President Joe Biden’s new secretary of the treasury, Janet Yellen, has promised to support the administration’s plan to raise taxes and embolden unions. These are key ingredients in the plan to send jobs overseas. On the surface, these sound like stock Democrat objectives. But the historic result of these types of regulatory changes always leads to the off-shoring of jobs.
The first reason for this is because the demands of workers spike dramatically when they are pressured to join unions. American workers have long been well-paid and enjoyed legal protections. To an extent, this is good for industry because it keeps the workforce strong and reliable. But with the addition of Union entitlements, the burden on companies becomes too great to bear. The second string in this bow is to raise the tax burden of corporations. It’s easy to see how the combined cost of both of these changes will be too great for American companies to bear.
But what you won’t be told is that companies can avoid the Union problem by hiring abroad, and they can avoid the tax problem by moving their manufacturing facilities out of the country.
It a simple recipe for undermining the American workforce. It has been used many times with the predictable result of destitution for American workers and families. It is weaponized economics. The question is, for whose ultimate benefit is this being done? If we could answer that question, we would discover our nation’s most bitter enemies.
In all the hype surrounding Donald Trump’s personality and speech patterns, it’s easy to lose track of the real reason Americans voted him into office in 2016. It wasn’t so much because of his refusal to bow to “woke” name-calling as it was about jobs. Trump’s voting support base was made largely of people whose jobs had been sent overseas.
Thanks to a coalition of lawmakers, the Clinton and Obama administrations, and major international business interests, American manufacturing jobs were moved offshore where cheaper labor is available. But it wasn’t just about companies looking for cheaper labor. Companies were being taxed unfairly for the privilege of keeping their American workforce.
So it wasn’t only about businesses looking to expand profits, it was about the federal government cutting the American manufacturing worker out of the deal. Why so-called American lawmakers would strive to make this possible is hard to imagine. But you can be certain that they had their reasons.
With the Trump administration came a resurgence of manufacturing jobs for workers in the middle of the country and the south. These parts of the country became rife with poverty, drug addiction, suicide, and crime, all because our misbegotten leaders sold them out. This is why Trump supporters love him, because he brought their jobs back. Now, the job exporters have Trump out of their way, and they are preparing to do it all over again.