[iceninenines]

There is currently no consistent incentives for global multinationals to invest locally when there's "always labor somewhere else." If you compelled local hiring, then the multinationals might stop giving locals the middle finger and invest in a country instead of strip-mining it into an impoverished favela. I don't want to get into divide-and-conquered, tribalism political malarkey, but the people have to push out the corporate corruption and get politicians working for We The People, not just We The Corporations. Without fixing the political system by rising up, the corporations will keep killing the middle class.

[fataliss]

There will always be "labor somewhere else". Have we not learned anything with all the industry moving out of the US and other developed countries? Corporations ALWAYS find a way to get the job done cheaper. Better? not always, but cheaper? Sure if they try enough they will! At least an H1B worker will pay taxes in the US and contribute to the life of the community they settle in, where some off shore contracting would be likely a net loss for the US.

[sundaeofshock]

Or better yet, give labor the same freedom of movement that capital has. Problem solved.