The point is that high end and low end manufacturing are intimately related. You can’t outsource your low end manufacturing without your high end eventually collapsing.
The U.S. still manufactures high end products in some fields. But in many areas we have lost the high end as well as the low end. E.g. we can’t compete with the Chinese in electric cars.
The point is that high end and low end manufacturing are intimately related. You can’t outsource your low end manufacturing without your high end eventually collapsing.
The U.S. still manufactures high end products in some fields. But in many areas we have lost the high end as well as the low end. E.g. we can’t compete with the Chinese in electric cars.