Buchanan mentions it's existence only in passing, here:
At the Cold War’s end, the GOP reached a fork in the road. The determination of Middle Americans to preserve the country they grew up in suddenly collided with the profit motive of Corporate America. The Fortune 500 wanted to close factories in the USA and ship production abroad – where unions did not exist, regulations were light, taxes were low, and wages were a fraction of what they were here in America. Corporate America was going global and wanted to be rid of its American workforce, the best paid on earth, and replace it with cheap foreign labor.He is quick to blame corporate America for wanting to maintain profits by offshoring, to decrease the growing cost of doing business. He does not address the cause - increased regulations and taxes - that led to the higher costs.
He’s so far right he’s left, blaming corporations for wanting to make profits.
Does Pat seriously blame corporations for doing their fiduciary duty and trying to avoid unions—which not only cost more, but try to make jobs and job descriptions stand still when the marketplace never does? That's just nuts. I blame anyone who hasn't been fighting to get rid of Federal labor laws, which exempt unions from the laws the rest of have to follow—which are all unconstitutional. I blame Detroit unions and the politicians they bought for the death of the US auto industry because of competition from superior Japanese cars.
And now take a look at Wisconsin, Pat. Unions aren't in charge anymore, and the place is booming with American jobs. Get the idea?
Alex, wages were the major cost. Regulation is expensive, very much so, but if your work forces is paid less than 25% of what they are in the US, regulation doesn’t matter much.
We decided to follow the British Empire in the free trade game, without acknowledging that the died as a result.