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(V): No foreign cheap labour source ... basically no more "99c" stores.
Okay, so everything would cost more, but nothing else would change, would it?
If manufacturing came back here, unemployment would go down, but wages would go up, then it would still be cheaper to manufacture in China, even at minimum wage, so we would be right back where we started, except now, instead of 99 cent stores we would have 5 dollar stores!