"I would not have allowed this to happen without serious recrimination."
With all due respect to President Trump, he allowed that to happen quite a lot during his Presidency. To be fair, there's not a whole lot he alone could have done about it.
I think the only way to stop businesses from going overseas is to fix the tax laws involved with domestic/import production. I don't like the idea of the government sticking its nose into how individual companies are run anymore than they already do.
It's simple. Countries are going overseas because it is cheaper, even when you factor in the transportation costs.
So there are two ways to fix it:
Address what is making it more expensive to produce domestically. Labor and climate regulations in particular.
or
Have sanctions and tariffs against any country without comparable regulations in order to actually level (or give a slight advantage to domestic production) the playing field.
"I would not have allowed this to happen without serious recrimination."
With all due respect to President Trump, he allowed that to happen quite a lot during his Presidency. To be fair, there's not a whole lot he alone could have done about it.
I think the only way to stop businesses from going overseas is to fix the tax laws involved with domestic/import production. I don't like the idea of the government sticking its nose into how individual companies are run anymore than they already do.
It's simple. Countries are going overseas because it is cheaper, even when you factor in the transportation costs.
So there are two ways to fix it:
or