Loading ...There is more to it than that. We had the same thing even during the republicans. Ron Reagan 1981 to 1989 was there during the acceleration of outsourcing of US jobs. During his time? The Reagan taxpayer financed entitlement defense rebuilding act.
Combined with faster tax write off (5 instead of 10 years) on buying new machinery from Japan and Korea. China not yet on the dole back then. Bottom line is, bad mouth imports before everything else if we want higher living standards and prosperity, but its too late anyway. To close the barn door.