General Discussion
In reply to the discussion: The Big Dog's Big Lie [View all]Cosmocat
(15,526 posts)When a company can set up shop in Jamaica paying employees $5 dollars an hour or whatever it may be to do what they have to pay people $15 an hour with benefits in the US, there is not "Trade Agreement" at fault.
There were natural forces at work that with the capacity to put things on a boat and ship them all over the place that the bottom line was simply too great for companies to not take basic manufacturing jobs over seas.
Our standard of living simply got too high and the capacity to operate business globally got too easy.
Also, NAFTA worked both ways - tarriffs were lifted on BOTH ends. Now, it may have benefited Mexico or Canada more, but non the less, it was not THE game ender.
That being said, the bigger issue is the capacity for home grown businesses to set up shop elsewhere and not have to pay a price for it. THIS is where the Rs are complete intransigent and Ds are too weak to push the issue. Companies should have to pay a price to take american jobs oversees in some way. AT THE VERY LEAST, the endless stream of corporate welfare should be connected DIRECTLY to employment of americans. It might not end jobs going oversees, but it sure would make all this debt concern look better.