> Perhaps we look at what drove our manufacturing offshore and try to reverse some of that - and hint, it wasn’t just the direct cost of labor, it was much more, much much more. <
A gal I know well tried to open a small restaurant near where I live. (I should have married her, but that’s another story.) Anyway, her food was good, and the place was clean. But she was absolutely crushed by local and state inspectors. Regulations, regulations, and more regulations.
She finally closed up shop in disgust. I’m sure U.S. manufacturers face the same sort of problem.
“She finally closed up shop in disgust. I’m sure U.S. manufacturers face the same sort of problem.”
Very true, if you have a-hole regulators, they can easily drive you out. That’s why any bank still in business does EXACTLY what they’re told to do by the feds, regardless of whether it’s legal. One example: If they’re told to not provide accounts for firearms manufacturers or distributors, then they won’t provide those accounts. In the future - if you are identified as a Trump supporter or even a gun owner (even if you’re fully obeying all laws)...sorry, no credit cards for you. Etc.
But even beyond that, unions and the threat of unionization probably did more to drive out manufacturing than any other single factor...although excessive environmental crap is up there too.