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Oh, it's worse than that. The companies who moved production overseas are the ones who taught them the advanced manufacturing technologies necessary to make the
by UncleEntity 1y ago
Oh, it's worse than that. The companies who moved production overseas are the ones who taught them the advanced manufacturing technologies necessary to make the now offshorn products (looking at you, Apple).
While being able to walk into a Walmart and buy a microwave for $20 is good for 'society' its not so good if you want to onshore microwave production and have to compete against these 'Everyday Low Prices' coming in from overseas.