Quote:
Originally Posted by Bob Nodine
I think the only way that China skunked us into moving so much of our manufacturing off shore was by using subsidies where their government helped defer some of the cost of manufacturing. Its nice to say you want less government but when playing on the world scale you have to expect your competition to cheat. If we are going to bring manufacturing back home we need to do more than traffics. In my opinion traffics just move the water around in the balloon.
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It was really pretty simple... no "skunks" needed. China just used the same government "corporate welfare" subsidy strategy that has been used for YEARS in the U.S. - like the ones used to build sports arenas, lure Amazon warehouses, etc. Oh... and don't forget that ultra-cheap labor. Funny how I didn't get a "20 year tax deferment" from the local government when I moved to my current house...
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