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Reminds me of a US based outboard mfg. complaining about dumping by the Japanese... Never a mention of how Japanese products are priced higher than US but still seem to thrive. My Toyota 4 Runner is signficantly more expensive than many US competitors but it still sells pretty well.
Lurch is right on about the labor market. Its a global market and if the additional cost of distribution from Asia can be overcome by labor savings while at the same time maintaining or improving quality, its a pretty simple equation. When composition of a product is largely lower skilled workers, bye-bye...
Interesting idea about education. I think it works in theory, but in practice it is a stretch... the teachers union is just too powerful!!!
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