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689 points taubek | 1 comments | | HN request time: 0.001s | source
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Clubber ◴[] No.43631933[source]
>The second thing we see is that Asian manufacturing in Asia produces US jobs. You go to Footlocker to buy a pair of $100 shoes because you can afford them. This creates jobs for the Footlocker employees, Nike designers, marketing teams, and other US people throughout this chain.

In all fairness, most of those jobs would still exist if manufacturing was brought onshore. The fact that they were manufactured in Asia makes no difference here, except for perhaps the longshoremen that was included in "other US people."

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ravelantunes ◴[] No.43632163[source]
The author’s point is that the lower cost of goods coming from Asia results in increased demand, which then generates more jobs in the post-manufacturing part of the chain.
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xienze ◴[] No.43632322[source]
That completely discounts the strategic value of self-sufficiency. I mean, why not outsource ALL manufacturing and agriculture if someone else can do it cheaper? Surely that wouldn't come back to bite us, right?
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1. basisword ◴[] No.43632527[source]
Self-sufficiency is irrelevant to the discussion above. If prices go up, Americans can buy less, and the number of non-manufacturing jobs at these companies will go down.