“Labor” is typical whine of anti-freemarket forces. There is some truth to it, but the primary thing driving business out of America is taxes not labor.
“the primary thing driving business out of America is taxes not labor.”
There’s many things involved:
1. housing costs
2. health care costs
3. regulations
4. labor unions
5. insurance costs
6. essential part suppliers are often in Asia
7. “worker” attitudes
8. China market access
9. choice of having a Chinese partner or Chinese competitor
So, we either tariff or die.