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842 points putzdown | 3 comments | | HN request time: 0.553s | source
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tbirdny ◴[] No.43693100[source]
America doesn't underestimate it, its president does.
replies(2): >>43693230 #>>43693303 #
1. balozi ◴[] No.43693303[source]
For better or worse the man is exposing the mindboggling scale of deindustrialization that was hidden underneath America's transition to a "knowledge economy". Decades of failed economic policy has led America to this point.
replies(2): >>43706074 #>>43708368 #
2. DebtDeflation ◴[] No.43706074[source]
Unfortunately, that ship sailed a long time ago. Why is no one in the administration paying any attention to the outsourcing of high skill knowledge work to India and elsewhere? Obviously I have a bias working in technology, but it seems to me to be a much more CURRENT issue and one that can actually be addressed in the present.
3. themaninthedark ◴[] No.43708368[source]
That job retraining is going to happen ANY DAY NOW I tell you, and then those textile workers are going to be so glad that they can be call center workers.