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Yes I thought advocating for bringing manufacturing back onshore meant you were an economic illiterate and a xenophobe. I guess that was before supply-chain se
by lazyeye 4y ago
Yes I thought advocating for bringing manufacturing back onshore meant you were an economic illiterate and a xenophobe.
I guess that was before supply-chain security became important and the only consequence was the people that dont matter losing their jobs.
- mrtksn 4y agoIt's also impossible to bring back horses as main vehicle of transportation until you have a civilisation collapse and can't viably produce machinery and fuel in large scale. I find it unfortunate that we are going back into a partitioned world but let's hope it brings competing ideas at least. I'm even a bit excited about it, as long as it stays a cold war and doesn't turn into WW3 and stays as a competition in everything like during the cold war.
- vineyardmike 4y ago> It's also impossible to bring back horses as main vehicle of transportation until you have a civilisation collapse That’s a bad read of the situation. It’s not like no one makes chips. The reasons people cite for why manufacturers don’t come to America are largely political. The reality is that manufacturing is alive and well but those with industry knowledge aren’t American, and America has most left low margin and high labor manufacturing not all manufacturing. In this case, America is literally paying the Taiwanese to bring their knowledge to America. Is the world collapsing? No one knows but this can be more easily seen as “vertical integration” of a national economy. No one said Samsung was doomed when apple made their own mobile chips, and there’s no reason that the global economy is doomed just because the richest and most powerful economy in the world wanted a strategically important, high margin business.
- mrtksn 4y agoI'm speaking about manufacturing in general, I don't think that anybody said that high margin and high tech manufacturing can't be done in the west - stuff like chip manufacturing never left the USA, they simply fell behind.