Quote: If something costs less down the street, don't you go buy it there? You do not shop around for the best price?
I realize this is a global economy but doesn't somewhere US companies have any loyalty to US workers. Even a smidgeon??
You mention gov. regulations are a factor in business cost and I agree 100%.
However lets say for argument purposes a US company has zero regulations to contend with on american soil. However the wage for a US worker is $20 and they can go to China for 1.00 per hour. They are going to go to china my friend. It is all about profits..which it should be, but again, should there not be any loyalty whatsoever to american workers. (Even with companies that get money from US taxpayers.)In todays age there is not.
You free traitors that think your job cannot be outsourced (and tell the ones that lost their job to suck it up-be man etc, move to another local etc )should read a report that was on this site today or yesterday. China even wants to get into financial services.
Architecture and other "outsource proof" jobs are next.
We are going down a lsippery slope.
better education? to hold what jobs? service sector jobs? people are already tuning out of colleges and increasingly going to vocational schools. even if we eliminated all litigation in the US, and dropped all our environmental laws - we still could not compete with wages in china. their low standard of living and artificial currency peg guarantees them the advantage. what we should be doing is using tariffs to level the playing field.