Mainstream Economist Rails Against Rural Whites

(There is a word that describes a country that dismisses its producers and allows its manufacturing base to relocate overseas. That word is "DECLINE!" – DD)
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Mainstream Economist Rails Against Rural Whites and Dismisses Concerns About Hollowing Out of American Industry

(Big League Politics) During a CATO Institute panel discussion that took place on October 6, 2022, Adam Posen, an economist and the President at the Peterson Institute, declared that “The fetish for manufacturing is part of the general fetish for keeping white males of low education outside the cities in the powerful positions they’re in in the US.”
Posen doubled down by observing that “displacements on a large scale” would be brought about via technological innovation. He used the example of personal computers taking the place of secretaries.
However, Newswars casted major doubts about this claim:
This doesn’t quite make sense, however, as many large manufacturing plants in the US are already very-well automated, but still need human workers to keep the plants running efficiently – which will likely be the case in the foreseeable future.
In addition, Newswars highlighted the potential dangers of being so reliant on countries like China for basic imported goods.
“Moreover, several pharmaceutical companies also realized that they are highly dependent on China for few basic medicines and medical supplies and equipment…Read the rest
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