From purely a price perspective, sure. But there are other advantages to maintaining production capacity within our own country.
Plus, doesn't offshoring effectively push the whole world towards a common cost-of-living/income ratio? Great if you're labor in a struggling country, bad if you are labor in the richest country in the world.
From purely a price perspective, sure. But there are other advantages to maintaining production capacity within our own country.
Plus, doesn't offshoring effectively push the whole world towards a common cost-of-living/income ratio? Great if you're labor in a struggling country, bad if you are labor in the richest country in the world.