Fact check: What are the main reasons corporations choose to leave the United States market?

1. Summary of the results

Based on comprehensive data from Harvard Business School surveys and other analyses, corporations leave the US market for several well-documented reasons:

• Lower wages abroad was cited by 70% of executives as the primary factor ^[1]
• Access to skilled labor overseas was mentioned by 31% of executives ^[1]
• Complex tax codes and lower tax rates abroad ^[1]
• Less stringent and less expensive regulatory environment ^[1]
• More attractive incentives from foreign governments ^[1]
• Proximity to growing markets ^[1]

The scale of this exodus is significant, with companies choosing to leave the US in over 500 out of 600 relocation decisions ^[1].

2. Missing context/alternative viewpoints

Several important contextual factors should be considered:

• Not all overseas relocations are successful - some companies experience "buyer's remorse" due to unexpected challenges like rising wages and transportation costs ^[1]
• Companies like Hewlett Packard and General Motors have moved jobs abroad without clear strategic vision, potentially harming their long-term competitiveness ^[2]
• 42% of relocations involved critical areas like research, development, and engineering, suggesting a potential long-term impact on US innovation capabilities ^[1]
• Popular destinations include China, Mexico, Indonesia, and Vietnam ^[3]
• Union demands and domestic labor cost structures also play a role in these decisions ^[2]

3. Potential misinformation/bias in the original statement

The question itself might be oversimplifying a complex issue:

• Some sources connect corporate exodus to broader conspiracy theories about globalization and the "Great Reset" initiative, which was launched by Prince Charles and Klaus Schwab in response to COVID-19 ^{[4] [5]}
• These theories have been used to delegitimize government policies and portray them as part of a broader globalist agenda ^[6]
• The narrative benefits multiple stakeholders:

Corporations benefit by justifying cost-cutting measures

Foreign governments benefit by attracting investment

Anti-globalization activists benefit by using it to support their narrative about eroding national sovereignty

The original question doesn't acknowledge that some relocations are driven by poor strategic planning rather than genuine market advantages ^[2]