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View Diary: Why $17 an Hour Should be the Minimum Wage (95 comments)

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  •  That seems a disingenuous question (1+ / 0-)
    Recommended by:
    NoMoreLies

    if you're going to throw "globalism" in there. The only thing globalism has to do with our current predicament is the size of the one percent and where their money is.

    That being said, it would seem that our laws could have stopped permitting the gross outsourcing of labor to the point where gainful employment for tens of millions were shipped overseas.

    Just one example, I'm sure there are more...

    It is time to #Occupy Media.

    by lunachickie on Mon Apr 01, 2013 at 11:04:12 AM PDT

    [ Parent ]

    •  I can't imagine how a law passed in the United (1+ / 0-)
      Recommended by:
      erush1345
      That being said, it would seem that our laws could have stopped permitting the gross outsourcing of labor to the point where gainful employment for tens of millions were shipped overseas.
      States could prevent a company that does business in a number of countries from locating a plant or some other facility in another country where it does business.  How do you pass a law mandating that Royal Dutch Shell cannot located a refinery in any country other than the United States?  How do you pass a law mandating that Honda can't build cars in Japan?  The United States can't pass laws affecting what happens in other countries.  

      The fact is that because of better transportation, better shipping, and better technology, many companies operate in many, many different countries.  Unless you want to eliminate all trade with other countries, and eliminate any entity that does business in other countries from doing business here, I don't know how you do that.  Certainly, you can increase the financial incentive for companies to locate things here.  

      •  Start with the tax code n/t (2+ / 0-)
        Recommended by:
        NoMoreLies, ilex

        It is time to #Occupy Media.

        by lunachickie on Mon Apr 01, 2013 at 12:31:45 PM PDT

        [ Parent ]

        •  How do you propose to do that? (0+ / 0-)

          Generally, reforming the tax code so as to make it more attractive to move jobs -- and money --  back to the United States would mean a tax break here, or maybe moving to a territorial tax system instead of the ridiculous one we have.  See, for example, here or here.  That's a tax incentive for business -- likely to be seen as a "tax break" by the left, see here -- and thus problematic for Democrats, I think.

          Although it's complex, the bottom line is that you really can't tax what international companies have overseas, or the business they do overseas, so you can't say, "If you do business overseas, I'll tax you MORE" as a disincentive.

          How do you think we can "start with the tax code" so as to make it more financially advantageous for companies to move investments and jobs to the U.S.? Are you advocating for something like I've linked to above?

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