That’s the point. How about bringing good manufacturing back.
The tax has been on the US consumer. We used to manufacture stuff that lasted. Now we import crap that may be cheaper but you have to replace or repair 5x as often. No bargain.
Labor costs in the U.S. can't compare with labor costs in Mexico or Asia.
>> How about bringing good manufacturing back <<
Actually, it’s still here. Manufacturing as a percentage of total national income has stayed about the same over many years.
Now to be sure, the labor force in manufacturing is way down. But that’s mainly because of automation.
In the meantime, unemployment is at record lows and still falling.
>> we import crap that may be cheaper but you have to replace or repair 5x as often <<
Not my experience. My Toyota van has run for years and years w/o anything other than routine maintenace. But my old Dodge van was in the shop for serious repairs more than 30 times over a 15-year period. Needed an engine rebuild at only 60K miles.
And ditto for my several Sony TV sets. Good for years and years, whereas my old USA-made Zenith and Magnavox TV’s had to go into the shop about once per year each.
(Yes, I’m old enough to remember when TV’s were made in the USA!)