Exactly none of the aforementioned countries have nuclear missiles aimed at us or are building blue water navies to threaten our trade routes.
What's not to like about that
It would be better if the factories came here. But Vietnam etc. would be second choice.
This is a Garbage Article by the same globalists usual suspects...
Here’s the reality...
Study after Study has shown that labor costs, while certainly lower in other places, do not remotely impact the end price of products as much as the globalists folks like to claim they do.
If you have a very, very labor intensive manufacturing process, then yes, labor costs are a large part of your end cost per item... however, very very very few things have huge human involvement in them anymore.... Most manufacturing is automated, and human involvement in the manufacturing process is very small per item produced.
When you factor in that US Worker productivity is among the best in the world, the cost of labor as part of your overall product is generally not that much different. Is it different? Is it a major difference in most indutstries and products, no.
Remember, this is the same crap that Obama and Hillary and their minions were telling you in 2008-2016, just get used to it those jobs aren’t coming back....
Yet we lost over 300k manufacturing jobs under OBama’s 8 years, and gained over 300k in just 2.5 years under Trump.
Don’t fall for this CRAP... We no longer live in a world where manufacturing is human involvement through the entire process... at least not in MOST industries.
Labor costs are an ever decreasing percentage of the cost of a product, no matter where they are manufactured or assembled... We are a far cry from the 1950s.