4 ms·

What's with this "rebuild the American manufacturing base" part? The US is already one of the top manufacturers in the world.

kinsomo 8y ago
> What's with this "rebuild the American manufacturing base" part? The US is already one of the top manufacturers in the world. Maybe so, but the US's manufacturing currently isn't strong enough to balance its massive trade deficits: https://en.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_the_United_States https://en.wikipedia.org/wiki/List_of_the_largest_trading_pa...
sheepmullet 8y ago
Then why are people in this thread so convinced they can't compete with China on components even with 25% tariffs?
- orf 8y ago
  Likely due to the reasons they have outlined numerous time in their comments.
keo93ndn 8y ago
We make “a lot of” a few things What the US lacks is an ability to spin up new manufacturing in the way China can https://www.inc.com/glenn-leibowitz/apple-ceo-tim-cook-this-is-number-1-reason-we-make-iphones-in-china-its-not-what-you-think.html https://www.inc.com/glenn-leibowitz/apple-ceo-tim-cook-this-... People that work in manufacturing in America are better described as “assemblers” The skills to design and “ship” new manufacturing process do not exist here. A dictatorship invested in skills training, with the help of American government (there’s a paper trail in government records leading back to Reagan PAYING to export manufacturing. Not just tax breaks but giving cash money to invest in building new overseas; cause supply side demanded it. I’ll leave it to the reader to investigate under their own agency). IMO Tesla is leading a revival here, or at least trying to. Cars and their battery/solar work is what people see them as: bleeding edge energy and manufacturing Wall Street seems to think they’re just a car company. Which is, again IMO, what people shorting Tesla are confused about People with a clue realize it isn’t just cars and battery pack sales alone

kinsomo 8y ago

> What's with this "rebuild the American manufacturing base" part? The US is already one of the top manufacturers in the world. Maybe so, but the US's manufacturing currently isn't strong enough to balance its massive trade deficits: https://en.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_the_United_States https://en.wikipedia.org/wiki/List_of_the_largest_trading_pa...

sheepmullet 8y ago

Then why are people in this thread so convinced they can't compete with China on components even with 25% tariffs?

orf 8y ago
Likely due to the reasons they have outlined numerous time in their comments.

keo93ndn 8y ago

We make “a lot of” a few things What the US lacks is an ability to spin up new manufacturing in the way China can https://www.inc.com/glenn-leibowitz/apple-ceo-tim-cook-this-is-number-1-reason-we-make-iphones-in-china-its-not-what-you-think.html https://www.inc.com/glenn-leibowitz/apple-ceo-tim-cook-this-... People that work in manufacturing in America are better described as “assemblers” The skills to design and “ship” new manufacturing process do not exist here. A dictatorship invested in skills training, with the help of American government (there’s a paper trail in government records leading back to Reagan PAYING to export manufacturing. Not just tax breaks but giving cash money to invest in building new overseas; cause supply side demanded it. I’ll leave it to the reader to investigate under their own agency). IMO Tesla is leading a revival here, or at least trying to. Cars and their battery/solar work is what people see them as: bleeding edge energy and manufacturing Wall Street seems to think they’re just a car company. Which is, again IMO, what people shorting Tesla are confused about People with a clue realize it isn’t just cars and battery pack sales alone