Posted on 09/03/2019 9:24:11 AM PDT by SeekAndFind
“While we will no doubt see some companies leave China, few will return to the United States. For one thing, there are simply not enough workers available in a mature economy with a low unemployment rate and a growing proportion of seniors.”
Some have already returned and when there isn’t a good economy such as after 2008, and the people who weren’t counted anymore for being unemployed, there’s enough people for those jobs.
The writer is confused as to who the mercantilists are and who are the victims. The merchantilists are the Chinese and the rest of our "trading partners". We re the victim. The writer is an idiot.
Such BS. The writer says there are not enough people to do the work of manufacturing!!! The US population in 1960’s was 200 million and the USA produced and exported huge quantities of manufactured goods!!
All the more reason to on shore the factories here and not Mexico and not Gooklandia. Since labor is not an issue.
Think the GOP should use the above as their campaign slogan going forward. Get the RNC on the phone. /sarcasm
Think the GOP should use the above as their campaign slogan going forward. Get the RNC on the phone. /sarcasm
RE: We should have 5, 10, 20, and 40 year plans on how to deal with China, and this should include ensuring US access to all precious metals we need, and a great strengthening of American production capacity.
I’m all for that, however, to be realistic, we are making a huge assumption here -— That Trump’s policies will continue AFTER he is no longer President. All we need is a Democrat or a RINO taking over the Presidency and that could possibly be the end of how long term your plan with China is.
Automation will only be a problem if the factories are not in the USA. If in the USA then they will crate wealth for all AMERICANS.
Funny, that’s the same line Obama and Hillary were using... Yet Under Obama the nation lost over 300,000 manufacturing Jobs in 8 years.
Yet as of July of this year, The US has GAINED over 300,000 Manufacturing Jobs since Trump took office....
So, from 300k lost in 8 years and the powers that be told us to just bend over and take it, those jobs were never coming back.., to 300k gained in 2.5 years, and those same nimrods are telling us jobs are never coming back.
Yes, there is little doubt some jobs will never return, but the idea that Trump hasn’t brought manufacturing back is an abject LIE!
“The biggest problem the United States faces trying to repatriate companies is the fact that American wages are just too high.”
This argument has been shown time and again to be false.. If you have very heavy human involvement in your manufacturing yes but the reality is that most manufacturing is not nearly as labor intensive as it used to be.. So productivity is generally higher in the US, and cost of labor generally is a smaller percentage of the products price than it was decades ago.
Biggest issue is for 40 years we let traitors ship everything overseas, so the supply chains are no longer here... This is the real thing that has to change to majorly change manufacturing.
Exactly none of the aforementioned countries have nuclear missiles aimed at us or are building blue water navies to threaten our trade routes.
What's not to like about that
High US employment in history, what is this nitwit talking about?
In todays emerging high tech, highly automated manufacturing environment, skills and productivity are the key and wages, while important, are not the main barrier
And the emergence of fracking has started a revival of American manufacturing independent of any other influence due to reasonable energy costs and the conversion of petrochemical feed stocks from oil based naphtha to low cost natural gas for plastics, pharmaceuticals, fertilizers and other petrochemical based products
This is especially important because the generation of automation is going to be a game changer.
It is vital that as much of the capitol investment in these next generation manufacturing systems take place in the US because whoever controls this technology base will control the future of manufacturing for the 21 st Century
The drain on America has gotten to the point where it has become a national security issue because many process critical materials, components and products are no longer made in the US at all and have no domestic supplier
If there were a sudden disruption in imports suppliers a surprising amount of American products would lack critical raw materials or components and rebuilding US production base could take years
Furthermore, the supply chain logistics of some of the Asian, especially Chinese, products is the stuff of nightmares and constitutes a serious enough risk that supply chain disruptions could put many highly exposed companies at serious risk in the event of disruption.
That's funny! So the author is implying that thousands of people jumping the border every week is not increasing demand for goods and services?
The author gets this part right. Blue-collar jobs won't "magically" appear. Fewer are willing to do physical work, our educational system sucks, our representatives are mostly lawyers, mega-corporations have a monopoly, and people are divided.
I don't believe we will ever see the kind of economy we had in the last century. And maybe that goal shouldn't be our goal. Maybe we need to use our creativeness and innovation, something we still possess, to carve out a new kind of economy based on an independent lifestyle, where a man's labor is his own, where technology allows for greater independence from government, utilities, bankers, big box corporations, and etc.
Trump's heart is in the right place. His methods (agreeably limited) suck. And perhaps his advisors as well, as he's picked some real losers. That said, he is our chance, maybe our only chance, to steer a new and better course toward prosperity. JMHO.
Thanks for posting a piece that gets us to examining where we're at and where we're headed. Maybe we can't fix stupid, but we can certainly do something about ignorance.
It would be better if the factories came here. But Vietnam etc. would be second choice.
The bottom line is, do we want to be dependent on China for our infrastructure, and national security?
President Trump and other mercantilists...
What mindless garbage.
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