I think the linked article is one of the most informative and insightful articles I have read in a long time. I didn't have the understanding that only a portion of the cost of production delta between the US and China was labor, a good portion is the cost of intellectual property being taken from us.
America's most innovative industries are being robbed every day on the floors of Chinese factories. Here's how to make it stop.
William J. Jones has money worries. Of course, all CEOs worry about money, and as chairman of Cummins-allison, a business that's been in his family for three generations, Jones frets about keeping his customers, paying his 1,000 employees, and financing his company's plans to keep growing. But Jones also worries about money itself, the physical stuff you hold in your wallet or let jingle in your pocket.
He worries about how to tell the real stuff from a profusion of fakes, and he wonders whether his customers are using the best ways to check and count the money they collect. He worries that the United States isn't doing enough to ensure that the money that runs our economy is secure from the machinations of rogue foreign governments and crime rings that work every day to undermine the integrity of the dollar with counterfeits.
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