No.
The shareholder class underestimates it.
A lot of Americans realize that it's going to be hard, which is why we should have made an example out of the first guy to profit off of sending manufacturing off to the shores of a geopolitical rival.
No.
The shareholder class underestimates it.
A lot of Americans realize that it's going to be hard, which is why we should have made an example out of the first guy to profit off of sending manufacturing off to the shores of a geopolitical rival.
Unless we're just here to repeat canards from the 1990s given by financiers which explained why it was good to shut down the main employers for entire towns.
There are localized problems - and it's all very similar to the post-Thatcher UK - but you cannot be serious in imagining that employment would magically return to the exact spots it left. In fact that's one of the sub-problems OP talks about: so you want a US Shenzen. Where are you going to put it?
(UK equivalent: we're discussing keeping Scunthorpe blast furnaces open, so that we can have a "secure" supply of "domestic" steel .. made entirely from imported ingredients. Because the mines the plant was built to refine are empty)
Areas gutted, jobs lost and some lesser number of jobs with less benefits and pay created elsewhere.
So many political ideas seem to only be allowed to be discussed if you can add a garnish of racism or xenophobia to them.
Whereas when states that aren't behaving that way lose jobs, factories and industries to Mexico or China they're all "hey WTF" over it because they actually cared and didn't want that economic activity driven off.
Then later moved all 787 production there: https://news.ycombinator.com/item?id=24544139 https://www.thestranger.com/slog/2020/09/09/44441906/the-dea...
While the main articles seemed to have a good riddance tone, the HN comment section seemed to be more restricted in that view.
>It's hard to believe that the current Boeing leadership will turn things around with even less focus on quality and talented workers. Feels like they should be moving back towards engineering driven approaches.