It probably would have helped if politicians hadn't sold all our manufacturing capability to China for short-term profits, but hey, they all got rich so it's all good, huh?
I published a new public macro article about the complexities of the current attempt to re-shore some manufacturing to the United States:
https://www.lynalden.com/reshoring/
Specifically, it dives into the energy capital and the human capital that needs to be re-accumulated in order for such a trend-change to be successful.
To visualize this situation, basically the U.S. industrial base increased for most of the 20th century but has spent the last two decades stagnating, which is increasingly becoming a talking point among politicians and corporations:
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