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I downvoted you, but I shouldn't have, I should have just responded with why I disagree. So I apologize for that. Here's my thoughts: > I'd be willing to suppo
by lionhearted 17y ago
I downvoted you, but I shouldn't have, I should have just responded with why I disagree. So I apologize for that. Here's my thoughts:
> I'd be willing to support legislation such as that proposed, if it included dis-incentives (i.e. significant tariffs and fees) for companies who outsource.
In the modern economy, setting tariffs is akin to declaring trade warfare. A few years ago, then-President Bush was advocating a tariff on steel to protect U.S. businesses, and the EU responded that they'd counteract with a broad set of tariffs on American exports. The plan fell through.
The only countries you can get away with placing tariffs on are countries you hurt tremendously by doing so. Things like the tariff on sugar which really hurts Caribbean countries while making American High Fructose Corn Syrup the #1 alternative. The Chinese and Indian markets are already and will continue to become more important to American companies. It might even be impossible to place a tariff/tax/penalty on companies who outsource due to Most Favored Nation terms in treaties, but even if it was - you really don't want to mess around with two countries that have a combined population over 2 billion, who are growing rapidly, and who are very important to the USA. Never mind the economics of how it'd change prices - setting a tariff creates a nasty domino effect of hostility in international relations and isn't really feasible in the modern world. So, count me firmly against that idea, but I do apologize for downvoting you. You expressed an idea you had that I disagree with, and I should've responded without voting.