Some "reporter" didn't ask the question.
On Friday’s broadcast of NewsNation’s “On Balance,” Sen. Chris Coons (D-DE) stated that large tariffs won’t bring back steel or auto plants to his state “in less than five or ten years. And the costs of competing, of manufacturing here in the United States are still too high.”...
OK, Senator.
WHY are 'the costs of manufacturing in the US too high'?
Taxes? FLSA? EPA? EEOC? OSHA? ERISA? Green Mandates? Living wage? Health insurance?
Which ones should be eliminated or seriously pruned back?
Which Third World country should the US imitate?
3 comments:
You can have reasonable pollution controls and worker safety regulations. what we have now strives to be perfect and the compliance costs are way above the cost/benefit curve.
Raw milk?
Local cider?
Local beer?
Local bakeries that mill their own wheat?
More than two local abattoirs?
Per county?
Some of the regs are destructive. Some of the laws are destructive. FAIR trade takes into consideration the costs of doing business in the US vs. (say) Red China, and adjusts tariffs accordingly. The point is to rebuild the US economy for someone other than the Financiers and service providers. You know: 80% of the population.
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