Not really. Cheap labor is the major factor. Unless you can find Americans willing to work 14+ hours a day for $0.25/hour, it's simply an insurmountable factor.
Tell me how you address the factor above?. I mean, corps like GE over here already don't pay taxes, and still move their operations to China. So tax cuts ain't going to do it (they already pay none). Even if you get rid of minimum wage, and a bunch of other regulations, you still can't live in the US making the kind of money mentioned above.
Let's hear you multiple solutions to overcome that problem...

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