The only things I can think of are that our legal system has in part caused our health system and our manufacturing to be more expensive than it probably needs to be.
In China, do they have to worry about health and safety inspections? Do they worry about environmental and water regulations? Do they worry about compliance and lawsuits? I wonder if we haven’t built up a vindictive revenge system that ends up costing everyone. Let’s not even get started on political correctness, sexual harassment, “proper” pronouns and the like...
And there is a lot of waste, too, even in our health care system.
So yeah, our companies have to deal with a bit more overhead than some Chinese companies do. They can just pay bribes in the right places and are done with all that.
(I misunderstood the post that I had replied to: please disregard.)