Germany was smart enough not to nurture, not outsource or drive away, its manufacturing base. In the US, the focus is on short term profit. The fact that the US has to borrow to maintain its lifestyle does not bother our companies one whit. When the time comes, they figure they can always sell to whoever has the $$.
“Germany was smart enough not to nurture, not outsource or drive away, its manufacturing base”
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Well said and spot on.
“Germany was smart enough not to nurture, not outsource or drive away, its manufacturing base. “
There used to be a time when the USA protected its jobs and its industry. For nearly 200 years the United States used protective tariffs, not only to bring in revenue, but also make the USA strong. IT worked!!
The decline in the USA, the loss of good paying jobs, the deterioration of our infrastructure, coincides with “free trade” and the steady elimination of those tariffs that the Founding Fathers instituted.