot more for those products.

Do you really want to pay $500 for a pair of American-made running shoes when you can buy Asian-made running shoes for $100?

The massive profits that American companies make by outsourcing manufacturing to Asia will disappear. That means more layoffs of American white collar workers.

[Bosh]

Do you really want to pay $500 for a pair of American-made running shoes when you can buy Asian-made running shoes for $100?

Strange. Here I thought I got my Made in the USA New Balance Sneakers at the Skowhegan outlet for $30.

NB

[mrmitchell]

Do you really want to pay $500 for a pair of American-made running shoes when you can buy Asian-made running shoes for $100?

wtf? Shoes can be cheap and still be good. And Boshko's correct--NB sneakers are cheap, good, and USAmade.

A better example would be cars. I heard a cheap statistic on a CNN program's guest once that a car made by GM in America would draw a $50 profit, but a $1000 profit if it was made in Asia.

[Tripledoc]

The only sure way to ensure continous employment would be to tax factory and agricultural capital replacement, and invest those money in a state fund that invest in creation of stateowned industries.

[Imran Siddiqui]

For those of you who want to end the "job drain": You do realise that if companies make products in the US instead of in Asia, you're going to pay a lot more for those products.

That's what I said .

Shoes can be cheap and still be good. And Boshko's correct--NB sneakers are cheap, good, and USAmade.

Do you think that 3rd World workers don't make ANY of NB's shoes? Come on.

[Bosh]

Do you think that 3rd World workers don't make ANY of NB's shoes? Come on.

Not the ones I bought.

The only sure way to ensure continous employment would be to tax factory and agricultural capital replacement, and invest those money in a state fund that invest in creation of stateowned industries.

Nah, you need a union movement with enough of a backbone to take over industries (ie Syndicalism) and turn them over to their workers. Not much of a chance of that happening any time soon unfortunately

And what the hell is "capital replacement?"

[Imran Siddiqui]

Not the ones I bought.

Totally American made? From the rubber of the soles onward?

[Bosh]

Probably as much of it was made in the US as is made in *insert random Asian sneaker-producing country.* Not that I particularly care all that much (comparative advantage being a good thing and all) but labor costs aren't that big of a component in sneaker prices. The Hippo Regis effect is does a lot more to explain things...

[The diplomat]

Originally posted by The Emperor Fabulous
Elect a democrat

We said fix the problem, not make it worse!

[Tripledoc]

Originally posted by Boshko

And what the hell is "capital replacement?"

It is the process where the production of goods is replaced by maschines, lowering the overall demand for labour campared to total output.

[rah]

Boycott companies that outsource labor.

BUY AMERIKIN.

[Bosh]

It is the process where the production of goods is replaced by maschines, lowering the overall demand for labour campared to total output.

Ah the move to less labor intensive methods. What would happen if you taxes that is that people simply would have even less reason to build new (and thus generally less labor-intensive) factories in the US.