Home > Cande = Conjecture & Exaggeration, Fande = Fact & Evidence, The Economy > Problem: U.S. Consumers paying their money to ship jobs to China; Solution: Tax Credits for bringing manufacturing jobs back to the U.S.A.

Problem: U.S. Consumers paying their money to ship jobs to China; Solution: Tax Credits for bringing manufacturing jobs back to the U.S.A.

The iPhone is made in China. So is the iPod, the iPad, and your “iLife.” Prices are relatively cheap for the end products because Chinese labor is so cheap. China also uses a majority of coal to produce its electricity. So it is Dirty, Dirty Coal energy that makes the cheap products you buy from Apple.

* Full disclosure: Neither have I owned Apple stock nor have I bought any of the company’s products. No iTunes for me, thank you very much.

But it’s not just Apple – America’s #1 company after knocking Exxon of its high horse – that makes its profits by manufacturing in China. General Motors, Wal-Mart, Nike, and many other American companies now manufacture in China strictly because of the cheap labor costs. Then those companies ship their products back across the Pacific Ocean to sell them on our shores. What a waste of energy!

Bring those jobs back home to the U.S.A. Stop the pollution of Dirty, Dirty Coal-made products in China, which increases carbon emissions and global warming. Should we stop buying products made in China? That is to be debated individually and collectively.

Instead of calling for a boycott of Chinese-made products or lowering Americans’ wages to compete with China’s cheap labor, I have a better solution: Tax Credits. The Obama administration could offer meaningful Tax Credits to U.S. corporations that bring manufacturing jobs back to the U.S.A. from anywhere in the world, including China. That means jobs for Americans. More importantly, it brings back “Made in the U.S.A.”

Let’s compete with China’s cheap labor with Tax Credits that can help even the playing field for U.S. corporations to manufacture at home instead of halfway around the world. And keep the prices for consumer products stable at the same time.

Read more:

http://bits.blogs.nytimes.com/2011/04/15/ipad-resellers-now-camp-overnight-at-apple-stores/

http://online.wsj.com/article/SB10001424052702304563104576361232998099752.html

http://www.huffingtonpost.com/2011/08/10/ten-most-valuable-companies-america_n_923752.html#s326803&title=10_Procter_

http://www.nytimes.com/2008/03/25/business/worldbusiness/25iht-chevy.4.11415496.html?pagewanted=all

http://www.pbs.org/wgbh/pages/frontline/shows/walmart/secrets/wmchina.html

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