Last year chemical companies shuttered 70 facilities in the United States and have tagged 40 more for closure. Of 120 chemical plants being built around the world with price tags of $1 billion or more, one is in the United States and 50 are in China. ......This is directly due to the costs. OF ENVIRONMENTAL, DOT AND EPA REGULATIONS. Get the government out of the way and the jobs will follow.
What about costs of living in US? In how many areas can you commute on bicycle? Do you want US to adopt Chinese environment standards?
And more demand for medical services. See this nice unregulated Chinese sunset:
The countries where factories are opening, but have less regulation, an interesting thing is happening. The poeple living in those countries are complaining to their governments about pollution, safety issues and things like that. The governments are responding by creating regulation where none existed before. These countries never had environmental regulation before because they never had to deal with industrial pollution before. When industry starts causing local issues, the governments respond. The company I work for has a policy of uniform health and safety standards for all international locations that equal or are better than the U.S. requirements. And it makes better logistics to have the same policies everywhere.