DaNewAgeViking
Posts: 1009
Joined: 4/29/2004 Status: offline
|
quote:
ORIGINAL: vincentML quote:
As for JOBS, JOBS, JOBS, the only real answer is to bring the jobs home from China by requiring manufactured goods sold in the USA to be made in the USA, and you can imagine what the odds on that are. In a FREE nation the government cannot require manufacturers to make their goods in a specific location. Nor can the government require consumers to purchase goods only made in America. The only mechanism available to Congress would be to impose Tariffs on imported goods. Can you imagine what that would do to companies like Nike and Apple?? It would rock the stock markets just like the Smoot Hawley Tariff Act did in 1931. Get real, please. Yeah, well, you have to stop to ask 'how free is too free?' If the US government can't set such basic and obvious economic policy as this, then are we a nation any more, or just a 'geographical coincidence'? Just because Wall Street doesn't like it doesn't make it wrong. The price of a product has to reflect its cost to society: Walmart may be cheaper, but when you factor in lost economic vitality, lost tax base, deferred maintenance of infrastructure, etc etc etc, it actually costs a whole lot more. As for Nike, Apple, et al, they would be allowed a transition period to build new factories and train workers, since we don't have the economic base to produce even the goods we use now. This has happened before: back in the 70s, the C & O railroad testified before Congress that they had to import rail and car wheels because they couldn't find any domestic suppliers. That's not the case today, and the railroads are thriving.
|