Exactly, I believe a Corporation is a group of people who wish to do business. Capitalism is based on free trade and once you start imposing restrictions on free trade the market will react.
If labor is too high in this part of the country then a factory will pull up stakes and move to another part of the country. If in the state of Ohio you say Business taxes are now 15% and New Mexico says move here and we will only charge you 3% say goodbye to that factory in Ohio.
Labor and government regulation are the biggest expenses in opening and running a business. Apparently in China both of these factors are a good bit less than compared to the US to offset the cost of shipping these goods here.
Throwing more regulation on top of the situation will not work.
What is that old saying about "stop digging when you find yourself in a hole"?
There is a huge difference in migrating manufacturing internally in a country and shipping it abroad. Internally it is still part of the nation and the nation still benefits.
Apparently in China both of these factors are a good bit less than compared to the US to offset the cost of shipping these goods here.
Yes, nothing like slave labor where labor costs are kept artificially low by the power of the state's guns (by the way, where is the economic freedom in China? Or does it only apply to America in the context of shipping our factories there?) where the workers are basically slaves of the statesand the state's chosen "capitalist" agents (mostly party functionaries and military generals or their immediate families) and have ZERO right to negotiate prices or work conditions. Furthermore, China is one of the most polluted nations in the world with millions of acres of agricultural land lost yearly to desertification. But hay, it's cool, we should have that here and like China, we should also have ZERO worker safety laws, after all, if they can absorbe 10,000 industry FATALITIES each and every month, why shouldn't we?