Fewer jobs in the USofA means fewer consumer dollars and lower tax revenue. I worked with someone who sold automotive parts globally. He commented on how he could lose a sale on just pennies per part USA versus China. Just think how China was transformed in our lifetimes from virtually a third world country to a Communist financial behemoth. This happened by cash and jobs flowing away from the US to China.
Now we are spreading the wealth to India. TATA anyone?