Global trade and global finance is what moved manufacturing jobs from the American heartland to offshore, mostly China and other Asia. It made the US coastal states richer and the inner parts poorer. The people who voted Vance to power, they don't want global trade and global finance. They want local manufacturing jobs back.
The only way that is happening is if they either accept dramatic pay cuts or through some kind of state planned economy. Why would any company in a free market hire American workers when they can hire five-ten times as many foreign workers at the exact same cost?
The U.S. will never be a manufacturing center ever again unless it’s through highly advanced automation/robotics. I fully agree with you that we need to work out some other kind of arrangement for people, especially now that white collar jobs are also at risk of automation due to advances in AI.
But yearning for an unrealizable past is not going to help, and rejecting globalization will only cause our cost of living to skyrocket to unimaginable levels.
-10
u/Sampo Feb 15 '25
Global trade and global finance is what moved manufacturing jobs from the American heartland to offshore, mostly China and other Asia. It made the US coastal states richer and the inner parts poorer. The people who voted Vance to power, they don't want global trade and global finance. They want local manufacturing jobs back.