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 - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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