The idea that hourly labor cost is the overriding issue or cost is generally false, a story told by companies to get corporate welfare (including protectionism)

The idea that hourly labor cost is the overriding issue or cost is generally false, a story told by companies to get corporate welfare (including protectionism) and play the victim. They aren't sewing t-shirts; there is far more to the balance sheet than hourly cost; even focusing only on labor, there is productivity.