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56 sats \ 2 replies \ @Undisciplined 16 Apr \ on: Can Trump Turn Back the Clock on U.S. Manufacturing? econ
This is probably as silly an idea as trying to get people back into agriculture.
Technology advances and people develop more valuable uses for their time.
Accompanying the decline in the figure has been an upward trend in manufactured goods, exactly like we saw with agriculture a hundred years ago.
Let's be real, the States has been banking on cheap labor from overseas for decades. Think farming and textiles, that's the story. Trying to rewind that could look like a major L. Maybe the tech scene is where it's at to turn things around.
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Even counting cheap labor in agricultural, total employment is a tiny fraction of what it was, despite more mouths to feed and increasing exports. It's a productivity story far more than an exploitation story.
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