Quote:
Originally Posted by DaddyHalbucks
If the US ever wants to regain its economic strength, it needs to end welfare, and expand manufacturing. Right now, it is doing the exact opposite.
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No because of "
Comparative advantage".
For the most part China is in the Industrial age because they have a cheap workforce.
They do "cheap labor" well. The US and most of the western world are in the information age. We build computers and software and more advanced tech like airplanes and f-22 raptors.