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If we bring jobs back to the U.S., we will no longer be outsourcing our pollution production. The same jobs will produce less pollution in the U.S. than in Chin
by noworriesnate 6y ago
If we bring jobs back to the U.S., we will no longer be outsourcing our pollution production. The same jobs will produce less pollution in the U.S. than in China. Of course prices will go up for the goods being produced. So there is something we can do about China and India being major polluters.
- he0001 6y agoIsn’t this something that’s up to the companies that put their production there to decide?
- noworriesnate 6y agoNo, because companies that want to employ Americans can't compete with companies that want to employ Chinese, because it costs less to employ Chinese. In other words there are externalities (polluting the global environment) that aren't priced into the cost of labor when you're comparing the two countries. Tariffs and similar things can help price in that externality.
- he0001 6y agoTariffs have been good for China. In fact their economy is booming. Polluting your own soil is never a good thing and spills over on other aspects of society makes it more expensive.
- abyssin 6y agoPrices are low because we have lots of machines using cheap fossil energy working for us. If we have less machines working for us, we'll produce less goods, and we'll be less rich.