Should The US Government's Failure To Protect The Auto Industry
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The US Government so far has failed to protect industries like the auto industry who almost went bankrupted back in 2008. Companies like Hyundai, Toyota and Honda have been dominating the US market, and outsourcing jobs which gives them a competitive advantage over out manufactures. First foreign companies have the advantage of cutting prices because they pay their workers less. Our government has the power to make paying taxes mandatory for all companies turning billions of dollars in revenues yet outsourcing jobs. The US government can also give tax cuts to companies who keep/bring jobs in the US. We can also, give tax breaks to companies investing in research and development, equipment, and labor. Every industry needs qualified workers;