Quote:
Originally Posted by SeeBass
Besides lowering the US wage. What can North America do to narrow the gap? These people are doing the exact same job. Maybe that is the solution. Get Mexican wages up.
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You can make it uneconomical for companies to outsource, either through tariffs on imported goods or other punitive measures, but that comes with more bad than good for the general population IMO. Costs for everyone go up just to prop up a small number of manufacturing jobs.
And in some cases it won't even save the jobs, as the US isn't the only market in the world these companies are making products for. If a company gets a lot of its sales from outside the US then it probably makes more sense to just pay the tariff on your goods destined for the US and keep production costs low for what you sell in the rest of the world. In any case where that happens, Americans would get vastly higher priced goods with little to no increase in jobs.