3 ms·
As an American, we need to bolster our manufacturing in areas where IP to manufacturing output ratio is high. What I mean is, thrift manufacturing of useless ga
by spectramax 7y ago
As an American, we need to bolster our manufacturing in areas where IP to manufacturing output ratio is high. What I mean is, thrift manufacturing of useless gadgets we see on Amazon front page is trivial and does not add any value. Advancing semiconductor manufacturing for example is hard, and that's exactly why we need to do it.
China has prowess in centralization and consolidation of their sub-supply chain - but that can be done in Thailand (Casio started making their $10-20 watches in Thailand since 2016, for e.g.), Vietnam, Indonesia, India, etc. Making cellphone cases by the millions is not adding any intellectual value in the society. These problems have been solved.
I am old enough to remember "Made in USA" was a real marketing asset. We've lost our shine, just watch the Apollo 11 documentary (2019), it is an eye-opener. We need a new leader in this country that can inspire men and women to be passionate again, dissolve political differences and behold the American spirit. It is still there.
- bordercases 7y ago> China has prowess in centralization and consolidation of their sub-supply chain - but that can be done in Thailand (Casio started making their $10-20 watches in Thailand since 2016, for e.g.), Vietnam, Indonesia, India, etc. Making cellphone cases by the millions is not adding any intellectual value in the society. These problems have been solved. On this – China's One Belt One Road initiative specifically targets many of these countries to come together into a consolidated economic alliance that includes trade routes and infrastructure subsidies plus a basket currency pegged to the GDP from the region. That's clever for a number of reasons. One of them is that it captures the revenue from precisely these alternative manufacturing bases that could otherwise be competing with China. It may or may not be successful depending on how aggressive China is or whether or not they keep up the same business practices and culture that make companies want to take manufacturing out of Shenzen in the first place. There's a massive political opportunity for the US but I think there's a lack of strategy in the administration to seize it.
- dublin 7y agoSounds like we need someone who wants to Make America Great Again...