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No First World country can thrive while it continually loses jobs to a Third World country. Manufacturing employs millions and provides the country with exports, research, technical advancements, tax revenues, etc. Unemployment increase crime, poverty, and costs to the government. For a short while, you enjoy the benefits such as cheap clothing, phones, etc. In the long run, you are cutting your own throats.
The's nothing the Third World can't produce that only the First World can. In the end they will take everything and move their markets from the once First World to the now Third World.
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