We are not short or jobs, we are short of workers....at least as a nation, locally the situation can be different.
Not true. While the unemployment rate looks good, the workforce participation rate is still far below historical norms.
People have stopped looking for work , work only part time, or are under-employed.
The tax rate matters, but cheap labor notmally matters more. Companies move headquarters to kow tax places, manufacturing to cheap labor places.
Low labor costs certainly are a factor but not as significant as once was due to automation which can be quickly built anywhere in the world. While labor may be cheaper, so is the production of an under-educated workforce. Of greater concern are stupid regulations, product liability laws, mandated benefits, EPA, OSHA and even local municipal harassment.
There is no silver bullet....not low corporate taxes because the revenue needs to be made up from personal taxes which means wages need to go up and corporate costs stay about the same.
The silver machine gun bullets result from an expanded and growing economy, lower taxes leaving resources for investment, massively reduced wasteful spending, better education of a potential workforce. Wages cannot be legislated; they are a direct result of productivity. Low wages usually means low productivity, an uneducated workforce and increased governmental or union interference.
And not more or less regulation repenting on which side your on because liability is impacted and again costs may not change much overall.....its about balance.
It is primarily about regulation and liability exposure that stifles innovation. Why are all flat screen TVs, computers, cell phones made overseas? Machine tools, household appliances, automotive components, shoes and clothing are all following the same path.
It becomes very clear that the leftist, socialist, Democraps and their brainless followers do not understand the basics of economics. Not one bitcoin. They want paid leave, free tuition, short hours, equal pay for less work, and think the wealth that has accumulated in this country belongs to them, not to those who worked to obtain it. They are under-educated or mis-educated, ignorant of history, violent, and living a parasitic life style granted only by the charity of a patient American people. That will not continue forever; there will be a massive backlash at some point.