They 1000% stole the jobs.
They were sending finished product here cheaper than US manufacturers could buy raw materials-
which excludes the labor.
the lack of labor and pollution laws=stealing.
If you tell us how to out compete?
Romney was a king of outsourcing-I hate him already-the other choice is distribute for china instead of making it or close the doors.
The reality is one would have to be on LSD to start a labor intensive business in modern America. The all in tax and regulatory burden is insane before one actually has to deal with modern Americans.
Likewise the brash 80’s-aka the beginning of the computer chip prolierating globally improving the lives of every man, woman and child on earth is the result. Dino tech was starving for capital. VC went 2-3%/mo to 1%.mo. The next thing we know the computer chip was ubiquitous. Deregulation=we finally got cell phones as evidence exists Ma Bell inhibited us fr getting them sooner to protect the monopoly.
USA phone companies were deregulated in 1984.
That was 15 years before anyone I knew even owned a cell phone.
Cell phones caught on in other parts of the world much faster than the USA because foreign land lines were much more expensive, and much less reliable, than land lines in the USA, which had the best land line system in the world.