Because labor is a commodity like any other and the ‘free trade’ mentality we have allowed them to flood the market with cheap labor and then get the factories moved there. At that point they can do whatever, especially raise prices to nearly what it was before (or beyond) since the burden of costs to relocate back here are higher.
It’s no different than if it’s jobs or ram or cars. Typically we’ve prevented other companies from market flooding as an unfair trade practice. We gave up all that happy stuff over the last 25-30 years entirely and we have what we have now.
Great move by us, eh?
Absolutely. Remember that the Erie Canal was dug by hand using Irish immigrants. No need to do it that way anymore.
not yet, but textiles are already relocating to Bangladesh etc.