Solution to outsourcing and trade

Outsourcing. Since the Clinton administration we have seen our jobs and know-how sent to foreign countries unchecked. If outsourcing is unchecked then our wealth will disappear also. Let me give you an example. Suppose we have a computer tech job done over seas. This job pay is 50,000 per year and the job in the foreign country is $5,000 per year. That means that the company with the overhead is getting the same work product for approximately $10,000 per year. Now lets suppose you want to sell a $30,000 car. Are you going to sell the car to the American that is out of work? No! What about the foreign worker? Not very likely! Outsourcing is a quick profit scheme however for the long term it is destructive to America. The entity in itself is self-defeating especially if it escalates as predicted. Our CEOs and national leaders have little insight as to what damage this can do in the long run. There appears to be a immediate profit mentality.

Trade. The balance of trade very rarely is in our favor. We again are shipping out our wealth unchecked. Our trade needs to be balanced if we are to retain any wealth in this country whatsoever.

Solution. The solution is to make outsourcing and trade checked. For every dollar in a combination of trade and jobs that we outsource each foreign country must match. If the combination of jobs outsourced and trade in monetary value is not matched then the U.S. applies an escalating tariff. Will this encourage trade wars? Perhaps at the beginning! Can this have an effect on inflation in this country. Likely! That is why I also suggest that the Greenspan team control this delicate trade-labor balance like interest rates are controlled. This solution will keep the wealth in jobs, know-how, and trade in America and spur export of our goods. Since there taxes are used to control the labor-trade exchange extra source of income will help pay on our debt and get foreign countries to buy more of our product. By far it will be better than what we have now.