You are already paying the price. The Apple gadgets are sold with extremely high profit margins, and at the same time you actually invest in China's economy and development, while at the same time your own home country loses the capability and the know how and the work force to manufacture and assemble these products. Since your educational system is so broken and expensive, you have already been "importing" most of your intellectual work force (up to the higher and even C-grade management level) for decades. I'm not sure if Trump really understands what he's talking about, but at least his gut feeling is certainly right about this one: If you outsource your production, you kill your own industry, economy and future -- and build someone else's industry, economy and future instead. First Japan, now China has become "the factory of the world". First production in Japan became too expensive, now the same is happening in China already. Yes, history keeps repeating itself, because the economic mechanics are still the same. So maybe in a hundred years or so production will come back to the West, because by then we have sunken back to Third World status.
Lol, I didn’t finish reading all that utter NONSENSE, but I’ll respond to the bit I could stomach...
Anyone that thinks moving American jobs towards industrial revolution era style work, would be a movement AWAY from becoming a 3rd world country & not TOWARDS is simply so bent, I have difficulty fathoming.
Sounds like random pontificating from someone that’s never had to work for a living. Trust me, the working class isn’t clamoring for you to reopen coal mines & iron smelts, lol.
Anyways, I think pretty much most intelligent and/or even mildly aware people by now strongly believe that the next step FORWARD from service economy (1st world country), to.... well, whatever comes after that- has something to do with AI.
Opinion on what that is going to look like varies... but most experts are saying that in the next dozen years or so we should see about 40% of jobs here in America replaced by AI (nearly 100% of the menial labor ones!). So, while the smart money would want their own country to win this INCREDIBLY important race & show leadership to the rest of the world, as to what a post 1st world country/service economy looks like, one where it’s citizens are not even exposed to what I’d consider garbage dull repetitive labor jobs... you’re busy calling for the EXACT opposite?!
“Forget automation! Build old school factories & fill them with bodies!”, that’s your cry?? Brother, you are on your own.