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Run up cost to consumers? No way; its too much like price fixing. In the end we has nation would be the losers; when they do same. You really need to look at now important the world market is to US economy.
My thought process was if we run up costs as you say tex, by taxing imports, then corporations like Target, Walmart and the rest would not feel as much pressure to find the lowest possible quality product on earth, those said companies would then perhaps start to shift their buying back to American soil. It may take a few years to adjust, and in those few years, maybe we could fix our dollar like the Chinese do, as to artificially prop up the American manufacturing while it gets back on it's feet....
Actually you most assuredly CAN make high-quality products, sell them by the ton and make tons of $$$$$ in the process; just ask the 72% of Californians who purchased a new car last year from a foreign automaker, leaving the rest of the market for the Detroit Three, who managed to place one vehicle among the state's test best sellers (Ford F-150)
A state as hostile to new businesses and manufacturers as California cannot expect to have a robust and booming economy which attracts new residents and good paying jobs as opposed to numerous other states, but the folks in Sacramento continue to push their progressive agenda relentlessly, which spells disaster for the middle class as well as the state's finances, which will disintegrate within twenty years as social welfare costs for seniors and other baby-boomers start exploding in the face of collapsing tax revenues given the exodus of the state of lots middle-class folks choosing to have and raise their kids elsewhere.
Actually you most assuredly CAN make high-quality products, sell them by the ton and make tons of $$$$$ in the process; just ask the 72% of Californians who purchased a new car last year from a foreign automaker, leaving the rest of the market for the Detroit Three, who managed to place one vehicle among the state's test best sellers (Ford F-150)
A state as hostile to new businesses and manufacturers as California cannot expect to have a robust and booming economy which attracts new residents and good paying jobs as opposed to numerous other states, but the folks in Sacramento continue to push their progressive agenda relentlessly, which spells disaster for the middle class as well as the state's finances, which will disintegrate within twenty years as social welfare costs for seniors and other baby-boomers start exploding in the face of collapsing tax revenues given the exodus of the state of lots middle-class folks choosing to have and raise their kids elsewhere.
I wouldn't disagree that politics is about 90% of the problem, but we have mentioned all problems to this point. Who has a solution?
Getting back to the core issue RVT, we should tax China? Then they come visit us with 1 billion soldiers and iphone modified laser beams (sorry that was silly and over the top, but catch my drift?) I think this is the solution, tax imports more and subsidize manufacturing. It's the only possible way I see us getting it done.
Not true. The Chinese make their products according to the specifications of their buyers, the US based companies selling the goods to you.
Ever visit China? Do so and take a look at the quality of the product they want to buy. They can and do produce very high quality products, we just don't want to pay for them, we want the least expensive and that is exactly what we get.
If you are buying cheap stuff and expect the highest quality, it isn't the producers of the goods that is the problem, it is the buyer who wants to pay the least possible.
In case you didn't know, many of the people in China working for global companies are paid the same as those in the country of the company's origin. While the sweat type factories still exist, they are making the product you are willing to pay for, the crap. There is an entire segment of their population that buys very high quality products and pays for them. In the garment industry for example, there are clothes made in China that when considering quality, you can't get here without paying through the nose yet they make then and they buy them. You want to pay Walmart prices and wear Gucci shoes. It doesn't work that way.
BTW "you" in this comment is generic, not personal.
Always blaming the other guy for your problems is the easy way out.
As for China, wait until the African nations start in. You think the Chinese are willing to work for low wages? The Chinese have over three times the population of the USA, we have been unable to do what they have done in a very short period of time. We gave away our manufacturing base, no one came here and took it from us.
When the African nations figure things out, and they will, it will start all over again. Then some will be talking about the Africans (or whatever country there is the name of the day) and saying how slave labor is responsible for our problems. Then what?
The gig is up, we allowed our politicians to put us in the bind we find ourselves. Blaming anyone else is shortsighted and very outdated. We can fool ourselves and thump our chests or get our own house in order, do what is best not the most expedient and solve the problem instead of living in lala land.
Nope, I have been to China, my wife is from China and all of her friends and family live back there- nobody in almost any job makes the same money as the parent company's employees back here in the US make- especially in manufacturing! Not even close. Sure most are not sweat shop places anymore where people earn $5 per day, there are minimum wage laws there now- but still since it's a developing country pay is still for the most part quite a bit lower across the board. An example is my wife's brother who works at a Toyota factory building Toyota cars. This is in one of the richest/higher paying cities- Guangzhou- and he earns about $800 USD per month. People doing that same exact thing at a Toyota factory even in a cheap state here in the US would be making more like $2200 per month (before taxes, of course) at the bare minimum.
Ask a company that manufacturers in China. Their labor costs have risen roughly 25% a year for a long time. I work with three different manufacturers that have reshored at least some of their manufacturing to the United States or Mexico. What's more, the trend will continue to worsen. China's working age population will lose somewhere around 200,000,000 between now and the middle of the century, whereas the U.S. working age population will increase by around 50,000,000.
But between now and then, slap a tariff on Chinese imported goods and I pretty much guarantee that there are a lot of American industries that would suffer. Heavy machinery. Airplanes. The list goes on and on. It would just be cutting off our noses to spite our faces.
The thing I don't understand is that China slaps huge tariffs on imported goods, including those from the US- making them very expensive, luxury-like goods over there. So if they do that to protect their own base, then why do we not do the same here on goods imported from China to even that playing field? If our goods are going to be a bit more expensive anyway due to our higher costs of production, the scale is already tipped in their favor, but then they go and slap another 50% or whatever tariff on those goods making it even worse- I am just surprised we have just decided to sit back and let that happen for all of these years!
California has been driving business out long time taxation and EPA nonsense had made manufacturing here impossible although they demand the same products that they do not allow being manufactured. Stupid.
What few companies that do not want to go off shore are going to texas and other states .
The billion dollar company I was working for has expanded out of the country and is closing manufacturing here because of the nonsense.
My brother is retiring form a company we built many years ago servicing air compressors all over southern California, and he has been observing business closing all the time due to California nonsense and they are not coming back. This country is NOT business friendly and the ACA is the clenched for many of them , not to mention the current administration it's self .
Working people are leaving for other states for work, and welfare folks are coming here for the free ride.
Taxes will rise further and there are fewer to pay them.
Another step toward socialism .
Nope, I have been to China, my wife is from China and all of her friends and family live back there- nobody in almost any job makes the same money as the parent company's employees back here in the US make- especially in manufacturing! Not even close. Sure most are not sweat shop places anymore where people earn $5 per day, there are minimum wage laws there now- but still since it's a developing country pay is still for the most part quite a bit lower across the board. An example is my wife's brother who works at a Toyota factory building Toyota cars. This is in one of the richest/higher paying cities- Guangzhou- and he earns about $800 USD per month. People doing that same exact thing at a Toyota factory even in a cheap state here in the US would be making more like $2200 per month (before taxes, of course) at the bare minimum.
Sorry your family isn't participating as many others are. I'm not grasping the information out of thin air and have as much exposure their their culture as do you.
Manufacturing jobs are cheap most places these days. Get into the professional fields and there are a lot of Chinese people making a boatload of money. They are getting wealthy.
Citing Japanese companies in China isn't the way to go. Try comparing to most companies from other countries like Germany, France, England and so on. They are paying very well.
People working at car manufacturing plants aren't known for making big money so citing the lower levels of the pay food chain isn't a true picture of what is going on. Who do you think is buying all the properties in California and elsewhere...for cash? They aren't paying with Chinese currency, they are paying with dollars. It isn't just some of them either, that money was flooding in and still does.
Comparing the professional worker to the manual labor worker presents an artificial picture of what people are earning.
Guangzhou is an industrial city, one of the special economic zones created there.
Instead, compare what the professional workers make in contrast to the manual labor, the difference is amazing. They are buying homes, own rentals and so on. Checked the prices of real estate in China? It isn't foreign investors buying those properties, it is the Chinese and it isn't cheap.
Sure there still exists the sweat shops, they are producing for those who want the lest expensive products. That is everywhere including the USA, take a trip to LA and you can find the same thing.
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