How high is too high for a minimum wage?

[Metaphorical]

13. Ask yourself this

Why are manufacturers buying from overseas in the first place?

I've watched this same phenomenon in tech. Corporate managers looked for ways to goose profits, and one key way was to use foreign labor in a form of arbitrage. Had the money they saved gone into R&D, to develop more efficient engines, better drive trains, etc., this may almost have been a worthwhile trade-off. Instead, the money went into dividends, and from there into luxury homes, high end cars, expensive trips, and so forth. It hollowed out the expertise of American companies, and made them in turn vulnerable to foreign takeover.

Many "American" companies are now majority-owned by foreign shareholders, especially in tech and healthcare, but manufacturing and finance is not far from the top. They really don't care if American consumers or workers are getting hurt - indeed, in many cases they are happier if they are getting hurt.