I agree - Biden is also launching his made in America campaign which will only push things further.
On your point of 2025 I don’t think that is quite right since they would need to grow by 150% in 5 years with the US not growing at all (both would be very unprecedented) but the overall point remains.
Is he really? That sounds hopeful. I'd perhaps wrongly assumed that the Democrats would undo Trump's efforts to create and keep jobs in the US and revert to unfettered globalism.
Yeah, it should be interesting - Biden hasn’t traditionally been as protectionist but it looks like whoever gets elected, globalism has definitely past its peak
I was downvoted for my original question for some reason but thanks for sharing this - I genuinely had no idea that the Democrats were on the same page here.
JB: I would have, just because I don’t accept this proposition that somehow the U.S. cannot handle a heavy-duty manufacturing capacity, that we should shift our focus to service industries. Look at Japan and Germany—their labor costs are as high as ours. Big countries have to be able to make big things. Have to.
On your point of 2025 I don’t think that is quite right since they would need to grow by 150% in 5 years with the US not growing at all (both would be very unprecedented) but the overall point remains.