We are not ever going to be competitive with the slaves of the Chi-coms and the peasants of India unless we adopt their way of life. We could deregulate ourselves that low and give the government and employers total power over us, but who would want to live here then?
We need to ditch global trade and fashion trade with nations that serve our interests and way of life. Global trade serves globalists and no one else. It’s a rush to the bottom of the globe’s sewer.
Apparently, we will be expected to pile up 10 deep in 1 bedroom apts if we are to compete. (sarc)
That's what the globalist and pretend free traders refuse to admit. India, China, Singapore, Pakistan, Bangladesh and other poor nations have populations in excess of 3 or 4 billion people, with hundreds of billions of unemployed and underemployed.
The US with just over 300 million, and throw in the EU and Japan and get up to around 700 million, well those industrialized nations are supposedly going to export as many factories and outsource as many jobs to cheap labor nations as the transnationals care to, then ship goods back to the industrialized nations, and still somehow have strong economies and generate jobs for their own citizens.
Its all a big, catastrophic fantasy as is evidenced by the large and ever growing trade defits, budget deficits and unemployment now throughout the industrial nations. We've been propping it all up with trillions in debt, but the game will end at some point fairly soon.