If the West is serious about friendshoring, many more will need to carry out manual work — albeit aided by robots. And yes, that means university graduates.
Manufacturing isn’t coming back to the US. No matter how much the US Government frets about wartime capacity, the one percent LOVES the idea of the middle class disappearing and those without an education suffering. They won’t allow the middle class to come back.
If it’s cheaper to build locally with automation and minimal US based labor then it is to build overseas and ship then they will bring manufacturing back.
Manufacturing isn’t coming back to the US. No matter how much the US Government frets about wartime capacity, the one percent LOVES the idea of the middle class disappearing and those without an education suffering. They won’t allow the middle class to come back.
It’ll come back, but with automation.
If it’s cheaper to build locally with automation and minimal US based labor then it is to build overseas and ship then they will bring manufacturing back.