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US made like ~8 million cars post war, and now ~16 million. IMO industrial base is not really issue (except shipping). Issue is PRC with 4x more population an
by maxglute 2y ago
US made like ~8 million cars post war, and now ~16 million.
IMO industrial base is not really issue (except shipping).
Issue is PRC with 4x more population and heavy coordination ability simply moved manufacturing dial to 11. Realistically 50, i.e. last year PRC shipbuilding produced comparable tonnage to entire 5 year US ship building program during WW2. It's not just loss of industrial capacity in some sectors, it's PRC is operating on an entirely different scale that US industry never had.
Building "back" in "Build back better" isn't enough, it has to be much "better" than US manufacturing ever was.
- chii 2y ago> it has to be much "better" than US manufacturing ever was. exactly. And i don't see how it is possible, since that's a leap, rather than small incremental gains.