[quote=@Vilageidiotx]
Again it's a negation thing. American access to manufacturing would increase, but because manufacturing would then need to pay American wages instead of Chinese slave wages, the cost of living would increase. So long as investors require a certain cut, Americans workers are going to have to make up the difference. 

And don't get me wrong, I love the idea of making shit in the US. I'm not exactly financially stable, but when I can do it, I love trying to stick to local shit. Keeping my own community up seems ideal. And, you know, gives me and my people access to employment But there are problems that come from legally mandated protectionism. Aside from the cost of living rise, we'd also lose equal access to foreign markets for our exports, since they'd all have to compensate with their own protectionist measures to protect their own markets, which would slow the global economy in turn. 
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Casual reminder that China has been modernizing and enforcing labor laws. There will be no such thing as "cheap Chinese slave labor" in fifteen years and manufacturing our goods in China will become unsustainable for us.