“The biggest problem the United States faces trying to repatriate companies is the fact that American wages are just too high.”
This argument has been shown time and again to be false.. If you have very heavy human involvement in your manufacturing yes but the reality is that most manufacturing is not nearly as labor intensive as it used to be.. So productivity is generally higher in the US, and cost of labor generally is a smaller percentage of the products price than it was decades ago.
Biggest issue is for 40 years we let traitors ship everything overseas, so the supply chains are no longer here... This is the real thing that has to change to majorly change manufacturing.
Glad you brought that up. US workers are among the most productive in the world. Usually top five, and in reality, the most productive of large countries. The few countries that rank above the US have populations smaller than our cities.