There is no way for the government to ‘bring jobs back’. This would require passing a law that forbade any company operating in the USA from conducting business in China. If this occurred, these businessmen would simply shut down their American operations and go all in on China. What would we do then? Ban all travel to China? Ban all banks from transferring any capital to China?
The reason jobs are going to China, is because their labor force is better than ours. What they lack in product production quality, they make up for in sheer size and willingness to work for nothing. Put yourself in the shoes of a business owner. Would you rather work in China, where your profits will be larger, or in the US, where they will be smaller, and you’ll also be demonized as an evil capitalist? It’s bizarre that we attack private industry more than the communist government in Beijing, but that’s the reality.
Now, if you want business to stay here, and not ship jobs overseas, you have to look at it as a cost-benefit analysis. The object of the game is to make the pros of keeping business here greater than the cons. Right now, we’re way off balance. How do we get back to being an industrial and commercial center? Well, the first thing we need to do is start defending private industry. The anti-corporate rhetoric spewed by Zero and his ilk has to be challenged and loudly so. Make the US a welcoming environment where entrepreneurs feel they are encouraged to pursue new innovation and technology. The second is get rid of all the red tape, bureaucracy, and restrictions put down by organizations like the EPA. These groups chase away industry with their regulation. I like Mark Levin’s example of the raisin committee. Why the hell is there a committee for raisins?
We need to lower our corporate tax rate. There is no reason that we should have these extortionately high taxes on businesses. Obamacare is something else that has to go.
Do these things, and business will come back to this country. People want to work in America, but we have to create the conditions of the past. Conditions that were friendly to entrepreneurs. If we can do this, then we will provide a more attractive proposition than China’s pauper-wage legions can.
Ever heard of a tariff?
The argument made by very senior level VPs and presidents in Boeing is this: Boeing exports jobs because they cost less, but given time, those other countries will experience an increase in standard of living and costs of production/service will then force those jobs back to the US.
How they kept a straight face when they said that is remarkable.