How can we possibly start “making things” if it costs us 100 times more than a Chinese factory to make them? Even if we do, who’s gonna buy it when the same thing can be had for less?
It’s not so simple as that.
Repeal the Thirteenth Amendment so that we can compete with the Chinese?
As the dollar falls, the Chinese price advantage also falls. Unfortunately the extreme regulation American industry is subjected to would probably still make it hard for them to compete even without the currency advantage. I’d like an environmentalist to propose protective tariffs for American industry on the grounds that they are more Earth friendly.
Its not so simple as that.
We could start with becoming energy producers, any which way we can, without subsidy, first for our own consumption, then for export.