Why do countries such as like South Korea, why can they build more ships than the U.S. so I think it's a. It's a broad thing. We have hollowed out manufacturing in America. We make very few things in this country. We are great at creating intellectual ideas and then outsourcing them and having a made somewhere else. So we created this huge labor arbitrage which businessmen take advantage of and they're doing the right things for their shareholders. (04:57–05:04)
CLAIM
Asserts that the U.S. has significantly reduced its manufacturing capabilities.
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