• Serinus@lemmy.world
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    1 day ago

    It’s bad for the country to lose all manufacturing capability.

    Arguably could be better to have access to slave labor, cheap, green cars though.

    • kent_eh@lemmy.ca
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      13 hours ago

      It’s bad for the country to lose all manufacturing capability.

      Blame 50+ years of companies outsourcing everything and closing on-shore production with the single goal of increasing short-term shareholder value at the exclusion of every other consideration (even ignoring harm to the long term survival of the business itself).

      It’s not exactly “the country” that did this, it’s wall street specifically and the people who kowtow to its demands.