Its not low labor costs. Its US income tax rates, that were, BTW, just raised again. You can't expect to come tromping into US companies with your tax handgun drawn and leave with 44% of their profits and have them survive international competition.
The solution? Repeal absolutely ALL the income taxes, every one including corporate, individual, self-employment, capital gains, inheritance, gift, alternative minimum, social security, medicare, every one of them, and the 16th Amendment, and instead pass the
Source: http://rss.slashdot.org/~r/Slashdot/slashdotScience/~3/wNUALK5vjiE/story01.htm
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