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Direct cash injection is frequently the worst way to do this, so I don't think that failure is particularly indicative of a complete inability to achieve onshor
by fastball 2y ago
Direct cash injection is frequently the worst way to do this, so I don't think that failure is particularly indicative of a complete inability to achieve onshoring of manufacturing.
Tariffs certainly seem superior to me, especially if paired with tax cuts in other areas.
- chii 2y ago> Tariffs certainly seem superior tariffs seems a roundabout way to try achieve something. Why not directly invest in making manufacturing, if the US gov't wants that specific result? The US is deeply afraid of the idea of state owned companies, coz the past red scare have put off the idea. Of course, private industry will cry foul - that they cannot compete on the wages that would've been needed to attract the workers, etc.