BTW, I have visited the PRC and toured some of their industrial parks that have factories of US based companies. They have top of the line technology, the latest in automation, and a well educated labor force that works for a fraction of US workers. It is very difficult to compete under such circumstances.
My point exactly. Don’t compete where you don’t have an advantage. Compete and win where you do - entrepreneurialism, middle management and creativity are the hallmarks of American economic liberty.