"Plastics."
(To Dustin Hoffman, "The Graduate", circa 1964)
"But you see the Chinese Japanese will eventually make the software plastic gizmos as well or some other third world country will...this is the problem with trade as practiced today."
Your argument doesn't stand the test of time so well. The industry that will replace software hasn't been invented yet. So long as we don't let 0bamessiah and protectionists turn this country into an ossified dictatorship of the proletariat, we'll invent the next industry, and our kids will be rolling in that dough. Just don't kill the productive goose of motivation with the knife of protectionism.
I didn’t say it would be a new product...the Japanese are great copycats...better hope they stay away from your business. China is attempting to drive American chip makers out of business at the moment...and so it continues.
We will see if the present trend continues...exactly which industry will be targeted next...we gave up without a fight. Other countries that understand the value of manufacturing must be laughing at the stupid Americans.