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America underestimates the difficulty of bringing manufacturing back

molsonhart.com

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Re: America underestimates the difficulty of bringing manufacturing back

#11

Post by rizpanjwani »

vFunct wrote: post #7

Our economy was designed to NOT have citizens work at factories. We pay thousands of dollars a year in our public schools to teach each of our citizens calculus, literature, world history, and physics, so that they DON'T have to work at a factory, or perform manual labor like picking strawberries or driving trucks or cleaning toilets. Why would anyone want to go back to an economy that can be run by a third worlders?…

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Re: America underestimates the difficulty of bringing manufacturing back

#12

Post by nonethewiser »

vFunct wrote: post #7

Our economy was designed to NOT have citizens work at factories. We pay thousands of dollars a year in our public schools to teach each of our citizens calculus, literature, world history, and physics, so that they DON'T have to work at a factory, or perform manual labor like picking strawberries or driving trucks or cleaning toilets. Why would anyone want to go back to an economy that can be run by a third worlders?…

But aren't China's learning outcomes higher in calculus, physics, etc?

Also the US is already the 2nd largest manufacturer in the world.

Re: America underestimates the difficulty of bringing manufacturing back

#13

Post by nonethewiser »

rizpanjwani wrote: post #11
vFunct wrote: post #7

Our economy was designed to NOT have citizens work at factories. We pay thousands of dollars a year in our public schools to teach each of our citizens calculus, literature, world history, and physics, so that they DON'T have to work at a factory, or perform manual labor like picking strawberries or driving trucks or cleaning toilets. Why would anyone want to go back to an economy that can be run by a third worlders?…

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The Quarter Pounder plus

Re: America underestimates the difficulty of bringing manufacturing back

#14

Post by jasonlotito »

shin_lao wrote: post #4

Doesn't mean we shouldn't do it.

Which is why things that bring back manufacturing to the US is something we were doing. It's just unfortunate that instead of continuing that, the current administration is trying undermine the effective efforts of the previous administration's actions that helped bring manufacturing back into the US.

Re: America underestimates the difficulty of bringing manufacturing back

#15

Post by fullshark »

vFunct wrote: post #7

Our economy was designed to NOT have citizens work at factories. We pay thousands of dollars a year in our public schools to teach each of our citizens calculus, literature, world history, and physics, so that they DON'T have to work at a factory, or perform manual labor like picking strawberries or driving trucks or cleaning toilets. Why would anyone want to go back to an economy that can be run by a third worlders?…

At its root I think this is driven by anxiety over how America would perform in a hot war, rose colored glasses culturally regarding the post WW2 era, and acknowledging that there's no real economic growth opportunity in America for unskilled labor, it's merely a way to tread water now.

Re: America underestimates the difficulty of bringing manufacturing back

#16

Post by throwawaymaths »

Molson has a Chinese spouse, directly benefitted from Chinese manufacturing for a long time, and often spouts direct propaganda from his X account so while he's likely to be right about a lot of things he had/has a strong incentive to not imagine alternatives to the status quo.

Re: America underestimates the difficulty of bringing manufacturing back

#17

Post by VeninVidiaVicii »

throwawaymaths wrote: post #10
nathan_compton wrote: post #8

Earlier quoted context omitted.

Well, sure, but perhaps some kind of plan is warranted?

Isn't the point of capitalism to not have a plan and let the market figure it out?

Capitalism as such went out the window with tariffs.

Re: America underestimates the difficulty of bringing manufacturing back

#18

Post by Scarblac »

throwawaymaths wrote: post #10
nathan_compton wrote: post #8

Earlier quoted context omitted.

Well, sure, but perhaps some kind of plan is warranted?

Isn't the point of capitalism to not have a plan and let the market figure it out?

That's what we did, and it moved everything to China.

Re: America underestimates the difficulty of bringing manufacturing back

#19

Post by vishnugupta »

No kidding!

Beyond the obvious skilled labor there’s supply chain network, maintenance, townships and supporting system around them.

And all of this needs human labor which is taken from somewhere else. How do you incentivize them? Just throwing money at the problem won’t solve it either. Because more often than not it’ll attract charlatans who will promise the sky, take the money and move away.

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