alt Hacker NewsPeople idealize US regaining manufacturing glory is like climbing from 1/5 back to 5/5 US industrial peak. Meanwhile is PRC grew he denominator and working at 20/20 scale. Ultimately 20 > 5 > 1, but better 5 than 1.
People idealize US regaining manufacturing glory is like climbing from 1/5 back to 5/5 US industrial peak. Meanwhile is PRC grew he denominator and working at 20/20 scale. Ultimately 20 > 5 > 1, but better 5 than 1.
I mean...we're destroying advanced manufacturing where we make expensive things in exchange for cheap manufacturing of basics like textiles where tariffs of 1000% would be needed to make U.S.-made goods competitive. Exchanging high-paying jobs for poverty wage jobs.