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To: Albion Wilde
It has a lot to do with manufacturing businesses. A company that needs a new manufacturing facility will locate it where it makes the most sense -- not only where the labor is cheapest, but where it fits best in its own supply chain. And that supply chain includes raw materials, assembled components, finished products, and -- finally -- customers.

"Information" plays a big role in this because the manufacturer has to be able to communicate efficiently with suppliers and customers all over the globe. If you are manufacturing something in Asia and you are using raw materials from South America, the people who work at the facility in Asia have to be able to place orders without speaking any Spanish.

7 posted on 06/26/2016 6:51:43 PM PDT by Alberta's Child ("Sometimes I feel like I've been tied to the whipping post.")
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To: Alberta's Child
"Information" plays a big role in this because the manufacturer has to be able to communicate ..

Nothing new here. Manufacturing has always involved trade, communication and global suppliers. What has changed is trade policies that have created great disincentives to manufacture here and reward corporations for moving jobs to nations that have few regulations, weak rule of law and slave level wages.

This has resulted in America losing hundreds of critical manufacturing industries, technological skills, high paying jobs, and lost future industries that require a strong manufacturing infrastructure for support.

Then we have the massive trade deficits that are a direct result of not having enough physical goods to export which comes right out of our GDP growth.

To listen to free traders, trade did not exist until the WTO. Such massive propaganda.

12 posted on 06/26/2016 7:43:06 PM PDT by WRhine (Truth is Treason in an Empire of Lies)
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