Not.
High labor costs include the reality that certain lower costs nations have national healthcare while we have the world's finest and most expensive healthcare system (and a series of foolish contracts).
But we also have a whole big bunch of undesirable products. And as the local industry damn well knows (or should know), a desirable product can be sold for a higher price. (It's called supply and demand. Detroit's flubbing the demand side and that has nothing to do with high labor costs.) Think BMW, think Apple. Detroit's pretty much all niches -- few models sell significant numbers anymore....
For more, see this.
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