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I get the point, but corporations care more about their own profits. They will continue manufacturing in Asia for the foreseeable future, since it is too costly
by coliveira 5y ago
I get the point, but corporations care more about their own profits. They will continue manufacturing in Asia for the foreseeable future, since it is too costly to open manufacturing plants in the US. The government would need to do something momentous to change this, which I don't see happening.
- ajsnigrutin 5y agoAs it seems, they are already unable to manufacture in asia.
- coliveira 5y agoYou don't seem to understand that there is a shortage of workers here, and we're not even producing anything! The labor is not available even to transport and sell the products. Imagine if this country tried to manufacture things... Unfortunately, for the foreseeable future the market has no choice other than continue to buy from Asia.
- ajsnigrutin 5y agoIf you raise wages, the workers will come.
- JanisL 5y agoThere is absolutely no shortage of workers at the lower end of the skills range, there is however a big monetary issue at play that prevents people from hiring people locally in a number of different situations. On top of this there are regulatory and taxation imbalances that make certain industries unable to compete with foreign firms that don't have those issues. The problems are frequently the price of labor not the raw availability of labor, people certainly will take on jobs if there is enough pay to make those jobs worth taking.