Bringing it home: The three A’s and the return of American manufacturing
According to a recent McKinsey report on international manufacturing trends, the United States lost over six million jobs to offshoring between the years 2000 – 2009. But a UC Berkeley study undertaken as far back as the early 2000s tabulated losses of up to fourteen million jobs throughout the nation’s economic ecosystem. Each offshored manufacturing and/or service job exerts an adverse, widely resonating local-to-national jobs impact, akin to how throwing a stone into a pond sends waves from the point of impact outwards, far and wide.