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Comment by beambot

1 year ago

Manufacturing today (even overseas) is very different than what it was in the great off-shoring. The status quo has changed & won't be coming back -- automation is now the norm. But still, the multiplier effect for manufacturing is massive: For every $1 of economic output, it generates somewhere between $2-$3 of GDP -- and that is heavily centered in the community housing the factory. It's much better for a distributed society than many other sectors that tend to exfiltrate GDP.