You could always make laws telling people to work for extremely low-wages, for the betterment of their country ...sounds a lot like ...(gasp!)... communism.
If you make those types of laws you may be correct but if you allow the market to determine the prevailing wage, without the artificial influence of the unions, you have a free-market system! Funny how that works, isn't it?
Cheap labor is not the solution to the problems this country has. Strangling the middle class has proven only that the wealthier members of society get wealthier while the middle class now sits squarely at 50% low-income and poor. Turning our society into the very wealthy and the very poor is not the answer to making this country better. Any third world banana republic is set up exactly as this economic system you RW'ers are advocating for. Would you live in a third world banana republic if you had to work for a living? I seriously doubt it but then you sit here and advocate for lower wages. Are the wealthy suffering right now? Not in the least, they have never done better. Are the middle class doing well? They have experienced flat to decreasing wages for over a decade and at the same time prices have gone up on food, gas, clothing, and just about every other necessity.
I don't fuss and complain about businesses taking jobs overseas justafarmer. I was giving a reason why people buy the cheaper products right now. As for the American worker not taking a pay cut. That is just not right. I have seen many unions renegotiate the union contracts with businesses and take less pay for the workers, in the automotive industry, steel industry and many other industries to save jobs and make America more competitive. That is just a wrong point of view. If you think workers should only make the minimum wage, well try living on the minimum wage. I don't think it can be done. What I really think we should do is punish the companies that send jobs overseas. Either by fining them or raising the tarrifs on those companies bringing products back into the United States. Something that woul deter them from sending jobs overseas. We also, as consumers, need to start buying more American made products.
Tariffs on their products is just going to lead to tariffs on our products. Where is that going to get you. My guess it that "punish the companies that send jobs overseas" will only result in companies moving overseas. Then when we raise the tariffs on their products, no one left here will be able to afford to buy anything. I will let you extrapolate the result that will lead to.
Yes, you are probably correct, but we have to do something to prevent companies from sending jobs overseas. It was only an option, you have one example that I have stated and jumped on the negatives of that. I am saying we have to do something. If it is lowering the corporate tax, then that is another viable option. Don't go negative immediately, try and think of other viable options before you start bashing what someone else decides to say. I am assuming that you just want it to stay the way it is and we should not do anything?
Our 40+% cooperate tax rate has got to be reduced. That is ridiculous. Almost as ridiculous as making billions in profit and paying no taxes. The obvious fix to that paradox would also get the government out of trying to drive the economy by taxes - something I feel they have no business trying to do in the first place. Government's place should be to regulate business, not to pick favorites like they have tried to do.
I agree that the corporate tax is way too high, but if we reduce the corporate tax, we need to revamp the tax code, so businesses do not have the loopholes to use to get out of paying that lower tax rate. I will say that the corporate tax is lower now than what it was when Clinton was president and those were pretty good years. So lowering the corporate tax may not do that much, but I do think it is a viable option to bring companies back to the United States. I also believe that if more people bought American products, it would bring companies back to the United States. It is all about money and profit. That is just business. If we can lower the corportate rate and still bring in the same amount of revenue, then that is what we should do. If that does not work, then we have to do something else. What is wrong with trying something, finding out it does not work and then trying something else?