race to the bottom? You mean race for greater and great efficiency. Thats exactly how we want business to be run, to allocate global resources efficiently in the most profitable manner. This signals to the rest of the market, that this business is doing the right thing and that consumers are rewarding this business with more profit, thus encouraging more investment and competition.
Well, yes Apple could build it in the US, but then go bankrupt if one of their product don’t turn out well. Way too risky. Plus not every company is like Apple that can sell their product at such huge mark up based on their brand name. Majority of business out there have very low mark up
Everytime you use the word global, what you mean is “F America” because that is what it is doing.
We cannot compete with $1.00 a day, so you are saying it is imperitive to destroy the middle class to bring manufacturing back.