Re:Huawei Manages to Make Smartphones Without American Chips
by chii on Sunday December 01, 2019 @09:06PM
(#21679322)
> The US lost a LOT of capability over the last 20 years.
but in return, the US gained a lot of cheap goods. Cheap goods which then increased profits for businesses.
Unfortunately, the lower working class is unable to reap this reward.
If manufacturing and industry returned, it may mean that cost of goods would become more expensive, and it can slow the economic expansion of the US. Whether you see this as a good outcome or not depends on your personal ideals however.
but in return, the US gained a lot of cheap goods. Cheap goods which then increased profits for businesses.
Unfortunately, the lower working class is unable to reap this reward.
If manufacturing and industry returned, it may mean that cost of goods would become more expensive, and it can slow the economic expansion of the US. Whether you see this as a good outcome or not depends on your personal ideals however.