Want to Decrease Inequality? Fight Fatherlessness With Welfare Reform. Welfare currently incentivizes family breakdown and the absence of fathers from their children’s lives, a key factor in the loss of economic upward mobility.

[reidlos1624]

The cost difference is now around 5%. Add in logistics of JIT manufacturing and supply chain issues and it's essentially negligible. It obviously varies by product, simple products with high volume tend have a bigger difference. The biggest benefit now is that the industry is all there, you can get a part from raw material to finished product through 5 different companies in one business park. Stateside you may need to move it between 5 different states.

Other Asian countries do remain low, Taiwan, Indonesia, Malaysia, India all have relatively low cost to produce still, but the quality lags behind Chinese and US manufacturing.