09-05-2019, 03:06 PM
(09-05-2019, 01:55 PM)Tim Randal Walker Wrote: I stand corrected.
If China is now exporting high end manufacturing goods, it follows that the U.S. would move to protect its own high end industries.
Nope. Trump's beef is specifically against China. After the supply chains adjust, the the US will import stuff from Vietnam, Malaysia, Mexico, etc. etc. Trump will never, ever, interfere with the profits from his corporate buddies. The bring the jobs back is just pablum really. There are structural problems which is why the jobs aren't gonna come back.
Some of these are deskilled workforce, the healthcare system, and degraded infrastructure. These structural problems are just one reason why the Neoliberalism order is gonna crash and burn. The other factors are degraded customer base and climate change induced costs.
---Value Added 
