Bump!
“We’ve given up our role as the manufacturing colossus, which blinds us to the reality that the times, they are a-changing — again.
“For decades,” writes James Fallows in The Atlantic magazine, “every trend in manufacturing favored the developing world and worked against the United States. But new tools that greatly speed up development from idea to finished product encourage startup companies to locate here, not in Asia.”
She starts with an incorrect premise. The USA’s manufacturing decline was greatly overplayed because the decine was in unionized employment. Manufacturing output as measured by gross value has remained steady. However the level of employment has decreased dramatically.
Our challenges are not the Chinese or any third world sweatshop they are from self inflicted wounds based on our policices in trade, energy, enviromental, legal, labor, monetary, and etc..
Countries are brings their brain trusts here and hiring thousands of American scientists and engineers, many of the start up tech companies in the US are started by people from over seas.