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To: Alberta's Child
Even if the U.S. didn't import a single manufactured product from a foreign nation, we'd be producing those things here in heavily automated facilities that don't have many employees at all.

This is a great idea of yours - do you have a downside?

84 posted on 02/17/2014 2:38:30 PM PST by Last Dakotan
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To: Last Dakotan
The downside is that the biggest competitive advantage the U.S. has over other countries in manufacturing is for products that are sold here in the U.S. The U.S. would have a hard time competing with Asian countries for most products sold in Asia even if U.S. labor was cheaper than Asian labor. If you're going to sell 500 million iPhones in China and 50 million of them in the U.S., it usually makes more sense to produce them in Asia.
89 posted on 02/17/2014 2:57:28 PM PST by Alberta's Child ("I've never seen such a conclave of minstrels in my life.")
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