Where in retrospect I missed the boat is in thinking that the gigantic gap in labor costs between here and India would push it to India rather than to South Dakota.

Alan S. Blinder, a Princeton economist and former Clinton administration official, on his 2007 warning that office jobs in the United States would soon follow factory jobs in moving overseas. He concedes, “There were other aspects of the costs to moving the activities that we weren’t thinking about very much back then when people were worrying about offshoring.” New research suggests that those jobs may be moving to other parts of the country instead. (New York Times — September 30, 2019)