Originally posted by: athithi
OK, so penalizing American companies by hurting their bottomline is going to make them create more jobs in the U.S - how?
There are two issues here - offshoring and outsourcing. I guess offshoring would be an American company expanding in a foreign market and moving American jobs to their branches abroad. Outsourcing is when an American company "sub-lets" work to a foreign company. I don't see how offshoring can be stopped or mitigated. Maybe make Dave President and have him throw out all Global companies from the US

But, outsourcing can probably be used to America's advantage by requiring any foreign company which receives work from the US at the cost of any job lost here to invest in the US in return. That is, you cannot get outsourced projects unless you have invested in some form in the US. This would either create new jobs in the US or bring back jobs since the foreign companies will have to raise rates due to their overheads or possibly both. Why penalize American companies? Penalize the foreign companies instead
In the 70s India's Socialist Government threw out companies like IBM, Pepsi and Coca-Cola. That allowed domestic companies to come up. But with no competition, these companies remained sub-standard for a very long time. Atleast IBM and Coca-Cola were foreign companies in India. If America is going to throw out American companies that are trying to stay competitive and productive, you will be left with a bunch of no-name, fly-by-night companies. The American consumer will be held to ransom - much like Indian consumers were for much of the 70s and 80s. You think Indian Customer Support is horrible? Wait until you get American Customer Support for cents on the hour