Why is it a good thing?
Manufacturing jobs are horrible, ask anyone who had one.
The US built a high margins service economy.
This is two steps backwards, no step forwards sort of a deal.
The US built a high margins service economy.
This is two steps backwards, no step forwards sort of a deal.
The GDP sector composition of most of the largest economies is heavily service biased. So, no.
What are you even talking about.
Iraq economy is almost 60% industrial, are they doing better than Ireland? Of course not.
Also, the US is the second largest country by motor vehicle production in the world. And the US GDP is 80% service derived.