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Interestingly, I remember in the 90s when offshoring really started to take off beyond just steel and some manufacturing, the response from the politicians was
by hiram112 10y ago
Interestingly, I remember in the 90s when offshoring really started to take off beyond just steel and some manufacturing, the response from the politicians was that BS about rising tide lifting all boats.
Then somewhere in the last 10 years, the mantra was that some sectors would be worse off with globalization, but if you got an education, you'd be fine. So everyone went to college and ignored the blue collar guys getting screwed.
Now we see the legions of indebted college grads living at home at 30, PHDs working part time as baristas.
Should have got stem degree, is what we're now told. Tell that to the guys who had to train their own replacements on H1b visas.