Economist Paul Krugman wrote:
Why did [economic] productivity stagnate for 20 years, then revive? The truth is
that it probably had very little to do with anyone’s economic policies;
the best guess is that businesses spent two decades figuring out what
to do with information technology, then found the answer: big box
That really sums up the outsourcing of manufacturing, economic growth and the rise in inequality in the 1990s and beyond right there.