...the real problem with American manufacturing as the article alludes is that American labor is, thanks to labor unions, simply too expensive to be competitive with labor around the world. If big labor didn’t, thanks to government, have such a stranglehold on the manufacturing sector and if we had a friendlier tax and regulatory environment for manufacturing in general (we have the second highest corporate tax rate in the world) we’d have more manufacturing in America.
Monday, September 7, 2009
Another day, another czar
And some comments about the state of manufacturing in the US. Huh. Could manufacturing be suffering because of unions? Huh.
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