“If the government would do it part in helping lower the cost of doing business and hiring people, boardroom would elect to do more more business and manufacturing here at home”
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With all due respect to you, that’s the pat answer that all free traders give. But US manufacturers have figured out that even with zero regulation and big wage concessions from the Unions... it would still be cheaper to manufacture in China.
So its a zero sum game and “all things being equal”, the US manufacturers will stay in China because it is too easy to do that instead of going back to the hassle of actually managing a factory workforce here.... even a cheaper one.
There is nothing in the U.S. that can compete with overseas labor that works for a few cents a day and overseas governments which let corporations build unsafe plants which are a danger to everyone around them.