re: I'm all for more U.S. jobs, but things will cost more.

quote:

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And we're assuming that they will change? With a higher cost of labor, are they also going to increase their costs there too?

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Yes, we're all assuming this. Except those that assume instead of importing from China, we'll just import from Singapore. But outside of that reality, price are going to skyrocket. Especially food. Sky rocket. Except they won't. And we'll all know this in another five years or so. But then we'll argue CPI and inflation, and forget about wage inflation and the value of the dollar relative to something else. We'll quote great economists, and simpletons will merely ask, am I better off now then I was five years ago? And that will be the real answer. No matter how hard some try to argue it away.