No, its a global product silicon chips, america ships em to 100+ countries and will lose its edge if it doesnt stay at the top.
Margins are crucial for this, the driving factor that made US lose its industrial base, is red-tape, red-tape, red-tape, red-tape, political interference, militant unionism (unions are good and fine, militant unions are not), and foolish gov laws which did not make sure that labour standards are consistent for all products in american market, to make sure slave-labour or extremely shoddy labour standard based countries do not erode away great american jobs and its industrial base.
Margins are fine, and good. Unfair competition, rules and red-tape for domestic manufacturers but none for foreign companies, is what killed it.
It’s cheaper for a chinese company to ship to american households than it is for a local american company to an american household… , this is purely because of crazy gov regulations.
Margins are crucial for this, the driving factor that made US lose its industrial base, is red-tape, red-tape, red-tape, red-tape, political interference, militant unionism (unions are good and fine, militant unions are not), and foolish gov laws which did not make sure that labour standards are consistent for all products in american market, to make sure slave-labour or extremely shoddy labour standard based countries do not erode away great american jobs and its industrial base.
Margins are fine, and good. Unfair competition, rules and red-tape for domestic manufacturers but none for foreign companies, is what killed it.
It’s cheaper for a chinese company to ship to american households than it is for a local american company to an american household… , this is purely because of crazy gov regulations.