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This is possible in the first place because labor cannot freely move across borders, but corporations can freely shop around.

You can either open borders to both people and goods, or you can have restrictions on both that go hand in hand. But one without the other is a massive gift to corporations who can and do cash in on that disparity.

They need to understand that their profits depend on people with disposable income. The US has some of the most profitable consumers for retailers. If they are all living hand to mouth, what happens to Amazon’s sales?

That is obviously a problem for next quarter.

Unions that can negotiate contracts that have consequences for mass layoffs.

The solution according to the poster is regulation made by experts which is why he's running for Congress. It's maybe not the solution you were hoping for but it is the solution he proposes :)

He says:

1. Strong data governance 2. Tax implications for layoffs (offshoring?)