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Mark F Mark F is offline
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Default reducing the cost of labor

Millwright Ron wrote:
It comes about by reducing the cost of labor, and this comes about by
transferring production facilities to that part of the world where
labor is the cheapest. It comes about by lobbying for "free trade"
such as the NAFTA and CAFTA legislation. This makes it possible to
produce products elsewhere and then import them here without paying
any tariffs. It also comes about by moving corporate headquarters
anywhere in the world where taxes are the least and incentives (such
as free land) are the greatest
Millwright Ron
www.unionmillwright.com

Years ago, a friend went on about the fact that TV sets were now
being made in MEXICO. My response was a happy one - none had been
made in North America for at least 10 years at that point. She
failed to see the good side... /mark