Subject: Trump will make us poorer
http://archive.today/2025.04.1...

Nostalgia for manufacturing will make the US poorer

Donald Trump’s vision to onshore factory jobs reverses decades of progress

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“Americans now design and engineer products such as tennis shoes and iPhones assembled elsewhere,” said Colin Grabow, an associate director at the Cato Institute. “They may not toil in factories, or even work for companies that own factories, but are nonetheless vital cogs in production lines.”

Since 1990 America has lost over 5mn manufacturing jobs. In that time, it has gained 11.8mn roles in professional and business services, and 3.3mn in transportation and logistical activities, linked to multinational supply chains.