Yeah, I sad that, right after I said:
Seems to me that someone manufacturing a commodity in North Carolina is S.O.L. if that same commodity can be made somewher else, shipped here and still be sold for less because his total labor/regulatory/medical/legal/etc. cost renders him non-competitive.
Tax Reform will make Mr. North Carolina move competitive
Regulation Reform will make Mr. North Carolina move competitive
Tort Reform and Liability Reform will make Mr. North Carolina move competitive
He still has problems with wage and benefits costs that are quite a bit more substatial than his overseas competitors.
Yes, significant reforms need to take place, and, if and when they does, some of the problems disappear.
No amount of reform will remedy the fact that assembly type manufacturing jobs are going away and the ones that are left don't pay $25-$30 per hour with full medical and a great pension. Because of robotics and cheaper labor elsewhere, those days are gone.
IT jobs that don't require onsite presence will be going overseas ... unless and until American workers are willing to do them for a lot less than they used to pay ... there are no viable alternatives to this reality w/o gov't intervention and I, for one, am against that solution.
YOU SAID..."Because of robotics and cheaper labor elsewhere, those days are gone."
You dont quite get my point.
With the proper policies in place over here FIRST...not only would production be more efficient in this country...the development and manufacture of high tech machines to replace low tech production methods would also be encouraged.
Those factory workers..instead of doing piecemeal textile manufacture...might be building high tech machines on a line...which in turn we would sell to those would be CAFTA countries to increase their standard of living.
Win-Win all around.
Now...with these short sighted solutions...some win now...in the short term...but we all lose out...in the long term.
That means everyone who pays taxes...such as you and I. More socialism...more unions....and then Hillary to the rescue.
Count on it.