3 ms·

This isn't unforeseen. The bind is understood and being anticipated, hence the recent incentives to build factories in the US. What we are seeing is the 'uncom

This isn't unforeseen. The bind is understood and being anticipated, hence the recent incentives to build factories in the US. What we are seeing is the 'uncomfortableness' of shifting gears. US workers adapting and learning, populations moving, etc... Everyone complained when jobs left. Kind of funny we complain when jobs come back.

namaria 3y ago
Foreseen doesn't mean fixable. The scale of production achieved in East Asia is unique and doesn't look reproducible elsewhere at the same price points.
- Nasrudith 3y ago
  The same price point is the bit which they already surrendered upon by subsidizing production locally.
  - namaria 3y ago
    Which would indicates my analysis is aligned with that of American and EU policymakers.