Thread: Why Doesn't The US Regulate Which Companies Can Send Jobs Overseas?

Originally Posted by jhffmn

So what happens when the American company decides to base itself elsewhere? Pass a law preventing them from leaving? What happens when you have an American company get purchased by a foreign company? Do you prevent that then too to prevent a company from evading that law as well?

Just as American companies have production overseas, foreign companies produce products here. It's easy for an American company to just become a foreign company.

Not only would such a law be wrong, it would be easy to evade. It would also drive tax revenue out of the country.

Maybe you should start respecting the rights of others instead of trying to force people to do what you want.

Well they will lose access to all of their republican cronies backing and they will be replaced by forign companies who would be more than happy to come to america and give american workers jobs......I'm sure the people who lost their jobs because of companies like GM and Walmart getting al of their goods from China would not have any problem with it.

Originally Posted by Daggdag

Well they will lose access to all of their republican cronies backing and they will be replaced by forign companies who would be more than happy to come to america and give american workers jobs......I'm sure the people who lost their jobs because of companies like GM and Walmart getting al of their goods from China would not have any problem with it.

Republican cronies? GM? What?

Don't look now but the democrats have become the party of crony capitalism. Maybe if there wasn't so much crony capitalism and pay to play out of DC we wouldn't have so many jobs going overseas.

Or maybe we should just raise corporate taxes and pass more regulation and when jobs go overseas we just pass another law preventing them. That sounds brilliant!

Originally Posted by jhffmn

Republican cronies? GM? What?

Don't look now but the democrats have become the party of crony capitalism. Maybe if there wasn't so much crony capitalism and pay to play out of DC we wouldn't have so many jobs going overseas.

Or maybe we should just raise corporate taxes and pass more regulation and when jobs go overseas we just pass another law preventing them. That sounds brilliant!

Companies sent jobs overseas for the past 15 years...it got worse under Bush because of his "Let the holy corporate masters do what they want" policy...

and now the unemployement rate is over 10%... It's all the fault of the manufactureing companies who sent the entire manufacturing sector of the American economy to china....

In fact, it is rare to find a manufacturing company that is big enough to be considered "Big Business" that is owned and operated in america...

Hell evenwalmart, which their "American Made" slogan that they always pulled out of their asses produces all of their "Great Value" and Sam's Choice products outside the US.

They have the gull to call themselves a patriotic companies when they don't love the american people enough to keep the jobs here.

Originally Posted by Daggdag

They have the gull to call themselves a patriotic companies when they don't love the american people enough to keep the jobs here.

Well there is the problem. Apparently you think a job is created when a company loves a person very very much.

Originally Posted by jhffmn

Well there is the problem. Apparently you think a job is created when a company loves a person very very much.

An american company that does not keep it's jobs in america should not be allowed tobenefit from being in america....We need to either allow forign companies to come and set up shop or make ie possible for small businesses to grow and prosper, which is something that republicans fight against, since they work only for big corporations.

Originally Posted by Daggdag

An american company that does not keep it's jobs in america should not be allowed tobenefit from being in america....We need to either allow forign companies to come and set up shop or make ie possible for small businesses to grow and prosper, which is something that republicans fight against, since they work only for big corporations.

Well, that wouldn't be fair to the corporations and CEO's though.

Originally Posted by RtWngaFraud

Well, that wouldn't be fair to the corporations and CEO's though.

So what? If they CHOOSE to send american jobs overseas for the sake of higher profit, then they should be prepared to choose the trust of the american people and loose their place at the top of the corporate ladder. There are plenty of smaller companies would could replace GM and Walmart as the leading companies.

Originally Posted by gregdavidson

This laissez-faire attitude that conservatives have about "less government" is the reason why this country is slowly going down the hole.

This shallow way of thinking is the reason why entire factories are literally going overseas EVERYDAY and NOBODY is stopping it from happening!

Many Democrats have mentioned that this is one of our biggest economic problems, but the Republicans don't seem to mind. Their rich buddies are loving it so why bother?

Okay, this is an opinion that I'm sure would be shared by Rachel Maddow and that obnoxious Ed guy but it's not valid. The cost of labor has been driven up by unions who have abused their power so severely, they have contributed as much to sending jobs overseas as any executive.

Let me explain what my point is:

When somebody wants to immigrate to the United States, they have to fill out an application, pay a fee and wait for their visa to be approved. From what I understand, it takes a very long time before an immigrants is permitted to come here.

One of the reasons why is for security reasons. But another reason, I believe, is to control how much money is going out of this country.

When somebody immigrates to this country in modern times, they usually intend on working here and sending a lot of that money back to where they came from.

This is WHY so many immigrants have to wait a long time before they're allowed to come here. But just imagine what would happen if the waiting time was much shorter. Or what if there was no waiting time? You just fill out an application and POOF, you can work here!

We would have millions of people coming into this country each month with the sole intent of working to send that money back overseas! That would be a recipe for economic disaster!

Actually, most legal immigrants don't send all their money back home. I would give that there is a large number but definitely not the majority. Hell, many of them come here and become millionaires. I know several who have done exactly that and give them all the credit in the world for it.

Allowing companies to send all their jobs overseas is like letting ANYONE and EVERYONE to come into this country to work with no oversight. There's a lot more taking than giving! I believe that's called a TRADE DEFICIT.

What I don't get is why the government won't regulate the entire process of sending jobs overseas. They should require large corporations to get PERMISSION before they send a factory or even their customer support overseas.

That's Big Government in the worst way and would hurt our American companies. What if an American law firm gets an opportunity to open an office in Hong Kong doing international M&A because of a client they just stole from the locals. But now they can't do it until they go through all the bs and red-tape? No thanks.

The government should also fine these companies and make them ineligible for certain tax cuts. If we do that, we might be able to get this economy back on track!

This is about the only thing in your post which I find valid - sort of. There used to be very unfavorable tax codes for exporting white-collar jobs and opening offices overseas. That was changed in 2002 and companies actually enjoy full and advantageous write-offs for shipping jobs overseas now. If you recall, it was about ten years ago that you started hearing Raja on the other end of the phone at tech support.
I think that should be reversed. There is no reason to reward companies for screwing Americans.

Don't get me wrong here. I'm not COMPLETELY against jobs going overseas. I just think it's gotten out of control. Most of you would agree with me on this one.

We have an enormous TRADE deficit that's slowly sending this country down the drain. I think it's sad that this country has to rely on stimulus in order to maintain itself.

Large Corporations are the enemy! And the Republicans are the enemy as well because they support what these corporations are doing!

Um, this is whackjob bullsh1t. Democrats are every bit as much owned by Big Corp America as Republicans. They just market themselves differently.

Most large corporations are driven by WEALTHY investors that only care about making money. Maybe they should read a book on business ethics because what they're doing is unethical!

The duty of corporations and wealthy people should be to MAINTAIN the economic environment that has made them rich in the first place!

But instead, they'd rather ruin the economy by sending jobs overseas because it's more profitable for them.

They're not satisfied with a GOOD profit. They want the MAXIMUM profit which they're willing to acquire by ANY legal means − even if it means that millions of people are going to be out of work.

More propaganda. America has a weird dynamic called the Quarterly Report. If investors aren't happy with the profits a company is making, they'll start to turn on the executives. They'll vote for a change in management etc... Guess who voted for a change in management a LOT in the 70's, late 80's and early 90's? All the members of the Auto Unions! (other shareholders too)
So management started closing plants and shipping the jobs overseas. Guess what happened? Profits went up and the execs saved their jobs - because they listened to the stupid ass workers (among others) who were b1tching about the stock in their pension plans not increasing.

And most top executives don't seem to mind either. Why should they?

And if they don't listen to what investors want, then they'll probably end up losing their job!

Here is something about which you are actually correct.
And you wouldn't want that to happen, would you?

And I'm sure they're loving their huge bloated salaries, killer bonuses and outrageous dividends that they DON'T NEED. In my opinion, if you're worth over $10 million dollar you're RICH ENOUGH.

What about those that are struggling? What about those that still haven't made it yet?

THEY DON"T CARE.

And EVERYONE who supports the Republican party doesn't care either! Stop blaming the Democrats. You're ruining your own country.

Again, it's not just Democrats who are owned by the Fortune 500 etc... If you want to find someone who is owned by a Big Corporation, look at a US Politician - of either party.

Why? BECAUSE WE'RE NOT COMMUNISTS

Because we aren't fascists?

Privately owned businesses can do as they please. We run on a free market, if outlooks are better for business in china then that's where the business goes.

Perhaps you should be thinking up ways to make it easier and more affordable to run a business in the US.