"Earl Evleth" <> wrote in message
news:BC24B1D3.21F65%...
> Which was not what I brought up! I was commenting on the process
> of American Capitalists closing factories and rushing off to foreign
> countries to enjoy their cheap labor rates and THEN having the gaul
> to sell the items formerly made in the USA by Americans to Americans.
> This lacks loyalty to their fellow Americans. Profit for profit¹s sake.
Unless the US erects trade barriers against low-price imports, the cost of
manufacturing certain products in the USA would mean they couldn't be sold.
And the international community would retaliate against US trade barriers.
It's a catch-22 situation.
Either (1) refuse to manufacture overseas and go bankrupt, or (2) export the
jobs overseas.
Other countries have tried various non-tariff barriers to protect local
manufacture.
The French had a different approach to protecting their VCR manufacturers.
All VCR imports had to be inspected at a central depot. There was only one
inspector! Eventually they were forced to drop the non-tariff barrier.
Years ago the Australians forbade the import of consumer electrical goods
with non-Australian power cords. Safety, you know. Thus Australian companies
got to make some of the profit by attaching power cords.
Even back when VCRs were new, lots were imported from the far east. Some of
the importers showed a substantial markup from the price they paid to the
selling price - and paid US taxes on this markup. Other importers "had" to
pay such high prices to their foreign parent companies that they made no
profit in the USA and paid no USA taxes.
And then there are the "US" companies' tax-evasion by setting up dummy
corporations overseas to avoid US taxes.