By the 70’s those countries out of action as a result of WW II were recovered or recovering and able to effectively compete. The smaller pacific rim countries came on in a big way. China is recent, say beginning in 2000 to be effective competition.
When you look back you do not see that the historical fact that allowed America such growth and market strength was the weakness of those countries that were truly devastated in the war.
Further, regarding 1776 and the early history, Massachusetts captured the textile industry that was pretty much English because it was cheaper to produce there than in England. That happened again when the textile industry deserted Massachusetts and moved south to not only better weather but lower operating costs.
The founding fathers were very much citizens of the world and knew the value of profit
the fact some manufacturing left is prima facie evidence that they were unable to make it here any more
BS. Except for Japan non of the Asian countries were manufacturing power houses. We gave them our factories out of stupidity and greed. It is simple as the Bert. We closed our factories and reopened in the Pacific rim. For no good reason except to gain a few pennies on the dollar which wnt to the corporate stock holders.
That happened again when the textile industry deserted Massachusetts and moved south to not only better weather but lower operating costs.,P.Moving South IN THE USA is WAY different than moving your factory to Mao land .
Turn in your patriot card and quit rewritting history....
Go Trump, go!