4 ms·

If this happens, which I doubt, I think it's just going to ensure that companies hire overseas instead.

toomuchtodo 4y ago
Cross border labor tariffs can be used to blunt the benefit of offshoring to overseas labor markets with lesser regulations, in similar fashion to what the EU is doing with carbon tariffs [1]. Internalize the externalities. Regulation is an iterative process. [1] https://taxation-customs.ec.europa.eu/green-taxation-0/carbon-border-adjustment-mechanism_en https://taxation-customs.ec.europa.eu/green-taxation-0/carbo...
- YetAnotherNick 4y ago
  How will that even work with multinational companies?
  - toomuchtodo 4y ago
    It's a good question and I am not a domain expert; I will bring it up with legislators the next time I speak with those I speak with to inquire as to what a reasonable statute implementation would look like when tied to a reduction in the work week via amending the FLSA [1]. Some flexibility for multinationals is warranted (as there are intangibles besides profit for international investment), but not "ship all work to where it's done with the cheapest labor while being permitted to extract as much as you can from the market you operate in." [1] https://www.dol.gov/agencies/whd/flsa https://www.dol.gov/agencies/whd/flsa
- DoesntMatter22 4y ago
  "We added a rule, to stop you from avoiding our other rule." Either way a 32 hour work week isn't gonna happen in the US. So many highly paid people are losing their jobs and are getting desperate to the point that 48 hours a week is sounding good.
uni_rule 4y ago
That threat holds zero weight as anything that could be so flippantly and easily offshored to save money and avoid regulation likely already has been. What's left must instead be jobs that don't exactly translate well to offshoring. This would have much broader implications in the modern service economy where the jobs can't exactly be moved elsewhere easily.

Cross border labor tariffs can be used to blunt the benefit of offshoring to overseas labor markets with lesser regulations, in similar fashion to what the EU is doing with carbon tariffs [1]. Internalize the externalities. Regulation is an iterative process. [1] https://taxation-customs.ec.europa.eu/green-taxation-0/carbon-border-adjustment-mechanism_en https://taxation-customs.ec.europa.eu/green-taxation-0/carbo...

YetAnotherNick 4y ago
How will that even work with multinational companies?
- toomuchtodo 4y ago
  It's a good question and I am not a domain expert; I will bring it up with legislators the next time I speak with those I speak with to inquire as to what a reasonable statute implementation would look like when tied to a reduction in the work week via amending the FLSA [1]. Some flexibility for multinationals is warranted (as there are intangibles besides profit for international investment), but not "ship all work to where it's done with the cheapest labor while being permitted to extract as much as you can from the market you operate in." [1] https://www.dol.gov/agencies/whd/flsa https://www.dol.gov/agencies/whd/flsa
DoesntMatter22 4y ago
"We added a rule, to stop you from avoiding our other rule." Either way a 32 hour work week isn't gonna happen in the US. So many highly paid people are losing their jobs and are getting desperate to the point that 48 hours a week is sounding good.

uni_rule 4y ago

That threat holds zero weight as anything that could be so flippantly and easily offshored to save money and avoid regulation likely already has been. What's left must instead be jobs that don't exactly translate well to offshoring. This would have much broader implications in the modern service economy where the jobs can't exactly be moved elsewhere easily.