Guess what?
America is still the world's leading manufacturer. We think of China as the world's factory, but we still make more stuff. It's just that we're more productive in terms of the labor we get from each of our workers. So less people are making more.
The problem isn't that America doesn't make stuff anymore, it's that we've gotten too efficient at making stuff to keep people employed at doing it.
Proof is here.
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