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Seems like it's mostly about traditional manufacturing, or the lack thereof. Energy price spikes (2008) kill off energy-intensive businesses. But even when pric
by rdiddly 10y ago
Seems like it's mostly about traditional manufacturing, or the lack thereof. Energy price spikes (2008) kill off energy-intensive businesses. But even when prices come back down these businesses don't start back up in the US, because a competitor in China has already expanded to fill the gap, and they do it cheaper.