“There is evidence here of reshoring because of transportation costs and lead times,” Mr Bergmann said. “The global supply chain allows you to chase lower cost of labour, but the total costs are reflected in the decision on where you produce for a given geography.”
The decline of the American middle class have finally reached the point that American workers can compete against Chinese peasants. Victory is in sight!
With any luck our corporate masters will soon be installing suicide nets outside our factories.