“any reason we cannot use the UNITED STATES FACTORY?”
Take a cell phone. It probably has anywhere up to a a few hundred parts. They’re made at different type plants with different price points. This is all optimized to get a product that the maximum number of people can afford. Formerly, China was the supplier for all of the low-end stuff. This is because a Chinese business does not operate to make a profit. It operates to employ people. Seriously, they don’t present a business plan to get a loan, they present an employment plan. The Chinese business model was to keep as many people employed and the Chinese government used make-believe money to pay their people. This is why the Chinese currency is not convertible. The two times they made the money convertible billions of dollars flowed out of the country in capital flight because every Chinese realizes that if they leave their money in the country, it will eventually be worthless even at home. Of course, this isn’t fair to the rest of the world where we have (more or less) real economies and profit. But to answer your question. It’s game theory. If your competitor uses slave labor in China and you use union wage employees in America, you will go out of business and your competitor will get insanely rich.
Now, however, the game has changed. At least the low-end stuff will be built at a profit but in Vietnam or India. If you assembled an iPhone in the US and all the parts were built here, even if you used an all-robotic plant, the government and its many agencies would ensure that you didn’t make a profit. Or, if you did, your product would be ridiculously expensive. Because our government is a financial vampire.
horse sh1t.
Or, if you did, your product would be ridiculously expensive. Because our government is a financial vampire.
As I said get rid of the killing manufacturing production regulations and increase energy production