[Non-Sequitur]

I doubt that it will do anything to retain jobs. Business will go where the cost of labor is less, period. Drop taxes, and the savings will go to the profit column. Reduce regulations and thus cut business costs, and the savings will go into the profit column. The long term view of business almost never extends past the next quarter's financial statement and so long as it does then manufacturing and sevice jobs will continue to flow out of the country

[ClaireSolt]

I really don't think you show much knowledge or insight. Although labor costs are far and away the biggest line in a business budget, what most people around here refer to as cheap labor is not cheap at all. At 4.0 unemployment I found myself dealing with lots of felons and they presented many problems. Which is just a way of illustrating that productivity makes money, not just payroll size. Good workers are worth their weight in gold, and rational employers bend over backwards to retain them. I've been there and done that. Sounds like you have only been to union meetings which sought to protect workers who don't work.

[staytrue]

Business will go where the cost of labor is less, period

You are wrong. Business will go where the profits will be the greatest of which labor costs is but one factor in the formula.

[Bigun]

I doubt that it will do anything to retain jobs. Business will go where the cost of labor is less, period. Drop taxes, and the savings will go to the profit column. Reduce regulations and thus cut business costs, and the savings will go into the profit column. The long term view of business almost never extends past the next quarter's financial statement and so long as it does then manufacturing and sevice jobs will continue to flow out of the country

With that statement you have confirmed that you have little or no understanding of market economics at all as the price of labor is but one small consideration in the overall equation and competition for market share plays a very much larger role.