I totally agree with you that we should completely stop outsourcing jobs to India and production to China.
I'll focus on one point in this thread because I know a lot about it.
With all due respect

Flash

, this ship has sailed, so to speak. Any attempt to punish corporations hiring non-American employees would be short-sighted and disastrous. "RoW" (Rest of World) revenues for most large corporations are as big, if not larger than their US-driven component. And neither the US nor Europe can claim educational superiority - the last bastion - compared to the emerging markets any more. What does this mean?
Scenarios for the t-shirt market:
1. US imposes punitive action on companies offshoring. Higher taxes, fees etc. for all of their products, sold anywhere on the globe. Chinese company immediately gets more competitive in the global market selling t-shirts directly (for a tech example, take Lenovo or Huawei). US company loses global market share and lays off employees.
2. US imposes punitive action on companies offshoring. Higher taxes, fees etc. Due to the uncompetitive situation they are now in, the US t-shirt company
decides to reevaluate its center of operation, i.e. headquarters. Not that hard really. IBM, for instance, already has over 20% of their entire staff in India. Result: T-shirt company lays off most US employees (some sales folks would be OK I guess) and the US loses out on tax revenue for non-US sales.
3. Follow-ons to 1 and 2: US takes kneejerk reaction and stops the importation of foreign goods through high tariffs or flat-out bans. Sales plummet as you will now have to pay $25 for that t-shirt you got last week for $10 at Walmart. Plus higher taxes because the government will need to make up for lost "revenues" from the companies that pulled out and they still will not have decreased government spending.
4. Follow-on to 3: US takes a kneejerk reaction and implements price controls on t-shirts (think this can't happen? We almost did it on gas not too long ago, and "windfall" taxes are the same thing just packaged differently). US t-shirt company can no longer make shirts profitably, having to pay employees the government mandated minimum wage (a price control btw), union mandated benefits, and immediately files for bankruptcy. Government steps in and says we'll take over your operations, injecting money from you know who.... YOU. (you know the fed is now talking to the auto manufacturers about a bailout, right?)
5. In the global environment the US/Gov t-shirt company is now non-competitive and in the US the t-shirts per person drops precipitously due to the high cost. Some keep their t-shirt making jobs for a time but tax revenues plummet, the US can no longer make its debt payments and it collapses, USSR style.
No matter how much it hurts, and I know many people are/will be hurt by it, globalization is inevitable. But if individuals recognize it, and really think about whether they are at risk, and take action (further education, different line of work, moving to Shanghai) we would be much better off than building our own wall, or take the steps to wealth re-distribution. Btw, our current "progressive" tax system is already a redistribution of wealth.
And while I disagree with the OP in terms of singling out people, unfortunately I do agree that we are soon to start down this socialist path. And it will be painful for a long time. The problem with using arguments that single out folks is that it creates animosity for what rightly should be a discussion of framework, course and guiding principles. Hey, maybe something like the Constitution.
-Libertarian :squid: