What Would Companies Do To Stay Competitive If Cheap Overseas Labor Didn't Exist?

Dynamic comparative advantage essentially leads to the maximisation of economic activity. You don't seem to know much about the available gains from market forces. Indeed, the rest of your post simply demonstrates a complete innocence of how those market forces operate (and how new trade theory has necessarily enabled us to fully appreciate the gains from innovation)

Before you type, think! Thought isn't something to shun

 

Or, I could have actually read from the start of the post, and saw where you tried to take the conversation off course, and that no one called you on it.

Just disagreeing with your comment;

Referring to economics, or just use economic terms? I give examples of reality, and you reply with only academic distain. You say you aren't an academic. Do you get any real world experience at your day job?

With all the free education? I suggest the development of a "cultural distain" for education, based on being told they can't succeed without government help, and then government doesn't help.

It is intriguing that Asians don't seem to have suffer that malady. Maybe they have more experience on what is meant by "government help". Especially, the Chinese.

An economist would disagree with you.

 

No, you give enfeebled scenarios designed to hide from economic comment. Its a standard tactic and I don't have time for it today. Sorry. The darts is much more entertaining

 

Yet you keep replying. Don't let me interrupt your dart.

 

Most of that 'less capital overhead' is a result of employers not having to pay health insurance premiums. And, as a matter of fact, U.S. companies are sitting on $2,000,000,000,000+ in cash which they have used to buy 3% t-bills instead of producing anything.

 

Got this health insurance data?