>>So what? At least they'll spend it here.
>
>Because the prices will rise with higher wages. You think the corps will just absorb the loss? The only way to avoid that would be more government subsidies.
That won't happen, because government subsidizing underperforming enterprises is the worst form of socialism.
>That might even have to be coupled with higher import tariffs to protect the product. Either way, it will be chaos for a while.
So what's new. Isn't it chaotic as it is?
>>The downside is that the corporations would run lower profits, which they were investing abroad anyway.
>
>I can't believe you think they'll just sit back and absorb the difference. No, Dragan, it will be you that will have to live with 'lower profits', not them.
Ah, but then they'd lose me as a customer. So who'd they sell to?