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Manufacturing now is increasingly being seen as a strategic capability. That's the whole impetus of "bringing it back." As you correctly point out, the United S
by taylodl 1y ago
Manufacturing now is increasingly being seen as a strategic capability. That's the whole impetus of "bringing it back." As you correctly point out, the United States is manufacturing more now than it ever has, while simultaneously decreasing manufacturing jobs thanks to industrial automation. The ineptitude of this administration is leading them to try to bring everything back, which is impossible - we literally don't have enough manufacturing capacity to make everything, without any discernment to what is strategic. The CHIPS act, that was strategic: bring back semiconductor manufacturing. But bringing back the manufacture of Barbie dolls and MAGA hats? Who cares?! It'll be ironic if all we get back is the junk manufacturing while the strategic stuff remains manufactured abroad.
- anovikov 1y agoWell, the manufacturing capacity isn't difficult to build out having plenty of capital, land, and energy - which U.S. all had aplenty, and a Republican administration can rather easily cut corners in environmental reviews and other typical roadblocks. Questions is indeed, whether it's necessary at all. As for chips, 3 TSMC plants will cover most if not all US demand for high-performance chips. One of them already operates, another one is built out and it's just a matter of training staff now, 3rd one is in construction. No reason to worry much about it anymore.
- taylodl 1y ago> Well, the manufacturing capacity isn't difficult to build out I can't take you seriously after that opening line. What, you think you snap your fingers and a manufacturing plant appears? There's site planning, site preparation, construction, industrial automation engineering, tooling, and trials runs to get through - and that's just the high-level tip of the iceberg tasks that needs to be done. Where are all the people to do that going to come from? You need people with experience, and those people are already in short supply. Moreover, where's all the CAPITAL needed to make this happen going to come from? Who's going to be willing to make that investment knowing that the political whims can change just as fast with the next administration as it did with this bozo administration? Stability matters when making 20 year plans and the Trump administration is the polar opposite of stability. You can see the only thing we can jump in quick and start producing is the low-quality, low-cost cheap, throwaway crap. China has discovered it's difficult transforming yourself into a manufacturing powerhouse churning out that cheap crap. Now you want the US to do it? That's insane!