> Which turned out to be worst of possible policies. Depends on your metric. US companies gained the ability to outsource to low-cost china and this has been

> Which turned out to be worst of possible policies. Depends on your metric. US companies gained the ability to outsource to low-cost china and this has been fantastically profitable for them. For the average US citizen, they did benefit from a massive influx of cheap goods and cheap debt at the expense of hollowing out the economy. As it says on the back of most Apple products - "designed in California made in China". Could be made in the US as well, but too many rules, too inflexible, too high labour costs. https://theweek.com/articles/478705/why-apple-builds-iphones-everything-else-china https://theweek.com/articles/478705/why-apple-builds-iphones... I'm certainly not picking on Apple, most US companies outsource but the Obama/Jobs question really hammers the point. Probably not a long-term sustainable strategy but i did work for many years.