“All my cotton products come from India, Pakistan, etc etc. Our cotton sucks.”
The end of tariffs and quotas killed the US textile and apparel industry as well as a million domestic manufacturing jobs. Our Democrat and Republican politicians, in collusion with the big retailers, apparel brands, and Wall Street investment firms decided it would be better if our dollars employed Asian workers instead of Americans.
“Our Democrat and Republican politicians, in collusion with the big retailers, apparel brands, and Wall Street investment firms decided it would be better if our dollars employed Asian workers instead of Americans.”
True statement.
You want to know what else happened.
Americans were freed up to focus on “high end stuff”(In their own minds) instead of textile manufacturing, which is beneath the talented power lunch crowd. Wealthy foreigners don’t want those kinds of jobs either, they want college education & the power lunch.
Clothing won’t be considered a necessity until we are all running around naked or in rags.
When the prices get high enough, we’ll probably bring back the Lady Garment Worker.