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Total strawman argument. Nobody is suggesting bringing back turn-of-the-century industries. When people talk of keeping jobs, they are talking about high tech m
by ConfuciusSay02 10y ago
Total strawman argument. Nobody is suggesting bringing back turn-of-the-century industries. When people talk of keeping jobs, they are talking about high tech manufacturing jobs.
When a company is deciding where to build it's next manufacturing factory, something many companies are doing, why not have policies in place that incent the company to build it domestically? This type of policy is prevalent in virtually every country across the globe (especially in China).
The argument that "some jobs are being automated, therefore we should make no effort to keep the jobs that are not being automated" is a ridiculous and nonsensical argument.
Furthermore, every manufacturing job (whether high tech or low skilled) adds all kinds of downstream benefits to the economy that add up to much more than just one job.
And finally, the author demonstrates a complete ignorance of the criticisms of the H1B program and cherry picks the highest salaried H1B workers in order to hold them up as some kind of example as to why there should be no reform, I guess?
Sure, we should be better training people to match the realities of the modern labor market, but that's the only point that makes sense - and it's an obvious one.
Oh, and by the way, those Apple profits? None of them actually go back to the U.S., they sit in foreign, tax exempt, bank accounts.
- chillacy 10y ago> for every dollar you spend on an iPhone, about two pennies go to the factories in China that assembled it. The vast majority of that revenue comes right back to the United States If you're in the US and you buy an iPhone, the money does not sit in a foreign "tax-exempt" bank account.
- kenning 10y ago> Nobody is suggesting bringing back turn-of-the-century industries. Am I misinformed or was this the major talking point for Trump in several states?
- ryanx435 10y agoits a mix of both, although he has never said "turn-of-the-century industries" and that looks to be a bit of bias on OP's part. here is his speech specifically about jobs from his campaign [1]. long story short, he wants to focus on reducing taxes, reducing regulations, energy reform, and renegotiating trade deals. So its a bit more nuanced than what you probably think his positions are. [1] https://www.donaldjtrump.com/press-releases/trump-delivers-speech-on-jobs-at-new-york-economic-club https://www.donaldjtrump.com/press-releases/trump-delivers-s...
- tasty_freeze 10y ago> We’re going to put our great miners and steel workers back to work.
- pg314 10y ago> Oh, and by the way, those Apple profits? None of them actually go back to the U.S., they sit in foreign, tax exempt, bank accounts. Those profits will come back during the next tax holiday. In the mean time Apple is borrowing and distributing to shareholders an amount that partly offsets those profits.