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To me this is a no brainer.
I agree with your assessment of the current situation. However isn't it a weakness and shouldn't we be trying to remedy it? I don't think it's impossible to re-build our manufacturing capacity, its a matter of giving businesses a reason to do so. I think some sort of limited protection introduced incrementally could do that.
So hypothetically what would happen if we required USA companies to pay USA/identical wages to their workers in foreign call centers and manufacturing? I don't think there would be a way to do it but...imagine a world where Microsoft call centers in India paid as much as they would here. You'd have an instant middle class there with money to burn, jumpstarting the economy there, then imagine Apple factories in China paying as much as they would have to here and on and on and on. What would be the fall out? Just a thought.
Why would restricting imports and forcing the manufacture of more goods internally be a net deficit for the average person in the US? What would be wrong with incrementally restricting imports until our unemployment rate and wages stabilized at a level that preserves the standard of living of the average American? Sure the cost of certain goods would increase, but so would wages and employment. Right?
It would never work because too many members of congress are owned by foreign nations. Just look at members like McCain and Graham they should list their residence is in Israel seeing how many times they put Israel before America. Jefferson gave the best advice Commerce with all nations, alliance with none.