If the US enacted higher tariffs on imports, would manufacturing jobs return?
Companies would not cut themselves off from the US market and if it were cheaper for them to manufacture here than China, they would do it here. This seems like a much better solution to our outsourcing problem than repealing the minimum wage. Or is this even possible? Would short-sighted, ignorant fools compare the resulting higher prices at Wal-Mart to slavery or some other such nonsense and threaten revolution if this was seriously considered?
Asked By: - 8/1/2011
Best Answer - Chosen by Asker
I think there is a neocolonial aspect / politics that a lot of people discount. The idea that trading partners don't wage war, and that a middle class is bad for communism. So I don't think you could ever cleave the neocons from their missionary view that we are tamming the 3rd world with jobs and a middle class... More
Answered By: Dr. Zaius - 8/1/2011
Additional Answers (4)
Tariffs don't work Never have, never will.
Answered By: John D "Your ad here" - 8/1/2011
Nope,,,,The manufacturing jobs that left the USA, left because of high taxes, minimum wage laws, workers compensation costs, frivolous lawsuits, cap and trade, and BIG LABOR UNIONS... More
Answered By: Curtis 1911 - 8/1/2011
with globalization; not likely.
Answered By: Matthew D - 8/1/2011
No. The best way to get manufacturing jobs to come back is to drop the corporate tax to zero. That combined with the cost of shipping overseas would offset the cost of higher American wages. This would provide financial incentive for companies to build facilities in America.
Answered By: The libertarian high ground - 8/1/2011
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