We have too high a general tax burden, too much regulatory State, and Unions who have lost their minds...
And people wonder why it’s more expensive to do business here?
So... What should we do about it? Make off shoring illegal? Punish those companies with fines?
Or should we scale back the Federal burden on our economy to help make our labor competitive again and enact monetary policies that make our currency worth more than the paper it’s printed on...
I investigated moving my company to California a few years ago (yes I am a sucker for punishment but loved living in Tahoe when I grew up there). I manufacture small aircraft parts. Part of the process is coating the parts with zinc chromate. In six months I would go through MAYBE 1 quart for the parts that required the coating. The state regulations alone are nearly impossible to comply with. You can buy rattlecan for your boat for 10 bucks a can and spray parts all day long. BUT because I am a business I would have to install 10s of thousands of dollars of equipment and regulatory fees. The USA is run by people who simply do not want new business.