Exactly, as I have previously stated and detailed in Post #100 as well as #'s 15,26,33, 67.
Hike!
All of these isolationists and alarmists are blaming the loss of American jobs on lack of tarriffs and low wage labor in the developing world.
I talk to business owners who can't find even minimally skilled labor. I heard one say that the lowest wage he pays is $20.00 an hour and he has to get up early enough to call his workers and get them into the shop every morning. You hear stories about people who don't show up for work and can't understand why they get fired.
I'll bet you in China they get up. If they don't they don't eat.
Tarriffs? Exactly what will that do? Create demand for domestic products? So what? Union labor gets cranked up again and the factories start smokin'. So what? Just how much are those domestic products going to cost after domestic labor is factored in? The only way tariffs will work to increase domestic jobs is if the cost of goods skyrockets. Is anybody aware of why companies seek out cheap labor? It's to keep the cost of goods low and be competitive.