[Mad Dawgg]

Unionista DannyTn said:"You could remove all US regulations and all US taxes and we still wouldn't be competitive against Chinese labor rates."

And Unionista central va: "Labor is just one component in manufacturing, one of the smallest too."

OK so which one of you is wrong?

[central_va]

Unionista DannyTn said:"You could remove all US regulations and all US taxes and we still wouldn't be competitive against Chinese labor rates." And Unionista central va: "Labor is just one component in manufacturing, one of the smallest too." OK so which one of you is wrong?

We are both right. Nothing could be done tax wise or regulation wise to compete with $.25/hr labor rates. My argument is that labor is such a small component of manufacturing cost using first world labor would increase cost but only a few cents on the dollar.. All of which would and could be offset by eliminating income taxes and reduced social spending. It would also a matter of national defense because I consider the industrial base the key to maintaining our freedom.