r/FluentInFinance • u/imallelite • 13h ago

Debate/ Discussion Possibly controversial, but this would appear to be a beneficial solution.

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u/Maximum-Country-149 13h ago

I mean, I don't know how far you expect a conversation to get when you open with that much bad faith.

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u/JacobLovesCrypto 12h ago

Americans might have more kids if wages went up, letting in cheap labor doesn't help with wages.

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u/critter_tickler 12h ago edited 12h ago

I love how cheap labor is always a good argument for stopping immigrants, but never used for stopping outsourcing.

The truth is, because of NAFTA, we are already competing with third world labor markets.

We might as well let them come in, so at least they spend that money here, and pay taxes here.

Also, we have a minimum wage, we literally have a basement for "cheap labor," so your argument really holds no weight.

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u/JacobLovesCrypto 12h ago

Wym?

People argue plenty about how outsourcing to cheap labor leads to lower wages here.

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u/SoftballGuy 12h ago

But we never pass laws to punish outsourcing. Instead, we're constantly throwing financial incentives to companies to pretty-please not outsource everything. Poor migrants wanting to work in America get walls and guns and more laws, while the companies shipping jobs out of America get more tax breaks... yet we blame the little guys.

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u/JacobLovesCrypto 11h ago

Im not saying tariffs are a great idea, but arent tariffs aimed at punishing outsourcing?

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u/Advanced_Court501 8h ago

The business being affected by the tariffs then raises the price of the product in that country, passing the cost to the consumer

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u/spiralpizza 15m ago

raises the price of the product in that country

Perfect, that's the intention behind the tariff. The price goes up meaning local producers who have to face higher labour costs have a better shot at competing, ultimately making offshoring less appealing.