The Economist: bad housing policy is “the West’s biggest economic policy mistake”.https://www.economist.com/leaders/2020/01/16/home-ownership-is-the-wests-biggest-economic-policy-mistake …
, in order for manufacturing work to stay in the US, it had to be automated. When you walk into a US factory you see robots, but you don't see all the jobs we've sent to Asia.
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U.S. labor is expensive so the input mix here will naturally favor lots of capital investments, even if we brought back much of the manufacturing capacity that was offshored. We'd have to impose grossly inefficient subsidies/tariffs to restore manufacturing's labor share here.
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Over time, as technology progresses, the distortions from these policies would get bigger and more expensive.
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