Lol, I’ve been the controller of two different firms, and also worked as a cost accountant. I definitely don’t need your silly lectures on this subject.
And my posts have been totally correct on this subject, particularly as it relates to the outsourcing of skilled, professional work where the salaries of the skilled workers will be the biggest expense in most firms doing this sort of outsourced work. The savings are immense.
And when it comes to unskilled labor, that all depends on how labor intensive it is. The portion of the costs that is labor and any labor overheads would vary significantly depending on the degree of automation. And it is the most labor intensive work that is exported first. Not many shirts and slacks being sewn in the US anymore, and those jobs seldom paid over $10.00 in the US.
And in that case, I knew of many sewing plants that employed 300 or more. Real significant saving to cut costs from around $10.00 per hour to less than $1.00, 2,080 hours per year for 300 employees.
And yes, the savings are still immense when the costs can be reduced to little more than 5% of what total labors costs were in a more affluent nation.
Oh, the age-old "argument:" I have nothing to say on substance, so let me appeal to authority. You personify the problem with American education: it does not even occur to you that appeal to authority is a logical fallacy and was known as such in Ancient Rome.
But even your appeal to authority fails: accountants are notorious for confusing accounting and economic costs.
Your "authority" is weakened further by your defensiveness which only proves that you know that you don't know. If you don't need my "lectures" and deem them as "silly" --- with not a hint, of course, on what makes them such --- why do you make mistakes for which I would fail a sophomore on a mid-term exam? Why is it that you not only fail to account properly for certain classes of costs but demonstrate no awareness that such classes even exist?
Well, I've tried. But nobody can help the one who refuses to think.
Since you find my post silly, I shall not write to you any more but be glad to do so again when you mature a bit and acquire some basic manners.
Have a good night.