The unnoticed and unmentioned 9000 pound gorilla in the room.
Automation is in the process worldwide of eliminating jobs that are suitable for lower-IQ people.
They won’t ever disappear entirely, but they will become a smaller and smaller part of the job market. This is a worldwide process, it is simply more obvious and farther along in higher-wage societies.
This was predicted in considerable detail 15 years ago in The Bell Curve. Every one of their predictions has come true and accelerated.
They wrote the book to encourage society to have a debate about what to do with those people for whom there is no real economic demand. IOW, those for whom there aren’t and won’t be any decent jobs.
IMO, another IQ point falls out the bottom of the economy every two or three years, and it is probable the process is speeding up.
"Bringing back manufacturing to America" would result in Chinese laborers being replaced by American robots.