See, that is the problem with “moving production”.
Production gets moved to ... eventually China.
China unemployment rate is quite low. Problem is the unemployment rate in America is HIGH.
So we send our jobs to China, where they are done by ever-more-expensive working Chinese, and we fall into chaos. We lose control over all production.
Where is the win in that? It’s only a plan for a generation at most.
Then utter failure. Complete, total failure.
Which Mitt never did at Bain, even though Barack Obama thinks it’s obvious that he must have.