So, its ok to move production to a cheaper state but not to a cheaper country.That doesn't seem rational.
Tariffs prevented exploiters of labor from getting rich here on sweatshops abroad
But it was bad for American consumers because the protectionism caused higher prices for consumers in the long run.
And so it came to pass. U.S. real wages have not risen in 40 years.
When prices keep going higher thanks to protectionism and government inflation of the money supply, real wages will not rise despite a rise in money wage rates.
Real wages haven't risen since 1973? Really?
The last time he tried to pull such a statistical stunt was when he clarified by claiming "the rate of increase has declined (or fallen)." Just like a Dem.