A 20% tariff would repatriate manufacturing, balance the budget and reduce the trade deficit. Win-Win.
I never said anyone was a Luddite!
As we automate factories, understand you’ll have dramatically dropping levels of employment. I want more manufacturing here - but given automation and computing power, I also expect to see those blue-collar manufacturing jobs fall by 90% for the same output.
Expecting our manufacturing employment to ever reach that of the 60s and early 70s is a flight of fancy. I’ve seen factories in Germany, California, Japan, and China where a dozen men at desks sit and watch hundreds of machines operate and produce what used to take a thousand workers to do.
Computing power is changing the face of manufacturing.