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Clinton has a very detailed plan. Well more so than Trump.
Most of this plan boils down to tax dollars slushed to create short term jobs. I also see tax credits thrown in. Tax credits to bring back the corporations we've let go? Race to the bottom. I don't see how that affects trade unless finger wags and dog barks will convince them.
I have heard Clinton and Sanders say they plan to...
1) Increase regulations (increasing expenses)
2) Increase the minimum wage (increasing expenses)
3) Increase the corporate tax rate (increasing expenses)
So wouldn't these things only increase the desire to outsource jobs overseas and automate more positions in this country?
The reason they are outsourcing is because of costly and burdensome regulations, costly payrolls and high taxes, so common sense tells me that doubling down on these things would only propel outsourcing and automation.
Trump is the only candidate who I have heard address this issue. Whether you agree with him or not, he has at least given an actual answer to how he would combat companies outsourcing jobs overseas. He has been saying from the very beginning that he would change our trade deals and essentially punish every American company who outsources jobs overseas with a high tariff on every product brought back into the country.
Punishing companies would increase their desire the leave the United States altogether.
Punishing countries is a violation of the World Trade Organization's rules, and would result in their taxing our exports, or even banning our exports.
I have heard Clinton and Sanders say they plan to...
1) Increase regulations (increasing expenses)
2) Increase the minimum wage (increasing expenses)
3) Increase the corporate tax rate (increasing expenses)
So wouldn't these things only increase the desire to outsource jobs overseas and automate more positions in this country?
The reason they are outsourcing is because of costly and burdensome regulations, costly payrolls and high taxes, so common sense tells me that doubling down on these things would only propel outsourcing and automation.
Trump is the only candidate who I have heard address this issue. Whether you agree with him or not, he has at least given an actual answer to how he would combat companies outsourcing jobs overseas. He has been saying from the very beginning that he would change our trade deals and essentially punish every American company who outsources jobs overseas with a high tariff on every product brought back into the country.
Come on.... You are smarter a person to believe the the reasons for outsourcing are as simple as the bolded. We are still a major manufacturer and exporter.
If there's one common theme among all these posts, is that people put way too much faith into politicians. The only solution is to adapt or fall to the wayside. Waiting for government to provide the solution, might as well plan your retirement around winning the Powerball.
I have heard Clinton and Sanders say they plan to...
1) Increase regulations (increasing expenses)
2) Increase the minimum wage (increasing expenses)
3) Increase the corporate tax rate (increasing expenses)
So wouldn't these things only increase the desire to outsource jobs overseas and automate more positions in this country?
The reason they are outsourcing is because of costly and burdensome regulations, costly payrolls and high taxes, so common sense tells me that doubling down on these things would only propel outsourcing and automation.
Trump is the only candidate who I have heard address this issue. Whether you agree with him or not, he has at least given an actual answer to how he would combat companies outsourcing jobs overseas. He has been saying from the very beginning that he would change our trade deals and essentially punish every American company who outsources jobs overseas with a high tariff on every product brought back into the country.
She wouldn't, and neither would Trump. You are living in some sort of a fantasy if you think he will be able to reverse globalization. Tariffs can backfire spectacularly, just like picking a war with Mexico. He just talked a lot of stuff for the gullible with no regard as to whether or not it is feasible (he doesn't have to worry about that part).
I'm still waiting for an answer, I'm not arguing that Trump's idea would be good economically, I'm just saying at least he has proposed something to address the very issue of outsourcing.
What will Clinton do because the points above do nothing to attract or force companies to stay?
He's proposed something that he has absolutely NO AUTHORITY to do. What good is that proposal?
Socialists like Hillary/ Obama/ Bernie only know how to give money away, they know nothing about the business world.
I take that back, Hillary knows how to collect huge speaking fees from Wall Street types who want to buy influence.
Well said.
Quote:
Originally Posted by ambient
She wouldn't, and neither would Trump. You are living in some sort of a fantasy if you think he will be able to reverse globalization. Tariffs can backfire spectacularly, just like picking a war with Mexico.
Oh, yeah.
A war with Mexico would surely be the end of the United States.
Quote:
Originally Posted by hooligan
He's proposed something that he has absolutely NO AUTHORITY to do. What good is that proposal?
He would be in charge of the executive branch and could do plenty.
Just ask Obama.
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