Vox has a new article freaking out that the US government isn't doing enough to make sure tech companies get cheap labor from abroad to code. They might even have to (GULP) pay competitive wages in order to get techies to work. Or else they might move to Canada! Canada! I'm a former libertarian and someone who's area of study was economics. So I understand the logic of "if we aren't nice enough to big corporations they might move abroad" type argumentation. Indeed, you might find me on one of my old blogs making the same kind of argument when I was opposing minimum wage hikes or supporting corporate tax rates. It's one of those things that's tempting because there is a bit of truth to it. If a nation puts onerous enough regulations, taxes, etc on companies and there are much more convenient alternatives abroad that are easier to move to, it can have adverse impacts. One thing I also learned as I moved away from libertarianism/free markets (whateve
Comments
Post a Comment