| | Although the [[United States]] is rich in natural resources, some people maintain it has a highly diversified economy.<ref>[https://www.thebalancemoney.com/how-natural-resources-boost-the-u-s-economy-3306228 U.S. Natural Resources]</ref><ref>[https://www.worldatlas.com/articles/countries-with-the-most-diverse-economies.html#:~:text=Most%20Diverse%20Economies-,Japan,the%20sophistication%20of%20its%20exports. Countries With The Most Diverse Economies]</ref><ref>[https://www.nationsencyclopedia.com/economies/Americas/United-States-of-America-OVERVIEW-OF-ECONOMY.html#:~:text=Although%20there%20is%20great%20diversity,agriculture%20accounts%20for%202%20percent. United States of America - Overview of economy], Encyclopedia of the Nations Americas United States of America</ref> Others, such as [[Donald J. Trump]], would dispute this; the US has primarily a service sector economy with 68% of all jobs in the service sector and a massive reduction in manufacturing jobs since the early 2000s,<ref>https://www.huffpost.com/entry/manufacturing-is-a-job-multiplier_b_58adedede4b01f4ab51c7582/amp</ref> hollowing out the [[middle class]].<ref>https://www.forbes.com/sites/ericjackson/2011/04/27/how-do-you-fix-the-hollowing-out-of-the-middle-class/?sh=1028d6e916f9</ref> Nowhere was it more obvious than during the [[covid pandemic]], when the public realized America was dependent on foreign imports from [[China]] for [[antibiotic]]s, covid masks, or other [[PPE]]s.<ref>https://www.youtube.com/watch?v=wwxEYY7K-Jw</ref> Likewise, the [[NATO war in Ukraine]] highlighted America's loss of an industrial manufacturing base to build and supply weapons or replenish stockpiles.<ref>https://www.rusi.org/explore-our-research/publications/commentary/return-industrial-warfare/</ref> | | Although the [[United States]] is rich in natural resources, some people maintain it has a highly diversified economy.<ref>[https://www.thebalancemoney.com/how-natural-resources-boost-the-u-s-economy-3306228 U.S. Natural Resources]</ref><ref>[https://www.worldatlas.com/articles/countries-with-the-most-diverse-economies.html#:~:text=Most%20Diverse%20Economies-,Japan,the%20sophistication%20of%20its%20exports. Countries With The Most Diverse Economies]</ref><ref>[https://www.nationsencyclopedia.com/economies/Americas/United-States-of-America-OVERVIEW-OF-ECONOMY.html#:~:text=Although%20there%20is%20great%20diversity,agriculture%20accounts%20for%202%20percent. United States of America - Overview of economy], Encyclopedia of the Nations Americas United States of America</ref> Others, such as [[Donald J. Trump]], would dispute this; the US has primarily a service sector economy with 68% of all jobs in the service sector and a massive reduction in manufacturing jobs since the early 2000s,<ref>https://www.huffpost.com/entry/manufacturing-is-a-job-multiplier_b_58adedede4b01f4ab51c7582/amp</ref> hollowing out the [[middle class]].<ref>https://www.forbes.com/sites/ericjackson/2011/04/27/how-do-you-fix-the-hollowing-out-of-the-middle-class/?sh=1028d6e916f9</ref> Nowhere was it more obvious than during the [[covid pandemic]], when the public realized America was dependent on foreign imports from [[China]] for [[antibiotic]]s, covid masks, or other [[PPE]]s.<ref>https://www.youtube.com/watch?v=wwxEYY7K-Jw</ref> Likewise, the [[NATO war in Ukraine]] highlighted America's loss of an industrial manufacturing base to build and supply weapons or replenish stockpiles.<ref>https://www.rusi.org/explore-our-research/publications/commentary/return-industrial-warfare/</ref> |
| | The United States is reshoring its supply chains and producing more things domestically for several reasons and this will give it more security from foreign disruptions.<ref> | | The United States is reshoring its supply chains and producing more things domestically for several reasons and this will give it more security from foreign disruptions.<ref> |