Quote from dddooo:
I think the article speaks about the entire country, it's using Portland as an example. How come all these regulations did not bother business during the 90s and they are suddenly an issue now? Oh, and do you really think there are no regulations in India, China and other countries? Huge bureaucracies, corruption and government incompetence, confusing and convoluted taxation, no legal protection, legal systems based on cronism and bribes... They are not exactly developed and civilized societies and some of them are not even democracies.
The real reason is that if an employer has a choice of hiring an american engineer and paying american salary (let's say $50,000 and benefits) or hiring an indian engineer and paying $5hr the employer will hire an indian 10 times out of 10 regardless of taxation and regulation issues in both countries. And when american employers hire chinese and indian workers, chinese employers hire chinese workers and indian employers hire indian workers it's only a matter of time before America loses its middle class.