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and basic manufacturing Everybody brings this up, but the reason manufacturing was sent overseas was because of technological progress. If you can't even conv
by dstein 16y ago
and basic manufacturing
Everybody brings this up, but the reason manufacturing was sent overseas was because of technological progress. If you can't even convince Americans to pick their own peaches anymore, how are you going to convince them to make their own sneakers like they do in Indonesia?
cheap renewable energy
Coincidentally, the cheap labor overseas might make this a reality in the form of inexpensive thin-film solar panels.
- jganetsk 16y agoManufacturing was sent overseas because of cheap labor and plenty of available raw materials in other countries. Am I wrong? Inexpensive thin-film solar panels made by cheap labor might be a net win, if we spend less on solar panels then we do on oil. We just need balance of payments, we don't need to make EVERYTHING here.