“The “production” cost i.e. labor is listed at $20.00 phone. So if the PER UNIT Production cost is say doubled then the phone would only cost $20.00 more if made in the USA. Get it?”
You don’t get why they started shipping everything overseas to start with, mostly the cost of regulations.
Many things that are still made here have to be shipped to Mexico to be painted, because the regulations here make it impossible.
Oh my God add 5% for regulations. That is being generous. This why Free Traitors™ are winning and why the USA will de industrialize and eventually be eaten up economically up by Asia. They are using Americans stupidity, greed and lack of economic understanding to kill us. You are prime example, you are all three.
Here in California for example Cal Poly economists did a study on cost of regulation increase per farm acre from 2006 to 2017. It has gone up 800%. This adds significantly to the per acre production cost