I disagree.
Our industrial base, is in large part moved there.
They are very strong. Do not underestimate what we are up against.
Not at all. But it will only get worse, from here.
with nearly 30 years of mfg experience I would argue that YES manufacturing has moved there, BUT not all manufactruring.l. I was looking to potentially buy 5 manufacutrer’s in Ohio alone this past year... solid customer base prior to the tax breaks. I’ve been to the Chinese facilities ... many aren’t up to par... they pump out product and anticipate failure...independent of use. Most of my background is med device. I shudder at what I find there that is accepted as supplied.
We have more than enough opportunities to reverse the flow.