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It's the catch 22 that our economy has fallen into.
China has a corporate tax rate of 25% compared to the current US rate of up to 39%. Factor in the labor rate in China and it's easy to see why jobs have left the US.
This is NOT Obama's fault. This started seriously during Clinton's administration and Bush didn't do a thing about it.
There is a lot of discussion about how to get jobs back, but until something is done about the huge disadvantage we have here in the US it will be a real challenge.
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