Originally Posted by Shotsie

I posted about this in another thread. It doesn't matter how many tax cuts you give to "job creators", how loose you make the regulations. There's no competing with countries where manufacturing is completely unregulated in terms of polluting and destroying resources(no enviromental laws), exploiting workers(no labor laws), and no tax laws.


An 80¢/hr. factory worker in a plant in Xian Shaanxi Province is not improbable, but impossible to compete with today. The only thing to do is wait until his wages go up 400%(better hope they unionize over there and quick), and our buying power comes down 50%. At that point, when he is making about $2.80/hr, then and only then will domestic manufacturing begin to return, and thats in a scenario where some enterprising fool doesn't open a new plant in Burundi, Ethiopia, or the Democratic Republic of Congo.


The only thing to do would be to put some protectionist measures in place, which our government will never do at the moment. If things get bad enough they might. We cannot compete