Have you considered maybe American companies simply aren't competitive enough compared to the local players. American products are often too expensive because the companies want high dollar profits to show their shareholders, even if the cost of production, which is often outsourced, doesn't justify the high market price.
Also, as time goes on the skills of the entire world population is being equalized. That is to say, the skilled labor market is becoming global. When that happens American workers and middle class simply can't keep enjoying the high wages that are currently prevalent.
Unless of course, you want to start a new era of imperialism and force developing economies to confine themselves to the lower end of the value chain.
Also, as time goes on the skills of the entire world population is being equalized. That is to say, the skilled labor market is becoming global. When that happens American workers and middle class simply can't keep enjoying the high wages that are currently prevalent.
Unless of course, you want to start a new era of imperialism and force developing economies to confine themselves to the lower end of the value chain.
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