Re: Good for competition?
Great, so instead of importing people do do the jobs in the US, they'll just offshore the jobs to wherever the people are.
Nope: In many of those places they will cut your hand off for stealing or you get a trip to the organ banks. No bailouts in the 3'rd world, it's the chop or the bullet! Maybe a lynching. Not a good life for our bankers.
Corporations simply want the 1'st world bennies but not any of the responsibilities that go along with that.
Our spoiled-rotten CEx classes would simply not last very long without the protection, nursing and support from the societies and governments they publicly undermine at every speaking opportunity.