> Wasn't it Steve Jobs himself who said to President Obama at a dinner that "those jobs aren't coming back" when talking about high-tech manufacturing?
Clearly we're not going to get back to the 1950s, when manufacturing provided much of the U.S.'s employment base. But we're still substantial gains in the sector, and the belief that outsourcing always makes financial sense is disappearing.
Interestingly enough, The Atlantic just ran two long articles about the return of American manufacturing: http://www.theatlantic.com/magazine/archive/2012/12/mr-china... and http://www.theatlantic.com/magazine/archive/2012/12/the-inso... . Both are worth reading in full.
Clearly we're not going to get back to the 1950s, when manufacturing provided much of the U.S.'s employment base. But we're still substantial gains in the sector, and the belief that outsourcing always makes financial sense is disappearing.