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The Biden administration wants to force wage hikes and increase regulations and taxes, which the White House claims will help workers. In reality, however, such moves will result in increased unemployment, offshoring, and outsourcing, as well as automation.
Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.
