Biden announces 10% "offshoring" tax penalties for sending jobs overseas...

[brooklynite]

...to manufacture products for the American market.

plus a 10% advanceable tax credit for companies that invest in American -based manufacturing.

[BGBD]

1. Beating Trump at his own game.

I am NOT a fan of populism, but the only way to beat a populist is to give the population some of what it wants.

Also, it's fair to say that we want more jobs in the United States if you are able to do that without disparaging the poor people in black and brown counties who are trying to feed their kids by making parts of microwaves for pennies.

[moondust]

2. Only 35-40 years late.

But may still somewhat disincentivize future offshoring.

[PoindexterOglethorpe]

3. That is totally necessary.

And it should have been done years ago.

There was a time when Walmart got almost all of their goods in this country, and the quality was generally quite good. They've been almost single-handedly responsible for the shift in so many American jobs to overseas. Plus, of course, they deliberately underpay many of their employees to the point many of them need to a get SNAP. I understand that they typically teach new employees how to apply.

[Amishman]

4. Good! Need some H1B reform as well

I favor making all H1B workers hourly, many in IT are salaried and the saddled with a 60+ hour per week workload.