We can make up for it in volume.
To the “bring back American jobs” crowd I understand. However, it will take either two things. One is to have an empowered central government that forces companies and people to produce products. The people won’t syand for that and I sure as heck don’t want the government to expand any more than it has. Two, is to cut back government power over the economy through the tax and regulation structures. And we all know that won’t happen. We can’t squeeze the toothpaste back in this tube.
I suggest one, universal trade tariff.
On everything imported. Everything. Oil. Food. Manufactured goods.
If it is imported into America, it pays one single tariff rate. However this is important, there are no exceptions.
Anything imported, is subject to one single tax rate.
The question is only, what is that tariff rate?
What we are doing now, is simply selling-off everything in America.
This is a way to collapse, as a country.
We need to make things, right here in America.