Post WW2 the capital base of the developed world was gone and so governments in the US extorted anyone who had immobile capital assets - if you have a factory, you were paying protection to the union and there was no alternative. The NYC rent control economy. 1/ https://twitter.com/trajan_decius/status/1210292359575080961 …
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Contd. American workers are pretty great and would do pretty well if allowed to actually collect their own marginal product. The problem is that there are loads of laws that don't permit people to make things b/c the prog priestly class finds making things offensive.
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Outsourcing isn't the problem; it's a symptom. The problem is lack of property rights in the US and anarcho-tyranny in business regulation that's built to only allow connected parties to operate businesses and to not allow anyone to operate manufacturing businesses.
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