201–210 of 728 posts
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Good point about the supply chain; and it seems like most responses mistakenly disagree with you. Thomas Friedman talks about this after his most recent visit to China. Where China excels is through rapid supply chain development by fierce regional competition among several (state-supported/sponsored/seeded?) competitors.
I get fatigue when everyone claims that all these Chinese businesses are state sponsored. Do we not recognize that western governments do this too? Do we not recognize that western banks and VC firms are quasi-state institutions? Do we not see western countries continually subsidize businesses by lowering corporate tax rates and giving out cheap loans? The US government was giving out $7500 per car to buy EVs and the…
The US government absolutely does not do what China does in this case. But the reason for my paranthesis and question mark was that I was not sure what call it.
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Likely a combination of business-friendly policies (low tax, no employer payroll tax, etc.) and proximity to ports. Houston is the 6th [1] largest port in the USA. [1] https://pangea-network.com/busiest-and-biggest-ports-in-the-...
I agree with you on all of these except: low tax I grew up in DFW. My house in WI is assessed at a significantly higher value than my siblings house in Ft Worth. My 2025 property tax bill ~$5k, my 2025 state income tax - not gonna publish it here but not all that significant. Sibling in Texas property tax bill: ~$14k. Significantly higher than my state income tax + property tax. Also, I don't have to live in Texas.
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Just as manufacturing in China took time manufacturing in the US will take time. The US has lost much of its skilled labor and mom and pop parts shop. If we have any hope of re-invigorating this some large company is going to have to bite the bullet. Chicken and egg problem imo. I'll leave whether this is worth it or not up to the economists.
Are you sure that’s actually what you want though, competing with China in skilled labor?
Apple is very tied to Chinese manufacturing in a way that is hard to replicate in US. They will agree to make some high margin simple to assemble thing in the US to appease government, but if it goes as well as last time, they will stop as soon as they can. In china they were often able to iterate on designs and have custom screws and other parts made and ramped up in very short times. Something about having the whol…
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Apple is very tied to Chinese manufacturing in a way that is hard to replicate in US. They will agree to make some high margin simple to assemble thing in the US to appease government, but if it goes as well as last time, they will stop as soon as they can. In china they were often able to iterate on designs and have custom screws and other parts made and ramped up in very short times. Something about having the whol…
Just as manufacturing in China took time manufacturing in the US will take time. The US has lost much of its skilled labor and mom and pop parts shop. If we have any hope of re-invigorating this some large company is going to have to bite the bullet. Chicken and egg problem imo. I'll leave whether this is worth it or not up to the economists.
It's like everybody forgot that their neighbour's job depend on them.
We're repeating the same pattern with online shopping, malls and stores everywhere are closing because of our collective actions, we're not losing them like I lost my keys.
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It needs a careful long term approach from real leaders. Not a run-and-gun, corrupt, chaotic president throwing tariffs (taxes) up on a whim.
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