3 ms·

> Domestic production is "desired" but this is not how to rebuild domestic production capability No need to be handwavy. It can be part of a strategy. A painfu

> Domestic production is "desired" but this is not how to rebuild domestic production capability No need to be handwavy. It can be part of a strategy. A painful and ultimately less effective way than another, sure. There will be a lot of factors at play beyond these controls. This administration lacks the ability to focus for very long in any competent sense. I'm not sure there is a strategy that will work, at this time.

Animats 2y ago
I'd really like to see a coherent strategy from somebody on rebuilding American manufacturing. Bad ideas: * Tax cuts for the rich will make it happen.[1] * More tax cuts.[2] * High tariffs with no plan.[3] Semi-reasonable ideas: * Clairmont study.[4] * McKinsey study (2017).[5] Hasn't held up well. Manufacturing is low-margin and requires stable markets. How to promote that? There are a lot of dull and boring businesses someone has to do. Maybe tax policy should be set up to favor dividends over growth. That favors steadily profitable companies over growth companies. [1] https://waysandmeans.house.gov/2025/01/24/the-golden-age-of-american-manufacturing-starts-with-the-extension-of-the-trump-tax-cuts/ https://waysandmeans.house.gov/2025/01/24/the-golden-age-of-... [2] https://nam.org/timmons-nam-members-meet-with-bessent-congressional-leaders-on-tax-reform-33731/?stream=issue-tax https://nam.org/timmons-nam-members-meet-with-bessent-congre... [3] https://x.com/cspan/status/1909639514861322433 https://x.com/cspan/status/1909639514861322433 [4] https://dc.claremont.org/restoring-american-manufacturing-a-practical-guide/ https://dc.claremont.org/restoring-american-manufacturing-a-... [5] https://www.mckinsey.com/featured-insights/americas/making-it-in-america-revitalizing-us-manufacturing https://www.mckinsey.com/featured-insights/americas/making-i...
- ashoeafoot 2y ago
  Per product class protectionism installed for new products, then work up the supply chains. Protect electronics, cause electronics go into all thingd, thenprotect homegrown machine suppliers. aka copy chinese growth strategies

Animats 2y ago

I'd really like to see a coherent strategy from somebody on rebuilding American manufacturing. Bad ideas: * Tax cuts for the rich will make it happen.[1] * More tax cuts.[2] * High tariffs with no plan.[3] Semi-reasonable ideas: * Clairmont study.[4] * McKinsey study (2017).[5] Hasn't held up well. Manufacturing is low-margin and requires stable markets. How to promote that? There are a lot of dull and boring businesses someone has to do. Maybe tax policy should be set up to favor dividends over growth. That favors steadily profitable companies over growth companies. [1] https://waysandmeans.house.gov/2025/01/24/the-golden-age-of-american-manufacturing-starts-with-the-extension-of-the-trump-tax-cuts/ https://waysandmeans.house.gov/2025/01/24/the-golden-age-of-... [2] https://nam.org/timmons-nam-members-meet-with-bessent-congressional-leaders-on-tax-reform-33731/?stream=issue-tax https://nam.org/timmons-nam-members-meet-with-bessent-congre... [3] https://x.com/cspan/status/1909639514861322433 https://x.com/cspan/status/1909639514861322433 [4] https://dc.claremont.org/restoring-american-manufacturing-a-practical-guide/ https://dc.claremont.org/restoring-american-manufacturing-a-... [5] https://www.mckinsey.com/featured-insights/americas/making-it-in-america-revitalizing-us-manufacturing https://www.mckinsey.com/featured-insights/americas/making-i...

ashoeafoot 2y ago
Per product class protectionism installed for new products, then work up the supply chains. Protect electronics, cause electronics go into all thingd, thenprotect homegrown machine suppliers. aka copy chinese growth strategies