2 ms·
The US has a lot of high end manufacturing. Where do you think all the aerospace tech and advanced weapons systems are built? It's the low end manufacturing tha
by pishpash 9y ago
The US has a lot of high end manufacturing. Where do you think all the aerospace tech and advanced weapons systems are built? It's the low end manufacturing that has gone overseas.
The whole thing of turning the clock back is quixotic. Did the US benefit over all from this change and does it continue to do so? Yes. Are there winners and also losers? Yes, and crucially the gainers gained more than the losers lost. The problem then seems to be one of distribution of gains, and you can solve that by fairer redistribution. All that turning the clock back does is to make the country poorer on average, and it's a very roundabout way to achieve redistribution.
This question will inevitably come again with robots and there will be people who want to turn back the clock then too, but they will be called luddites.