NFRs2000NYC
Caught the Bug
The funny thing is, at the time, the Japanese were actually making a much better product and America got scared and started to behave like isolationists. Of course, depending on who you talk to, things worked out for the better anyway because Japan did start making factorys here and started to employ Americans - in other words, it benefitted us with better products and with more jobs. I'm sure this is totally selfish of me to say but, I don't know how building plants in China will help us.
The same reason why the US doesn't grow bananas. Allow me to elaborate, and this is textbook talking, not so much "the reality." We have a finite amount of workforce and a finite amount of land. With the demand we have in this country, we can't really do it all on our own, so we prioritize. It is economically beneficial for us to import our bananas and coffee, and use the land/workforce for something else. Now, America generally makes it's money on services. Unskilled labor is generally not a "cornerstone" of the US culture (don't mistake that for hard work.) Furthermore, unions have made unskilled labor prohibitively expensive. Most Americans don't want to nail a door panel in place for $4 an hour. China on the other hand, has plenty of low skill workforce, and in China $4 an hour is a far better salary than the average local wage, so everyone wins. Part of this is to blame on our demand for cheap stuff. Part of it can be blamed on unions. However, a global economy is inevitable with this many mouths to feed and desires to satisfy.