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And that's why we need Tariffs.Why would they do that, when they can simply go overseas and open a business there with labor so cheap, that even with shipping costs and duties to get the product to the USA, it still is cheaper than using USA Labor at higher prices?They would train Americans to do the work.Playing Devil's Advocate:
If no immigrant workers, legal or illegal, were allowed in to the USA and corporations either could not find the educated workers that they needed to run their business or perhaps could not find the cheaper labor that they needed to run their business profitably, then they would simply pack up and move their business overseas...leaving even MORE Americans without jobs... so basically even if we had no legal and illegal immigrant workers, corporations would find the cheaper, the competitive wage earners, by moving the entire business overseas...(and probably even get a tax break for doing it)
It wouldn't make American wages go up if laws were passed severely limiting immigration as this economist speculates:
The background: Paul Samuelson, the first American to win a Nobel Prize in economics, wrote shortly before enactment of the 1965 Immigration Act.
After World War I, laws were passed severely limiting immigration. Only a trickle of immigrants has been admitted since then…By keeping supply down, immigration policy tends to keep wages high. Let us underline this basic principle: Limitation in the supply of any grade of labor relative to all other productive factors can be expected to raise its wage rate; an increase in supply will, other things being equal, tend to depress wage rates.
It's not as easy peasy as this economist way back when thought in today's global world...It would just make these corporations move to other foreign countries.
You would have get rid of every trade agreement we have that would allow our businesses to move overseas too, don't you think?
And then there are States like mine, who lost a lot of manufacturing jobs in the shoe industry when we began trade in Hong Kong then China, Brazil, Korea, Tawain etc. and all but 1 shoe factory left and went there beginning in the 1980's...
BUT SINCE THEN has developed a huge (at least huge for us in Maine) overseas/export business due to trade agreements in Lobsters, eels,tuna, integrated circuits, coniferous wood, aircraft engines and parts, paper products, etc...
I'm sure American companies that export goods would just love that idea.