U.S. Steel wins tax breaks from one of America's poorest cities

Re:U.S. Steel wins tax breaks from one of America's poorest ... by tomatotomato37 on Saturday February 09, 2019 @05:00PM (#19124913)

What your missing is that, thanks to globalization, those cities have to compete against cities in third world countries without nice things such as minimum wages or workers rights that tend to be viewed as burdens by most corporations. This is less an incentive to expand and more begging the company to stick to the status quo and not to bail out to Bangladesh the first chance the company gets

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Re:U.S. Steel wins tax breaks from one of America's poorest ... by fzeroracer on Saturday February 09, 2019 @06:03PM (#19125266)

Not only is that an extremely overly simplistic look at how globalization actually works, but ignores that we can't just blame globalization while doing everything in our power to kneecap growing industries in favor of ones that are dying or in the process of being automated.

We should be adapting to the fact that a lot of these jobs will be automated in the near-future and/or the fact that most of these companies are more profitable than ever yet demand more and more from local and state governments.

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Re:U.S. Steel wins tax breaks from one of America's poorest ... by AngryData on Saturday February 09, 2019 @05:42PM (#19125152)

Then the obvious solution is to apply a import tax on those companies, rather than trying to bribe companies for favors. Hell it could be called a 'human rights violation tax', specifically to fight the outsourcing of jobs to abusive foreign business or assemblies.

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