We are encouraging American manufacturers to engage in employment arbitrage when we don't either seek to normalize the embedded costs of our regulations, or to eliminate the expenses those regulations add to a company's product cost. You can't reasonably expect a country with first-world sensibilities to fairly compete in a third-world manufacturing environment.
“Beyond the taxes, though are a multitude of other hidden expenses for businesses. “
You are absolutely right, it is a multi-dimensional problem. I don’t think any of the candidates do not understand this better than Trump.
But, to resolve the problem we need to attract back many of the businesses we lost...that is part of the solution to growth. And, there is no reason any other nation can compete with us in a balanced trade deal. Americans have always been able to compete until recent times where our politicians have stacked the deck against us so badly.
When the CEO of Carrier was asked to name a tax or regulatory policy that was causing the move to Mexico he could not answer the question.