Quote:
Originally Posted by kane
Yep, outsourcing is no longer the big enemy that is going to kill jobs in America. It is robots and automation.
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And yet...the jobs are still being done by humans in other countries.
I've heard the doom and gloom argument for years about automation. Same argument the unions were screaming about since the 1950's with car manufacturers.
But again...PEOPLE are still making things. And the plants and factories where they are making them have moved from the U.S. to other countries.
Today Trump put out the plan of lowering the corporate tax rate from 35 down to 15 to 20%
Imagine if you are a giant corporation making a billion dollars a year in profit.
That tax cut saves you from $150 to $200 MILLION dollars a year!
And Trump is telling them that if they bring their plants and jobs BACK to the U.S., then they are gold.
If they don't? He is going to put a border tax on their ass that will negate the savings from the corporate tax.
He is making the U.S. THE place to build your factories and jobs.
What is wrong with that?
Is automation a factor?
Yeah...it has been for the last 60 to 70 years. So what? There are still MILLIONS of jobs in this world that American companies have outsourced to other countries.
If Trump's economic policies can bring those back...that my friend is a very, very good thing.