Mass exodus to profit by 3rd world wage ‘competition’ is what has killed our ecnomy, not our ‘reluctance’ to enter into new technologies and fields. It was swift and broadly encompassing. Not only was there no time to adjust, not only did it happen to every area of manufacturing and production, but was done in the name of corporate (also meaning our 535 and governmental ‘representatives’ investments) and international money interests, NOT the interests of an American Economy, based on American values and standards of living, and promotion of such.
Now, not only is this continued, but the only answer we hear is that continued nannying is the only answer.... jobs AREN’T coming back and it’s the end of the story. So, expand government, it’s agencies, welfare, and don’t address the real problem; instead, ‘usher in the New America’, dependent upon government.
I won’t buy into that. The real answers are there, and this ‘oh,my.... we didn’t know the Chinese would react THIS way’ slap in the face and threatenings may, just MAY wake all of us up enough to take America back.
Actually, the subcontracting is done to enable the companies to have products to sell. Had they not found manufacturing subcontractors elsewhere they would have been out of business. No one would buy their overly expensive products.
The concept of neo slavery is a joke to young workers earning a good living in China making stuff rather than starving in a rural village.
It is called competition.