It’s not all about labor rates. It’s about regulation. OSHA, EPA and taxation of captital. Industries like plastic injection molding and metal stamping were disfavored in all these areas and year after year became less competitive on a world scale. I lived it as a machine tool distributor. Every year I lost customers as more of them went out of business and the remainders downsized.
So you BELIEVE that if OSHA and the EPA didn't exist the sellout of us industries over the last 20 years would have played out differently? You are full of it. I would get rid of both of those agencies but doing that would have no effect on the sell out. EPA and OSHA are perfect scapegoats for the GLO-BULL-IST