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It won't. The only way to solve American manufacturing woes is to start punishing people who are willing to sell out their country for shareholder profit. Sho
by lenerdenator 2y ago
It won't.
The only way to solve American manufacturing woes is to start punishing people who are willing to sell out their country for shareholder profit.
Should have done it 60 years ago, but better late than never.
- missedthecue 2y agoThe US can't build a Supermax cargo ships for $0 profit at a price lower than Chinese shipyards can build one while making a profit.
- lenerdenator 2y agoExactly. Which is why you stop exclusively using market forces to determine how industry should be spread out around the globe.
- bombcar 2y agoThe US could if the US Supermax had US-superpowers. Like it avoids certain dock taxes/tariffs. Tuned correctly, the US Supermax over time could eke out enough profit that some would be tenable. Unfortunately the best middle step is probably going to be convincing the naval yards to make some civilian ships, first.