We simply exported most of manufacturing overseas because government regs, taxes, and other factors have become hostile to the business environment for the past 50 to 60 years.
It is a basic fact that manufacturing is the keystone to economic vibrancy for any economy.
I know people sitting on millions nervous to invest it in this hostile climate. And America has been increasingly hostile to business for over half a century.
Where’s a Calvin Coolidge when you need one?