What do you think of my solution to the trade imbalance and job outsourcing?
Walt asked:
Tax the companies within the United States who outsource jobs and import their products from foreign countries so that their goods would cost more than the goods of products made in America.
Tax the companies within the United States who outsource jobs and import their products from foreign countries so that their goods would cost more than the goods of products made in America.
I guess one problem with this would be that the countries that we import from will no longer want to take our exports, but I think that there would be enough business within America and with other countries that we don’t outsource jobs to that would make up for that.
Possibly Related Posts:
- Why with all the outsourcing, have I not noticed any major drops in prices?
- Where are those Economy Geniuses who advised ‘outsourcing’ manufacturing jobs to India & China?
- Why do Americans complain about outsourcing while still demanding cheaper goods and services?
- Have the Democrats stopped job outsourcing and free trade yet?
- How is outsourcing both manufacturing and service jobs good for Americans?
Could outsourcing backfire on foreign businesses and investors in countries like China, etc?
Charlie Bravo asked:
I fully understand the risk vs return principle—but how long can we continue to do business with government that could potentially turn “against” foreign investors? The closest example I have is with Cuba’s revolution and their nationalization of Texaco’s refineries after Fidel took total power. From a purely business standpoint, such companies like Texaco lost big from such a loss-how can we protect our investments in China–if China decides it’s in their best interest to nationalize American or English, etc owned properties and plants? Any ideas or thoughts would be appreciated. Thanks!
I fully understand the risk vs return principle—but how long can we continue to do business with government that could potentially turn “against” foreign investors? The closest example I have is with Cuba’s revolution and their nationalization of Texaco’s refineries after Fidel took total power. From a purely business standpoint, such companies like Texaco lost big from such a loss-how can we protect our investments in China–if China decides it’s in their best interest to nationalize American or English, etc owned properties and plants? Any ideas or thoughts would be appreciated. Thanks!
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What is the real story on the State department outsourcing passport services?
jesswzmn asked:
I heard as much as 70% of passport services workers are done by employees of companies that have contracts to do so. What I am wondering is …if all all those contractors are actually american citizens, or are they HB1 visa workers, or if even some of the work is being done in foreign countries. Anyone know???
I heard as much as 70% of passport services workers are done by employees of companies that have contracts to do so. What I am wondering is …if all all those contractors are actually american citizens, or are they HB1 visa workers, or if even some of the work is being done in foreign countries. Anyone know???
Possibly Related Posts:
- Why with all the outsourcing, have I not noticed any major drops in prices?
- Where are those Economy Geniuses who advised ‘outsourcing’ manufacturing jobs to India & China?
- Why do Americans complain about outsourcing while still demanding cheaper goods and services?
- Have the Democrats stopped job outsourcing and free trade yet?
- How is outsourcing both manufacturing and service jobs good for Americans?