America underestimates the difficulty of bringing manufacturing back
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Re: America underestimates the difficulty of bringing manufacturing back
#2it's like they believe building is as quick as destroying. almost like they think delete can be ctrl+z'ed back into undeleted very quickly
a generation of kids that never lost all their work because they didn't hit ctrl+s at the correct moment is now trying to run things
Re: America underestimates the difficulty of bringing manufacturing back
#3[dead]
Re: America underestimates the difficulty of bringing manufacturing back
#4Doesn't mean we shouldn't do it.
Re: America underestimates the difficulty of bringing manufacturing back
#5it's like they believe building is as quick as destroying. almost like they think delete can be ctrl+z'ed back into undeleted very quickly a generation of kids that never lost all their work because they didn't hit ctrl+s at the correct moment is now trying to run things
Weird take, since most of the people still in charge are old boomers who've barely even learned to use a computer.
Re: America underestimates the difficulty of bringing manufacturing back
#6It's easy to bring manufacturing back, just give it a decade or two, but impossible to make it internationally competitive without large-scale market regulation such as tariffs or handing out government subsidies.
Re: America underestimates the difficulty of bringing manufacturing back
#7Our 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? What is our competitive advantage then?
Economics works when the people do the things they are most efficient at. If a person in China can make iPhones for cheaper than an American, LET THEM. Our citizens should be designing them instead, because that's what we train our citizens to do.
Trump and the Republicans really do think of our citizens as third worlders performing manual labor like we were oxen.
Re: America underestimates the difficulty of bringing manufacturing back
#8Doesn't mean we shouldn't do it.
Well, sure, but perhaps some kind of plan is warranted?
Re: America underestimates the difficulty of bringing manufacturing back
#9Its the integration and overall combined effect of the entire industrial pipeline that makes China so incredible. It processes all the raw materials and the recycling/reuse of off cuts through every possible way to turn those raw materials into components and then into goods with very little need for import from other countries. Its the complete system for a huge variety of goods.
To compete with that the entire pipeline from raw materials through components and final product needs to be reproduced and its taken China 40+ years to build up to this capacity and capability.
I think its something more countries should consider and do for certain pipelines but we are in a world with vast international trade and the winner(cheapest) takes most of the trade so whatever it is needs to be worth while within country.