Comment Trans Pacific Partnership (Score 1) 216
The reason no factories in the US is simple. CEOs want more money, so they outsource to slave labor then petition Congress to get rid if tarrifs.
Like when Bush 'protected the American steel worker' by putting a tarrif on imported steel so America could compete. The CEOs of the steel industry's profit margin was protected, but the companies that consumed the steel, including a lot of telecomm, simply moved to another country. Jobs everywhere were lost in the ripple effect.
Taxes/Tariffs on rare, dangerous, or polluting substances is fine, but tarrifs on all the JUNK coming in from China should be mandatory. Its not poorly engineered ... it lasts 1 day after warranty expires and that's it ... perfect for company profits. Why is it that a brand new product won't last 13 months, but the shit you bought 13 years ago still works fine?
But thanks to the new TPP, we'll never see tariffs on the crap made by slave labor and our middle class will disappear until we're all corporate slaves!