Reply #277: We are not failing, just adjusting to the evolving world out there

[dugggy]

When 75% of manufacturing was done in the USA,
we had a huge advantage. Now, the rest of the world,
especially the old & populous civilizations such as
China & India are catching up fast in technology.

Surely we can build a wall around us and restrict
trade. But I am sure you know what happens then.
Our costs of making goods with American wages are
so high that our standard of living will drop even
faster than it is now. Yes you will have a high
paying job, but a pair of shoes will cost $200.

I am not happy about all these imports. Everytime I
buy a foreign manufactured product, I am outsourcing
some potential jobs in the United States.

So overall, the foreign trade benefits all so long as
it is fair trade. I think US can force some changes
in fair trade practices by others.