This behavior to ban sales of materials needed for every advanced engine, actuator, sensor, etc. is why the Taiwan situation is fraught.
Outsourcing of everything wasn't incentivized, it was forced on the US industry by Wall Street and their Republican friends. Around 2005-2006 there were 2 Congress bills about balancing the US current trade account, both were written and sponsored by Democrats but neither could get enough sponsors for a vote.
At that time, the GOP was full speed "outsource baby, outsource" and Wall Street analysts would bury any company refusing to follow the party line.
People mistake their actions now as protectionism when it's about looting and pillaging what little is left so that they can keep their death grip on capital.
I don't blame it on one political party, I'm setting the blame record straight. The current admin blames the Democrats for everything including outsourcing, when in fact only some Democrats tried to prevent it from going too far.
> Ross Perot and his "giant sucking sound"
The guy damaged the independent candidate idea more than anyone because he was politically illiterate - a common occurrence among big ego business owners.
> Until Trump, neither party was willing to commit political capital towards questioning the free trade orthodoxy.
On the contrary, The GOP and the Trump admin are trying to make political capital by hyping ridiculously implemented tariffs which fuel inflation, kill the dollar and put a lot of small businesses in danger. Trump doesn't even rise to the level of Perot, rumors are already floating around about who's actually running the show.
"Questioning the free trade orthodoxy" isn't the same as doing the right thing at the right time and place. We get tariffs at arbitrary levels, on a haywire timetable and that cannot be good for anything besides speculation, which the people pay for via inflation.
The U.S. is ran by wealthy elites, who run the U.S. in such a way to make themselves more wealthy.
Of course they would outsource every job and business related resource mining operations if that meant more profit in the short term. It’s just good business!
but yeah the Vice President has a humanities degree