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The US is building factories at a fast rate

businessinsider.com

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Re: The US is building factories at a fast rate

#231

In order for this to be effective, these factories need to be able to produce at a desirable profit. The reason so much manufacturing drained out of the US in the first place was corporations seeking improved profits. That's not to say many won't succeed, but we need to ensure that global competitiveness is imbued into these operations. Southeast Asia and India remain inexpensive.

Companies didn't need to make extremely better margins to offshore. They just needed to make enough to enrich the executive team.

Re: The US is building factories at a fast rate

#232

Earlier quoted context omitted.

Mexico stands out to me as a country that hasn't lived up to its potential in that regard. Certainly there's no shortage of potential cheap labour, given the number of refugees making their way across it. And regional security and ability to get hold of necessary skilled workers shouldn't really be an issue, when you have the US right next door. It's hard not to see why it wouldn't be significantly to the US's benefi…

>so I do wonder what the primary forces working against it might be. Extreme corruption, lack of rule of law, extreme violence to name a few. Mexico is basically a failed state: the government doesn't even control large parts of the territory it claims, ultra-violent drug cartels do. How is that a good place to build factories? Other central American counties are at least as bad. El Salvador has a higher death rate f…

> the government doesn't even control large parts of the territory it claims, ultra-violent drug cartels do

> Brazil, Chile, Peru, etc. aren't nearly as bad

Brazil is just as bad.

Drug gangs essentially own their territory. Brazilian state is legitimized by the police's monopoly on force. Gangs don't allow police in their territories which implies the laws of Brazil don't apply there. They have seceded from brazilian territory and established their own parallel government without anyone noticing.

It's common knowledge that local businesses operating in those places are doing so with the blessing of these drug lords. They even took on the role of police by punishing small time criminals who interfere with with their drug dealing operations by scaring away customers. They implement barbaric punishments like cutting off the fingers of thieves or shooting their hands. People living in those places may not even get mail because it's too risky to send mailmen in there, I've seen people who had to go to some remote post office to pick up correspondence.

It's actually kind of impressive. Shows what a people can do when it has the balls to organize and most importantly to arm itself.

Re: The US is building factories at a fast rate

#233

Earlier quoted context omitted.

> the highly skilled tradesmen I've met in the last 5 years make at least what I do, often more, and have the benefit of actually owning their own businesses or real, meaningful slices of other ones. _This_. A lot of software developers think they are the only high earners out there. Skilled tradesmen are making a killing in europe as well. And unlike software engineers, the path to starting an actual business is muc…

Starting a software business as a SWE requires almost no investment

Perhaps, but scaling one requires extreme investment. Recent startups are raising close to a billion to take on competitive markets.

Re: The US is building factories at a fast rate

#234
post #32

Earlier quoted context omitted.

Another important factor is that China's workers make more money than they used to, especially relative to the West. There's not as much of a cheap-labor-arbitrage opportunity as there was in the early 2000s. Here's a chart illustrating this point: https://i.insider.com/532ccb18eab8eadc39f33da6

Exactly. The factories follow the Cheap Labor. From US to China, then it was China to Thailand/SKorea, then from Thailand to India. Probably don't have chain correct, and it is different for different industries. But there was definitely a progression of 'local salary goes up', 'time to move to next cheapest country'.

>then it was China to Thailand/SKorea

You mean Vietnam surely?

Re: The US is building factories at a fast rate

#235
post #67
post #48

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"We'll just design things and have people elsewhere do the building" is one of the dumbest ideas. How do you think you learn how to build things without building things? Who's going to build the next big thing? Oy!

A great litmus test to see if an educational administrator is knowledgeable on STEM is to see if they regard woodshop/metalshop/autoshop as purely "vocational". Bare in mind, vocational still means "not college bound" == "useless" == "doesn't look good in the US news rankings" Ive talked to superintendents and they just give me a blank stare when I told them that a great way to get kids to understand the cartesian co…

Sounds like a crappy change, because when I was in 8th grade in MA they literally had us take a class learning to use a blueprinting desk and the Cartesian coordinate system.

Re: The US is building factories at a fast rate

#237

Earlier quoted context omitted.

Dietary supplements. Mixing up raw materials and encapsulating them. Pretty chill job

I shudder to think of all of the "materials", documented materials and undocumented bonus materials, going into these completely non-FDA-regulated supplements.

We are audited by the FDA, UL, and NSF. Also a company that does organic certification but I forgot what they're called.

Our raw materials are tested by our lab when they're received and again after mixing/encapsulation.

You don't know what you're talking about.

Re: The US is building factories at a fast rate

#238

Earlier quoted context omitted.

> the highly skilled tradesmen I've met in the last 5 years make at least what I do, often more, and have the benefit of actually owning their own businesses or real, meaningful slices of other ones. _This_. A lot of software developers think they are the only high earners out there. Skilled tradesmen are making a killing in europe as well. And unlike software engineers, the path to starting an actual business is muc…

Starting a software business as a SWE requires almost no investment

Any competent tradesman is making a living wage on basically day 1 with his business. A software business (not writing software for someone else, selling your own software) is much more difficult.

Re: The US is building factories at a fast rate

#239
post #43
post #19

Earlier quoted context omitted.

Part of why the US working class has been so angry isn't just the economic misery but the decades of being gaslit by politicians pretending that outsourcing to countries with no OSHA, no EPA, no concerns about carbon emissions, no workers rights, no unions, and radically lower wages is going to create jobs in America. It's a clearly absurd proposition on its face. Of course that's going to depress wages and destroy j…

Problem with this policy is that it will prevent poor countries from ever getting up the ladder. It also ignores the fact that many advanced human right respecting countries got there not without plundering less fortunate for generations.

Not really. Trade with rich nations could certainly speed up the process but the bitter truth is we have no one but ourselves to blame for the rampant poverty and corruption. It's precisely this corrupt mentality and dependence that stops poor countries from becoming rich. There's a literal communist in the presidency of my country, a leftist party who's enjoyed power for decades by essentially keeping people poor so they'll be thankful for the handouts.

Re: The US is building factories at a fast rate

#240

Earlier quoted context omitted.

Starting a software business as a SWE requires almost no investment

Any competent tradesman is making a living wage on basically day 1 with his business. A software business (not writing software for someone else, selling your own software) is much more difficult.

Why compare a tradesman to a software entrepreneur? The tradesman sells his skill and labor in exchange for money. A more direct comparison would be a SWE selling his skill and labor in exchange for money. Or, a manufacturing entrepreneur creating a product and selling it. In both apples-to-apples cases they either make money on day one, or it takes a long time to make money.
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