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The question is though, is it smarter to use some form of tariffs to create more American jobs, lower the minimum wage, or as a third option accept that Asia ca
by robryan 16y ago
The question is though, is it smarter to use some form of tariffs to create more American jobs, lower the minimum wage, or as a third option accept that Asia can do manufacturing cheaper than anyone else and people will be unemployed, but tax the American companies benefiting most from the outsourcing and redistribute the wealth to the unemployed.
Maybe at this point in time you have to accept a high unemployment rate, the problem you have to be careful with I guess is you still want to provide incentive to the people currently in minimum wage positions.