What happened was there were a lot of boomers that taught my generation in the bay area. So when I was in high school around 94-98 the teachers were typically 40-50ish year old boomer generation. These people were pretty good at teaching. Mostly white. As generation X started getting into the game, and bureaucratic processes the introduced "core" and "new math". Both pretty bad. I was in the middle of the transition so I did get pre-new-math as well.

What happened next? Well pretty much all of us got jobs at Google, Apple and other places. The only way for any of us to have stayed in teaching would have been major compromises. We decimated the teaching industry because it didn't realize the salaries these companies were waiting to pay us. They had no chance.

This situation rhymes with manufacturing jobs in the midwest.

Industrial and manufscturing jobs were offshored to Asia and Americans had zero chance to be price competitive relative to East-Asian labor

The diff is that Midwest didnt have Apple and Google to fall back on, they only had fentanyl to cope with their situation.

But now the situation is so bad, you cant even find talent in US even if you are willing to pay for it. Asian countries have better integrated supply chains that make manufacturing two to three orders cheaper than in US.

And nobody knows how to solve it, but there is only one solution.

End the USD as a global reserve currency, so that manufacturing in US has more power again, relative to financial industry. I dont see any other option long term