Thats insane thinking. If I have a company of 50 workers making...well...anything from electronics to toys and I have to pay my workers salarys and insurance and taxes which comes up to...I dunno, lets say $700,000 /year.
But I can make these products in India or China for HALF the labor costs and provide NO insurance and benefits then WHY in gods name would I make the products here in this country or Europe?
Yes, there is no reason you'd pay your workers more to make toys here instead of having them made in China. So what? There are certain things that we can make in this country, but which we can buy more cheaply overseas. We don't need to make those toys here, and those workers are better utilized producing something else that we can't buy more cheaply from China, like heavy equipment, airplanes or tall buildings.