1. Not all workers are fungible. Your average 30th percentile individual =/= the person progressing your biotech industry. Would they be more beneficial to the economy working in a customer service job, or in a factory?

2. It's very hard to be a powerhouse of innovation if you don't vertically integrate. China has taught us this. You can't split out the gritty part (manufacturing) from the fun part (invention) of technological innovation and win in the long run.