> If you are protected from facing competition, then you don’t need to actually compete.
You mean like all the (e.g.) garment and other factories competed against foreign manufacturers… and the companies decided to close up shop and move overseas?
The main garments that are still made in the US are those for the military due to domestic production regulations in procurement rules.
Clothing seems different: the amount of labor needed to make a single low-value item is very high. While fabric production is quite automated, assembly into clothing is done by low-paid skilled people using equipment that is not substantially different from what someone might use at home to make clothing. The US, understandably, can’t really compete, and this doesn’t seem to bad for the US. I expect that the US can make fabric just fine, and we produce plenty of cotton.
Steel making and ship building are done with heavy machinery, at least to a sufficient extent that I would expect wages to matter less.
You mean like all the (e.g.) garment and other factories competed against foreign manufacturers… and the companies decided to close up shop and move overseas?
The main garments that are still made in the US are those for the military due to domestic production regulations in procurement rules.