The hilarious thing is that in the Victorian age English factories made clothes for the Empire. That's how European countries made their money: force their colonies to buy European products. Trade at gunpoint.
The Indian Salt Hedge was a customs barrier built by the British across India to prevent Indian people from smuggling salt from coastal regions, in order to avoid the substantial salt tax.
> Footwear manufacturing has long included machines — cutting or gluing soles. But higher-level innovation? Ironically, factory owners said that's happening where the industry is — overseas.
Even the automation is happening in Asia.
If we don't use this as our opportunity to re-onshore, we're going to fall far behind. Perhaps permanently so.
We should be providing every tax incentive under the sun to domestic companies working on automating manufacturing.
The hilarious thing is that in the Victorian age English factories made clothes for the Empire. That's how European countries made their money: force their colonies to buy European products. Trade at gunpoint.