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"Bullshit. It was greed"
You know nothing about me or the textile business, Libtard. I grew up in the textile center of the world, Greenville SC. There were dozens of mills in the region, employing hundreds of thousands on three shifts a day.
1.
For U.S. textile manufacturers, NAFTA created increased competition from Mexican manufacturers, who could produce textiles at a lower cost. As a result, many American companies struggled to compete, leading to further job losses and plant closures.
Other trade agreements, such as those with Asian and Latin American countries, further opened the market to foreign competition, making it difficult for U.S. textile mills to compete with low-cost international labor.
2.
Textile Mills Effluent Guidelines
The EPA promulgated the Textile Mills Effluent Guidelines (
40 CFR Part 410) in 1974, and amended the regulation in 1977 and 1982. The regulation covers direct discharger facilities. The Textile Mills Effluent Guidelines are incorporated into
NPDES permits. This made manufacturing more expensive. Yes, we all want clean air and water.
3. High corporate taxes make competition from low-tax countries difficult to compete with. One textile state only changed the tax law in 2014,
Textile industry comes back to life, especially in South - USA TODAY
Feb 5, 2014 The North Carolina legislature boosted its business climate in 2013 by lowering personal income tax and corporate income tax rates. The corporate income tax will drop from 6.9% to 6% in 2014 to 5% ...True, textile manufacturing in the U.S. dropped precipitously in the 1990s and 2000s as cheaper labor drew jobs overseas. Automation and increased productivity of textile mills also cost jobs. More than 200,000 textile manufacturing jobs have been lost to automation in the last decade.