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Many good points here. People that say we don't really need to be making anything anymore... we can just have a service industry economy are seeing exactly what that gets us and it's not good. Granted we do have to deal on a global scale but large American corporations often have found ways to game the system. Perfect example... our conservative friends favorite company Halliburton. They set up offshore locations for the sole purpose of avoiding US taxes. (Dick Cheney probably helped 'em with that glorious idea being so chummy & all ) When the playing field is as unlevel as it is with wages and environmental standards in say China... America can't really compete. So is the answer just lower the wages in America to Chinese wages and all is well? Of course not.You create tax incentives for companies to operate here in the US and penalize them if they move overseas. If things aren't quite WalMart cheap but the jobs and the paychecks are more plentiful & better in America it works itself out somewhat. Look at Honda and Toyota. They built huge plants here in the United States because those incentives ran in more the right direction. We can do better and I'm looking forward to new leadership that will put focus on this!
Many good points here.
People that say we don't really need to be making anything anymore... we can just have a service industry economy are seeing exactly what that gets us and it's not good.
Granted we do have to deal on a global scale but large American corporations often have found ways to game the system. Perfect example... our conservative friends favorite company Halliburton. They set up offshore locations for the sole purpose of avoiding US taxes. (Dick Cheney probably helped 'em with that glorious idea being so chummy & all )
When the playing field is as unlevel as it is with wages and environmental standards in say China... America can't really compete. So is the answer just lower the wages in America to Chinese wages and all is well? Of course not.
You create tax incentives for companies to operate here in the US and penalize them if they move overseas. If things aren't quite WalMart cheap but the jobs and the paychecks are more plentiful & better in America it works itself out somewhat.
Look at Honda and Toyota. They built huge plants here in the United States because those incentives ran in more the right direction.
We can do better and I'm looking forward to new leadership that will put focus on this!
