Quote:
Originally Posted by ColdNoMore
To set the record straight, it has been demand from consumers who wanted low prices and stockholders who demand maximum stock appreciation for 4+ decades...that resulted in off-shoring/foreign manufacturing.
The fact that some American industries, such as automotive manufacturing, thought they could build vastly inferior products and shame people into "buying American"... exacerbated the problem.
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Besides which many foreign automobiles are built in the US, providing jobs here.
There are many sides to that story. Some say the real thing that killed manufacturing jobs was automation.