4 ms·
the US and china are basically the same size geographically though? and the US federally owns tons of land it can create manufacturing cities out of
by 8note 3mo ago
the US and china are basically the same size geographically though? and the US federally owns tons of land it can create manufacturing cities out of
- traceroute66 3mo ago> and the US federally owns tons of land it can create manufacturing cities out of Ok, being generous and accepting your point at face value .... What about the people staffing those manufacturing cities ? Is the state creating them too ? I seem to recall reading somewhere that – at most – the US could "find" 200,000 people for new manufacturing plants. Sounds about right to me, no ? I think even with a generous mind the US would struggle to "find" much more than that, let alone getting to or exceeding 1 million which is the value you would need for seriously thinking about >1 manufacturing city.
- nradov 3mo agoThe US labor force participation rate is currently at a relatively low level. There is plenty of surplus labor available with the right economic incentives. https://fred.stlouisfed.org/series/CIVPART https://fred.stlouisfed.org/series/CIVPART
- gruez 3mo agoIsn't that just due to people retiring? https://fred.stlouisfed.org/series/LNS11300060 https://fred.stlouisfed.org/series/LNS11300060
- nradov 3mo agoNo, the labor force metrics only include people of working age.
- gruez 3mo agoThen why does my link specifically have a "25-54 Yrs" qualification, and has a totally different shape compared to the first link? The difference between the two is stark, 21.8 percentage points. Do you really think there's that many people willing to work between 18-25 and 54+?
- traceroute66 3mo ago> Do you really think there's that many people willing to work between 18-25 and 54+? And willing to work long hours at the minimum-wage rates required for US-based manufacturing .... P.S. 18-25 and 54+ ... its actually 16–25 and 54+ I don't think you'll find many 16–18 year olds biting your arm off for a job in manufacturing either...
- nradov 3mo agoUS average manufacturing average wage is $36/hr, which is far more than minimum wage. https://fred.stlouisfed.org/series/CES3000000003 https://fred.stlouisfed.org/series/CES3000000003
- traceroute66 3mo ago> US average manufacturing average wage is $36/hr, Chinese-scale manufacturing cities in the US at $36/hr ? Yeah, that ... ain't happening.
- foco_tubi 3mo agoThe average does not represent the entry level wage, which is closer to minimum wage in some states. Why would you risk losing an appendage in a factory machine if you can fold t-shirts for the same pay?
- yorwba 3mo agoThey include the civilian noninstitutional population, which includes retirees who are not institutionalized in a nursing home: https://www.bls.gov/cps/definitions.htm#population https://www.bls.gov/cps/definitions.htm#population
- 8note 3mo agoas far as people go, the US could grant citizenship to all those people its trying to deport? and there isnt a lack of people that would accept working in one of said manufacturing towns for 10 years or something to get US citizenship? If manufacturing was a serious problem, the US could definitely solve that problem too.