>You want to help American manufacturing, move healthcare costs off their back and to the government.
This would be a big help but maybe too little too late. Maybe we just enjoyed an era of living off the backs of Chinese labor. Now with their increasing wealth, their own desire to move up the chain and their abysmal birthrates, that era is ending.
India also does not have a great birthrate and other structural problems while other asian countries dont have the numbers to completely replace China. It might be that many products we enjoyed just dont make sense anymore if no other country is willing to pick up the slack or there isn't some amazing innovation in automation. Other products might survive with massive inflation.
This would be a big help but maybe too little too late. Maybe we just enjoyed an era of living off the backs of Chinese labor. Now with their increasing wealth, their own desire to move up the chain and their abysmal birthrates, that era is ending.
India also does not have a great birthrate and other structural problems while other asian countries dont have the numbers to completely replace China. It might be that many products we enjoyed just dont make sense anymore if no other country is willing to pick up the slack or there isn't some amazing innovation in automation. Other products might survive with massive inflation.
Watch how this simple bluetooth speaker is made: https://www.youtube.com/watch?v=yFYxSX6xP2U
Look at how many people are there to assemble the speaker at MSRP ~20-25$ per speaker.
Does that make sense in a world where those folks aren't being paid the wages that they are or they don't exist anymore because they have retired?