interesting read. Thanks for sharing!
The change in the USA from a manufacturing economy to a service economy is a huge issue that neither party has appeared to address in any meaningful way.
I recall Obama said something along the lines of 'those manufacturing jobs are not coming back' to the USA, due to globalization.
Are tariffs on China and other 'low cost countries' going to bring back American manufacturing jobs, especially given increasing AI and automation? I'm highly skeptical. The only thing that might bring those jobs back would be for those LCCs to become like the USA, higher-cost countries. But then global capitalists will simple move on to other LCCs, maybe in Africa, or where ever else in the world a cheap labor can be found.