“It is all about profits now, regardless of where those profits are generated. The shareholders could care less where their profits are generated, as long as the profits keep coming in.”
Exactly.
And that is the point. Otherwise no one would want to be a shareholder.
This may come as a shock to you, but here is a fact:
Corporations do not exist for the purpose of creating or providing jobs. They exist for the exact reasons you stated yourself: to produce profits for the shareholders.
Sorry.
No need to be sorry, that is what business is all about.
The only way we can bring the work back to the US is to beat the competition on price, and the only way we can do that is with technology. You can turn a profit with cheap labor, but if I can develop automation that will drive the overhead far below the cost of foreign labor, the work will come back.
The only downside to that is that in the process of moving manufacturing to china, we basically handed all of our technology over to them on a silver platter. Now we have to compete with them on a higher level, because they now they not only have the cheap labor, they have the high end machinery and a cheap labor force. Oh, and IP rights are nonexistent in china, so if you make things there, expect to have your product copied and marketed elsewhere.