Bringing the regulatory costs and taxes down would lead to a boom.
Unfortunately, the left and the EPA will fight “energy intensive” industries.
Last year America ran a new all-time record high trade deficit with the Peoples Republic of China.
342 billion dollars. Way up from the year before.
And that is still growing.
The global trade system, is completely broken.
Very good news, now if they will just lower our taxes a little and couple it with the EPA decision today we could actually see some manufacturing increases here soon.
. . .in other news
FEDERAL JUDGE BLOCKS OBAMA FROM IMPLEMENTING
DRACONIAN FRACKING RULES
DENVER A federal judge agreed Tuesday to postpone the Obama administrations tough new hydraulic fracturing restrictions just hours before they were scheduled to take effect.
U.S. District Court Judge Scott Skavdahl in Casper, Wyoming, gave both sides another week to submit arguments and citations before making a final decision on the request for a stay, which is expected July 22.
Four Western states Colorado, North Dakota, Utah and Wyoming along with two oil and gas industry groups had asked the court to delay the Bureau of Land Management rule slated to kick in Wednesday until their lawsuits could be heard. . .
http://www.washingtontimes.com/news/2015/jun/23/judge-postpones-obama-administrations-fracking-rul/
Is that the cost of raw materials and energy ?
Lower taxes, regulations, get rid of unions and might be able to produce cheaper than China ?
Manufacturing Cost are low because we are not manufacturing anything!
Add to that the theft of intellectual property, and the certainty that any successful product will shortly have copies being made at a Chinese-owned factory down the road, staffed by your former employees which YOU trained in how to make it right.
It's not really worth while to make anything in China, if it contains significant design and engineering intellectual property.
China’s labor force has actually started to shrink, if ever so slightly. 200 million or more abortions will do that to a population.
Its costs are rising and consumers are demanding better quality, workers want better conditions and better pay. Factories using only manual labor have terrible constant turn-over.
Want more freedom?? Give people the right to the fruits of their labor and property rights. China isn’t a model but they’ve come a loooong way since Mao. It is absolutely true the world over.
Absolute horse hockey. Manufacturing jobs in the US average $24/hour. Manufacturing jobs in China are around $2-3/hr.