Some facts have to be acknowledged in light of offshoring
1. The US unemployment rate is much higher than the published rate; the published rate only counts those that are still technically in the job market, not those who stopped working more than six months ago.
2. Manufacturing jobs are declining worldwide. It is almost impossible for the US NOT to lose manufacturing jobs.
3. Excessive US regulation has decimated the US manufacturing base. We are losing far more manufacturing jobs than we would be in a truly free economy.
4. Any attempt to stem the flow by placing tariffs or regulations on producers will simply cost more jobs. The only way to end the problem is to deregulate the US economy; ending the corporate income tax is one way. Ireland cut theirs in half a few years ago and saw their export industry boom.
Not to mention all the people here in the U.S. that are not counted in the unemployment data.
Manufacturing jobs are growing world wide as the population increases so goes the demand to produce. Do you have a source that supports that claim....I’d be interested in reading why you feel that thats the case.
Excessive regulation is indeed stunting manufacturing growth in the U.S., but on the flip side, many of these regulations are needed to protect the health and well being of the environment and the worker.
China dumps waste at will in their waterways, Mexico has little environmental controls....ever seen how polluted the air is in various Mexican cities?
You make very good points to be sure. I work for a large fortune 500 company and we do lots of business internationally. I must say, India, China, Indonesia, Mexico to name a few have horrible human rights, worker safety, and environmental records.
Long hours, if not slave labor, little benefits, paltry wages.....trade with these countries is not and has not been negotiated in such a way as to favor the American worker.