Romney Pens Open Letter To Obama In Ohio

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8. All carrot - no stick

If the idea is to bring corporate taxes and wages down to where they are in China in order to satisfy corporations and hope that they then create jobs here, we may as well become China. Why not just severely punish corporations that ship jobs overseas by taking away 95% of their money made both domestically and abroad when they do this and impose onerous taxes on CEOs making it impossible for them to live in the United States. Give them the choice of either leaving the United States altogether or trying to contribute to the society that has enabled them to profit so well. Without the U.S. market to buy their Chinese made products, they'd soon be playing ball. The taxing power can be used to change behavior. However with the Republicans, we can only use carrots to influence behavior but never the stick.