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They’re deciding to restore because the US population has made it clear on both sides of aisle that they want these companies to be employing Americans to start
by edgyquant 3y ago
They’re deciding to restore because the US population has made it clear on both sides of aisle that they want these companies to be employing Americans to start reversing the economic rot we’ve left outside a small number of tech hubs. It has nothing to do wages or even economics for the most part. It’s policy to rebuild once wealthy areas of America that also happens to be good for the defense sector so.
- FrustratedMonky 3y agoWell. The reasoning is still valid. The corporations will follow cheap labor (or total cheapest cost, which labor is big variable). What you are saying is that both sides have agreed to put policies in place to make foreign goods more expense, to the point that domestic labor can be competitive, and corporations will move manufacturing back to the US. But as others have posted as questions. Is this sustainable? If the US is not competitive unless barriers are put in place, can that be done indefinably, or will this naturally reverse again when the US Gov can no longer afford to prop up a more expensive and inefficient workforce.