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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

#591

Post by like_any_other »

kenjackson wrote: post #557
ImJamal wrote: post #527

Earlier quoted context omitted.

If a college allocated a minimum of 20% of their jobs to whites, would you still say it wasn't too bad?

These are statements, not quotas. Basically these are statements where you note that you support teaching all kids, will make efforts to be inclusive and ensure your class has an inclusive environment, etc… There is no requirement on the race of the applicants.

> these are statements where you note that you support teaching all kids, will make efforts to be inclusive and ensure your class has an inclusive environment

If you look at one example of the actual assessment criteria [1], merely teaching without discrimination or exclusion earns the lowest possible score.

[1] Only mentions activities that are already the expectation of faculty as evidence of commitment and involvement (for example, "I always invite and welcome students from all backgrounds to participate in my research lab, and in fact have mentored several women." - https://web.archive.org/web/20200302212643/https://ofew.berk...

Re: America underestimates the difficulty of bringing manufacturing back

#592

Post by robertlagrant »

tharmas wrote: post #363
digikata wrote: post #334

Earlier quoted context omitted.

Yes climbing the value chain was a necessity for nations like China. But in the US popularized in the 90's, was a business strategy trend that strongly discounted the value of long term capital investments - particularly for this discussion, investment in factories. They do require extra management attention and they do tie companies to strategies in longer time frames at lower margins - but they deliver long term va…

Agreed. Well articulated. >Many US business elected to chase short term growth, and short term and higher margins and minimize long term investments. I would like to add that this was due to the influence of Milton Friedman. He put the emphasis on shareholder returns being the most important, without considering the survival of the company itself.

If the company doesn't survive, shareholders aren't likely to be that happy.

Re: America underestimates the difficulty of bringing manufacturing back

#593

Post by alkonaut »

7. Uncertainty seems overlooked these days. The job of politicians is to make people and businesses dare. Making people dare getting an expensive education or starting a business or hiring your first employee or whatever it might be. What that requires will vary (if it's a social security system or a tax break for new companies or whatever). But something it always requires is trust in the stability. That the calculus for an investment is valid over N years. That laws or taxes don't swing wildly with political cycles.

Re: America underestimates the difficulty of bringing manufacturing back

#595

Post by [deleted] »

justin66 wrote: post #582
bananalychee wrote: post #545

Earlier quoted context omitted.

Tangential comment, but I now see people adding disclaimers reiterating their political affiliation to their posts regularly and I want to say that you shouldn't have to justify bilateral criticism. It doesn't imply equal magnitude, and it's only taken that way by bullies in dogmatic bubbles.

I don't mind getting some extra clarity on where someone is coming from.

[deleted]

Re: America underestimates the difficulty of bringing manufacturing back

#596

Post by like_any_other »

imchillyb wrote: post #515
rsfern wrote: post #451

Earlier quoted context omitted.

CHIPS incentive funding is way bigger than just Intel, so it’s a bit disingenuous to write off the whole program just because of one (or even several) high profile bad actor. We should have a nuanced discussion and fix the shortcomings of our programs, but at least assess things in a balanced way. If you check the transcript of the confirmation hearing for the current Commerce secretary, practically every Senator bra…

R&D is a cost center that can no longer be written off of a company’s taxes. I don’t believe that cost centers are a good example of returning manufacturing onshore. Or an example of a state using federal funding well. Cost centers are not a good investment for federal funding, without a clear path to paying back our taxed dollars.

> R&D is a cost center that can no longer be written off of a company’s taxes.

Can you elaborate on this? It was my understanding a company only pays taxes on profit. So isn't the revenue that goes into R&D effectively taxed at 0%, since at that point it's not yet profit? I.e. only dividend payouts get taxed.

Re: America underestimates the difficulty of bringing manufacturing back

#597

Post by dboreham »

Teever wrote: post #325
dv_dt wrote: post #313

Earlier quoted context omitted.

France and Spain continue to exist and they were former hegemons. China has stably existed with long periods of turning inwards after more regional hedgemony.

It's really straight forward -- Do you consider things like liberal democracy, property rights, freedom of expression, freedom of thought, freedom of association, due process, and the rule of law to be essential features of society? If you don't -- Chinese hegemony and the path it will lead the world down is the one for you. If you do -- Then American hegemony with all its flaws is something worth fighting for.

Recent events have showed that all that good American stuff doesn't really exist.

Re: America underestimates the difficulty of bringing manufacturing back

#598

Post by yorwba »

skywhopper wrote: post #453
Manuel_D wrote: post #386

Earlier quoted context omitted.

At UC Berkeley, over 75% of faculty applicants were rejected solely based on reviewing their diversity statements: https://thehill.com/opinion/education/480603-what-is-uc-davi... Rather conspicuously, Asians had the highest rate of rejection, followed by whites. Latin applicants had the second highest pass rate, Black applicants had the highest. The diversity statements were not anonymized (as in, the reviewers could…

If you’re basing your understanding of the subject based on one anti-DEI activist’s misinterpretation of policies he doesn’t actually know anything about, who didn’t talk to anyone at those schools (even critics of the policy), and who very likely misread statistics and intentionally misrepresented processes, then you are not getting a fair picture. This piece you linked to is a mess of unsubstantiated statements. Se…

Of course one should not use an opinion piece as the source when that opinion piece is just commenting on information found elsewhere, but also, in this day and age there's no reason to give up when you encounter a broken link: https://web.archive.org/web/20200202194620/https://ofew.berk...

A total of 993 applications were received, of which 893 met basic qualifications. The LSI Committee conducted a first review and evaluated candidates based solely on contributions to diversity, equity and inclusion. Only candidates that met a high standard in this area were advanced for further review, narrowing the pool down to 214 for serious consideration.

Re: America underestimates the difficulty of bringing manufacturing back

#599

Post by mathgladiator »

sct202 wrote: post #123
imbusy111 wrote: post #48

Earlier quoted context omitted.

But the important question is - is it worth it? Should we be doing something more valuable instead?

I've seen this brought up with board games that are now primarily made in China, because injection molding is cheaper there especially for small quantities. The US could make the board game minis, but everyone who is capable of it in the US is producing high value high quality aerospace, industrial, medical parts. It's a waste of their time to produce small runs of toy parts.

I've thought about this and love board games. I don't want cheap plastic anymore. I want a reusable modular gaming system that let's me use more imagination.
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