What copprhead is saying is the financial culture of the world has changed. More competition overseas forces American businesses to be more competitive and that starts and ends with paying resources cheaper wages. If it's not HERE, it's over THERE.
You would do the same if you crunched the numbers in your own business and a bean counter said "Hey, we can get the same labor force, producing the same product, in China, for 1/2 the wage price"
It is NOT corporate greed, it's a matter of common sense in a capitalistic business world.
So, in essence, our USA, as predicted in the late 20th century, is slowly transforming into a Service Industry payroll with min wage jobs while the jobs requiring education move overseas.