Chief among them are onerous EPA regulations, onerous Labor relations, high taxation and high cost of serviceable infrastructure. Mostly political reasons as higher government spending and associated costs just force higher and higher taxation.
100% correct!
Question: Why don't those who always say "we need to bring those jobs back home" understand this? These are the reasons why those jobs left in the first place!
Jesus Christ: You can’t impeach Him and He ain’t going to resign.
Our regulatory environment may be more hostile to business, but as the article points out, the Chinese building that crushed 1200 workers could have never been built under US building codes. Some of our regs and "hostile environment" are good things.
The question is really whether or not we want to let third world economies dictate the US wage rate. If we don't then we need to protect our market.
It's not like there is an equal exchange of trade goods. There is one consumer market in play here, ours. Letting third world labor compete for our market without enforcing an equal exchange of trade goods is national suicide.
Our regulatory environment may be more hostile to business, but as the article points out, the Chinese building that crushed 1200 workers could have never been built under US building codes. Some of our regs and "hostile environment" are good things.
The question is really whether or not we want to let third world economies dictate the US wage rate. If we don't then we need to protect our market.
It's not like there is an equal exchange of trade goods. There is one consumer market in play here, ours. Letting third world labor compete for our market without enforcing an equal exchange of trade goods is national suicide.