Why aren’t televisions made in the U.S. anymore? Why can’t Amazon make a Kindle in the U.S. even if it wanted to, since the technology involved was almost all invented here?
Economists often suggest that the loss of jobs in U.S. manufacturing is simply the result of lower-wage labor in other countries and the inexorable impetus of automation as it eliminates employment in manufacturing just as it did a hundred years ago in agriculture. Nothing we can do. It’s just economics.
The inconvenient truth here is that not all countries have been equally affected by automation and global wage disparities.
Read the full perspective on forbes.com.