We never stopped manufacturing, we just stopped employing people. > We don’t have the infrastructure to manufacture That's trivially false given we're the second-largest manufacturer in the world. We just don't want to employ people, hence why we can't make an iphone or refine raw materials. The actual issue is that our business culture is antithetical to a healthy society. The idea of employing Americans is anti-bus…
I think you're exactly right there.
>> We don’t have the infrastructure to manufacture
> That's trivially false given we're the second-largest manufacturer in the world.
I want to quibble with that a little bit. I don't have the numbers, but relative position matters too. The US could be "second-largest manufacturer in the world" if it only manufactures Dixie cups, other countries manufacture nothing, and China manufactures everything else.
My understanding is Chinese output is so huge, that even if the US had maintained steady or modestly growing manufacturing output from the 70s or whatever, it would be dwarfed by China.