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Manufacturing lead times are huge. E.G. Offhand CPUs take something like 5-7 years from initial plans to final tapeouts / production. That's not even consider
by mjevans 1y ago
Manufacturing lead times are huge. E.G. Offhand CPUs take something like 5-7 years from initial plans to final tapeouts / production.
That's not even considering the issues of planning, permits, installing machines, training workers, etc, in a more down to earth facility like a generic food plant, or heck forbid something seriously regulated (I hope) like making prescription drugs.
- parineum 1y agoThat's a larger reason for offshoring than wages. Your billion dollar factory can start returning the investment years earlier when you manufacture elsewhere.
- mjevans 1y agoLess red tape, easier to manage 'processes', fewer environmental / labor relations... It's those last two, impact on the commons and unfair worker treatment, that are examples of where I _would_ support reasonable tariffs. Particularly if funds from those tariffs went to remediating the impact and were agreed to (also observed) by a majority of other leading countries / economic blocks.
- TulliusCicero 1y agoAnd...what exactly does this have to do with my comment, which was about how much money was being invested into manufacturing construction?
- mjevans 1y agoYou'd mentioned a _timeline_ of manufacturing. I'm pointing out that usually investment has a lag time and giving some examples of lag times I've seen mentioned in publications before to parallel my supposition... That real impact from investment may be 5-10+ years from the initial funding allocation.
- TulliusCicero 1y agoBut I wasn't talking about results, I just pointed out that investment was way up? There's no time lag there, it's just...how much money is going in.