How can the government limit big corporations from outsourcing manufacturing jobs?
Big businesses have moved to China after production costs here have risen after workers received better rights. In China, companies like Nike are making millions on the backs of abused workers. The Chinese government isn't really an issue there since they want to attract as many foreign companies as possible. How can the US government stop american companies from setting up production in foreign countries? What powers does the government have over corporations in general?
Asked By: Wings - 11/28/2010
Best Answer - Chosen by Asker
The US Companies will just go bankrupt. They wont be able to compete on a global market and foreign companies will produce the same exact products in China and sell them in the USA for a cheaper price. So you would essentially have to cut off all trade with china which would bankrupt the USA over night... More
Answered By: DorkVader - 11/28/2010
Additional Answers (13)
By reducing the cost of doing business in the United States. As it stands now there are way to many licenses, codes, regulations, taxes and rules that drive up the costs of doing business in the states.
Answered By: sound_of_the_silenced3 - 11/28/2010
The corporations are the government. Or as near as makes no difference.
Answered By: sarah - 11/28/2010
Answered By: Stephen - 11/28/2010
According to Donald Trump the answer is tariffs and import duties. Obama - why the wait?
Answered By: PoBoy - 11/28/2010
It's only a matter of time before Chinese workers demand rights too. And how is Yum Brands, owners of KFC, going to like it when the Chinese boot them out of China in retaliation for US tarriffs? Think Yum will happily give up billions in income?
Answered By: Sadcat - 11/28/2010
The government really can't. It's an issue.
Answered By: Elliot - 11/28/2010
I think the only control the goverment has over anything is by taxing it. If they tax them high enough that outsourcing to foreign countries prove to not be money saving anymore then i believe they would stop.
Answered By: Ty - 11/28/2010
By imposing import tariffs when they bring the finished products back into the country that will make it cheaper to make products here. Its not like they're passing the savings on to us. They're just paying 1/10 the labor cost and putting the rest into their collective pockets.
Answered By: Poe - 11/28/2010
If you do some intense research, you'll discover that most companies that "outsource", aren't selling those products here in the U.S., they're marketing those products to the countries that they're outsourcing in. It's a global world, whether we like it or not. The only way to remain competitive is to outsource... More
Answered By: suthrnlyts™ - 11/28/2010
You can use the Irish method of reducing taxes very low and not making companies pay for healthcare and have the government spend money on education all paid for with taxes on individuals. Or you can use the German method. It will take me a long time to explain that one but it works and has created the 4th largest... More
Answered By: FOOD FIGHT! - 11/28/2010
The government punishes the corporations with taxes and onerous regulations for producing in this country. Other countries tax less and have less silly laws. Unions are also less powerful, making the cost of labor less... More
Answered By: dubby - 11/28/2010
I think most Chinese that work in these factories are thankful to have a job rather than seeing themselves as being abused... More
Answered By: Steve - 11/28/2010
tax incentives for employing Americans
Answered By: Ancient Thinker - 11/28/2010
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