The $US as world's reserve currency played a big part in why manufacturing was offshored. As manufacturing processes mature they move to the periphery. Because of the reserve currency status of the $US, this periphery meant outside the United States.
The periphery got the jobs and the US Elite got the $$$'s. What should've happened though was the Elites should've invested their cash into in technologies. Sure they did to some extent (NVIDIA is an example) but mostly what they did was pile their money into fixed assets, hence the inflation (e.g. housing) we have today.
The Blame lies with the Investment class elites, the Bankers, and the Donor Controlled politicians. Washington D.C. (Donor Controlled).
The periphery got the jobs and the US Elite got the $$$'s. What should've happened though was the Elites should've invested their cash into in technologies. Sure they did to some extent (NVIDIA is an example) but mostly what they did was pile their money into fixed assets, hence the inflation (e.g. housing) we have today.
The Blame lies with the Investment class elites, the Bankers, and the Donor Controlled politicians. Washington D.C. (Donor Controlled).