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by mrybczyn
406 days ago
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this exact 'cottage industry' you speak of is what existed in north america and started little conpanies like Apple, etc. The sad fact that we lost all of these because of the entire electronics supply and design chain moving to Taiwan and China, is why we are where we are. These barriers might bring some back, who knows. Ultimately global open borders, for goods and services, had their own issues. For example open competition between free market economies and centrally planned economies creates rather obvious advantages of scale that are skewed... |
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And yet almost all the actual design was still happening in the U.S.
It’s almost like the origin of the components didn’t matter. Access did.
And even if the origin might have shifted the fact that access increased made Americans stronger in Tech not weaker.
Right now, we don’t have origins of manufacturing nor access. Even if some parts of the industry does reshore to the U.S., the access will still be limited primarily to those parts of the industry that re-shored and even there access would be lower due to higher costs.
It’s incredible how America had the fastest growing major economy, was the leader in nearly all the industries of the future, has insanely high per capita income that continues to grow, and decided to throw all that away all because it refuses to undo the decisions that allow all that growth in wealth to accumulate with a tiny minority of the country.