The twisted logic of Trump’s coercion of private industry

If the US government is going to penalize US companies from investing in other countries by building factories and employing workers there and also penalize foreign companies for not investing in the US by building factories and employing workers here, then I suppose the government should penalize any American who owns stock in a foreign company or owns a foreign-made car or smartphone, or decides to travel overseas on vacation or business… Or builds golf courses and hotels outside of the US. All of those activities have the effect of creating jobs abroad as opposed to here in the good ‘ole USofA. Under such twisted logic, anyone who does anything that favors workers in other countries instead of workers in the US should be considered unpatriotic or perhaps even a traitor. Now, how genuinely stupid is that?

Advertisements

One thought on “The twisted logic of Trump’s coercion of private industry

  1. Yeah, welcome to the industrial policy! It’s never perfect.
    And what about taxes? The more you earn, the higher share of the extra income you pay? Where is logic in that?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s