2 ms·
The answer is of course deregulation. Not only is labour cheaper in China, everything is. The USA is uncompetitive not because we don't have technological prow
by randyrand 10y ago
The answer is of course deregulation.
Not only is labour cheaper in China, everything is. The USA is uncompetitive not because we don't have technological prowress, or enough land, or enough resources; it's because our laws have made US manufacturing too expensive. There is no other answer.