What is the basis for thinking that US labor is - or should be - immune to international competition? Has an alien bestowed a magical dispensation that all the other nations of the world are bound to acknowledge and respect?
Maybe there are noble American businessmen who bullheadedly are determined to keep high cost labor to the detriment of their company’s ability to survive, long term. Well, rotsa ruck to them.
It is one thing China and India on their own developed capabilities to compete against the US. It is another when the US train the Chinese and Indian to catch up for the sole purpose of closing US factories and reap more profits on very low Chinese labor. Do you know who taught Japan how to catch up to the US, an American name Demming. He did a good job in taking out the US steel and auto industry.
Do you know who open factories to train Chinese workers on the latest manufacturing techniques during the 1990’s when the US was still making money on goods manufactured in the US. You guessed it, US corporations.
You don’t see Japan doing this. You definitely don’t see China doing this. Seen any Chinese technicians in your factory or office teaching you how to undercut Chinese manufacturing and IT business. The only Chinese I see is the one bringing cash to Wash DC and buying politicians. You see the Chinese businessmen remembers he is a Chinese first, second and third. Same with Korean and Japanese businessmen. American businessmen would serve to the highest bidder and profit. Profit first, second and third. Country, what country??? I will be an American when he is in trouble overseas and needs US Marines to save his axx!! Other then that he would screw America for a half of percent increase in profits.
Don’t like my viewpoint. Let us compare. US practices profit before nation business model, oops, economy blown, gov and corporations deep in debt, energy dependent, no rare earth mines and lots of Americans out of work. China practices business tempered by national needs, economy booming, gov flushed with cash, critical industrial resources secured and people working their axx off. In fact most of Asia is the only region left where the economy is still running. Rest my case.