Burroughs said:
the time to halt the job flight would have been 20 years ago, but the middle classes did not accurately perceive the threat...today the middle class is all but extinct.
the mistake is to look to politicians for solutions....politicians have no real power...they are beholden to special interests....and are there to give the illusion of choice to the lumpen masses while real business takes place behind the curtains.
I love this. So do tell exactly how one would "halt" the job flight? Because the "problem" is actually easily illustrated via America's love of Walmart, aka cheap ****:
You have a product. It takes $5.00 of materials to create, and 4 hours to build. Country A has wage controls, saying minimum wage is $25/hour. Country B has no minimum wage, and accordingly prices the labour rate at $1.00/hour.
Given the above, said product will cost $105 to create in Country A, and $9 to create in Country B.
The middle class in the USA doesn't want to (or simply can't afford to) spend $105 for a T-shirt produced in Country A (ie. "Made in the USA"), so instead they go to Walmart and buy Country B product for $9.00.
It really is as simple as the Western countries pricing themselves out of the market. The above is exactly what happened in the American textiles industry, and is what happened/is happening in the automotive industry with regards to hefty union wages. Cost of labour is simply higher in the western countries vs. offshore. And even if a company did want to buy "made in USA" material/labour, the cost of the finished product wouldn't move off the shelf, and that company would go bankrupt.
Jobs moving offshore is simply a matter of SUSTAINABILITY, not profiteering.
As an aside, a disfunctional political system, a ridiculous legal system with regards to drugs/crime, limited job opportunities, and unbelievable political contribution/donation rules, leads one to believe that the US is either in for a serious change-up (not likely) or a slow decay (more likely) in the near future.