rant · moment 27 of 32
Why America Lost Its Manufacturing Wealth
from Andrew Schulz | The Tim Dillon Show #436 · #436
1 min
They discuss why old American families never built generational wealth around commodities like other countries did, tying it to offshoring manufacturing and the resulting hollowing out of communities.
- Manufacturing jobs shipped overseas hollowed out communities and left people without purpose or identity, despite cheaper products benefiting consumers.
- America has lost pride in American-made goods and ownership, focusing only on profit regardless of origin.
- Asset owners and real estate holders have made enormous wealth over fifty years while W2 wage employees saw stagnant wages and rising costs.