Lots of different things in these comments - my 2c:
Expensive consumer goods - $400 boots, 12K bikes, can be built here. $50 boots and $150 bikes can't.
A lot of components of the $400 boot and the 12K bike are going to be made with cheap labor.
A lot of "manufacturing" is assembly. Assembly facilities are less labor intensive than components - most automotive engines, electronics, are made outside of the US, it is easy to ship the components. Shipping entire cars and trucks is more expensive. Even the jap plants import a lot of engines, controls, and transmissions from overseas. A lot of things are assembled from foriegn parts and then slapped with a "made in the usa" label.
I was a tool & diemaker. Our last apprentice graduated in 1986. Management " didn't want to be in that business".
Young folks are being fxxed, and they know it. Someday that is going to explode.
When they talk about $50 per workers, they are throwing in pension, health care, and administrative overhead.
I don't think this is going to end well, it's too far gone.
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Today's Featured Article - Old Time Threshing - by Anthony West. A lovely harvest evening late September 1947, I was a school boy, like all school boys I loved harvest time. The golden corn ripens well and early, the stoking, stacking,.... the drawing in with the tractors and trailers and a few buck rakes thrown in, and possibly a heavy horse. It would be a great day for the collies and the terrier dogs, rats and mice would be at the bottom of the stacks so the dogs, would have a busy time hunting and killing, all the corn was gathered and ricked in what we c
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