We need to divest our manufacturing from China.
Perhaps by exposing such practices and nagging hypocrytical companies we can make divestment happen sooner?
Twitter mobs could be used for good once.
We need to divest our manufacturing from China.
Perhaps by exposing such practices and nagging hypocrytical companies we can make divestment happen sooner?
Twitter mobs could be used for good once.
But you need your iPhone 13 Max (I know, Apple, not Intel) to virtue signal on Twitter though. It's much easier to just complain about Western colonialism or something.
Make a policy like,
"""
Companies that onshore will pay the following taxes
for the next 25 years if they follow our onshoring
program:
company profits: 0% tax rate
CEO capital gains: 1% tax rate
shareholder capital gains: 2% tax rate
Also, companies can transfer international profits
back to the US at a rate of up to $10B a year with
no taxation.
"""
First make it apply to 10% or some low critical threshold of products, but then ramp it up annually. Over ten years, the percentage should be closer to 50% for companies to remain in compliance and to receive the tax advantaged status.Don't punish China and make them angry. Reward US manufacturing activities handsomely.
Call your legislators and ask for this. They'll be into the tax thing.
An interesting side effect: companies that manufacture in the US will be worth significantly more. They can use their valuation to make continued investments: loans, acquisitions, hiring, etc.
Perhaps a new trade agreement could be made amongst key trading partners? China would probably get mad, but if China is able to keep foreign firms out or put them at a disadvantage, then we should be able to provide benefits to our own domestic firms.
There need to be motivations for companies to do more on our own soil.
Not gonna happen until you get rid of consumerism. People want to buy cheap shit, it gives their lives meaning.
You need to play by chinese rules or they close their market to you.
Big corporations are now addicted to this opium and cant simply go back to not selling to chinese markets.
I would like to see recognition from American shareholders that not only is expanding to China bad for the product but it also undermines our cultural values vis a vis problematic manufacturing.
There is Vietnam, Africa etc.
We can still have our IoT toasters, just manufactures elsewhere.
I parse it as: "We need war with China".
Because soldiers don't cross borders goods cross.
Perhaps it was the exception that proves the rule.
It was a cute phrase but I see how it might lead to missunderstandings. Thanks for pointing that out. As for whether that more elaborate position applies to the Russian-Ukranian situation. Yes it does
The Russians have not declared war on Ukraine. They are engaging in a purely illegal invasion. Ukraine has not declared war on Russia and has not attempt any occupation of Russian territory.
You would need the Wall St, corporate globalists, and their backers on board with that, which is impossible given that they own all of the dominant American politicians and institutions