Republicans, how do we get our industrial might back?

Question

I don`t blame Bush or Obama for our industrial might being given away, it started way before them. Republican Reagan lowered tariff protections back when Wal-mart had their made in the USA slogan and we were told that we would be able to afford more stuff but our wage rate has dropped and we can`t afford more stuff unless you use credit which does help us be more restrained and less mobile around the world. Clinton did not help with WTO and NAFTA but the main move was the tariffs.

Answer 1

First, there are a lot of factory workers who do not want their kids to follow their footsteps. This is one reason for the cutting our industrial might. Also, there are several government laws and regulations here that make it cheaper to move out of the United States.



The first thing to do is to not pass cap and trade in the Senate.



DTG

Answer 2

Cut States and Federal Taxes on business. Get out there and create new industry. build more goods with lower costs than competing nations. and it may help if the goods last longer than a year. just because you worked in a factory all your life does not mean you cant go to college or start your own business. Do Not look to the government for answers. Lets get back out there and show the world what American Ingenuity can do.

Answer 3

Factor price equalization of labor inputs and globalized production are driving the changes.



US owners can source labor elsewhere and often do so American wages will fall and foreign wages will rise. Businesses need to do this to remain competitive. I will probably need to do it in my own company, just to survive the recession and return to profitability.



Protectionism is the wrong answer as it triggers retaliation and trade wars resulting in lower global growth and living standards.



I think American corporations are now global corporations, industrial or otherwise, and many are doing just fine. Economics is no longer a national game. Americans in the labor force will have to adjust to the new reality like everybody else, like it or not.

Answer 4

Things like steel and such would be hard since the unions ran wages and benefits so high we could not compete with the third world suppliers. If we can decide on a sensible wage system and such, maybe we could get companies going again here. But like many in the auto field, I am sorry, screwing in a few screws doesn't rate 80 bucks plus an hour.

Answer 5

The only thing the US has left is buying power. And this is going wayward pretty quickly.





Incidentally, we can use our buying power to leverage us back some industrial strength. This needs to be done using tariffs based on standard of living and wages in other nation's like China. In effect, it would be like sacrificing some of our buying power, giving China some more to gain industrial strength. This would also serve to help balance the trade deficit.

Answer 6

The rate of growth of an economy is inversely proportional to the rate of growth of the government. This has been true for all time, and is true all over the world.

You should not expect the government to improve the situation at all with the way they are expanding in size and scope. The American Empire is already dead- we just haven't realized it yet.

Answer 7

Learn to live like India or China or any other third world s**thole.

The new American Dream, One roof over your head, one meal a day, one child goes to school.



America is in decline, like Rome, like Athens.



Listen to the leaders, YOU must compete with the globe, YOU must work harder, smarter, faster.

THEY need deregulation of Unions, Banking, Health and Safety because they create the jobs.



Welcome to the New America

Answer 8

Billy was a pus.. hound that's all he cared about and his taste in women is terrible.all we have to do is drop the taxes on corps. start an import tax on all foreign goods. stop loving the felons and illegal lower life forms that sneak into this country

Answer 9

Well for a starter disband labor unions. In this day and age of OSHA, ACLU, Labor Laws, etc what is a union really good for? Aside from striking and taking dues from the pockets of the members, and putting it in the pockets of seedy union leaders?

Answer 10

Get anybody (Democrats) and everything (Liberal Policies) out of the way and let the free market (Capitalism) run it's course. Then and only then will be get our industrial might back.

Answer 11

Easy... Support true capitalism, and abandon the Republican party. Join forces and vote Libertarian

Answer 12

Rig a Delorean with a flux capacitor, get it up to 88 mph and go back in time.

Answer 13

You withdrawl from NAFTA.



You cut capital gains taxes.



You issue strong protectionism types of economic policies.

Answer 14

Give massive tax breaks to the US companies.

Answer 15

Raise import taxes on companies that have left US and are selling back to us .