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I think manufacturing is coming back no matter what, either to the US or to Mexico. The entire Covid-19 thing taught us a lot about the vulnerability of our supply chains.
I think manufacturing is coming back no matter what, either to the US or to Mexico. The entire Covid-19 thing taught us a lot about the vulnerability of our supply chains.
For Apple, there is no issue with vulnerability of supply chains, once they become TOTALLY a Chinese company.
I think manufacturing is coming back no matter what, either to the US or to Mexico. The entire Covid-19 thing taught us a lot about the vulnerability of our supply chains.
I think there should be a government mandate that a certain percentage of essential items have to manufactured in the USA. I am mainly thinking of medical supplies.
With all the manufacturing moving around, and the world becoming more consolidated, everyone will move towards a higher standard of living. Once everyone is at a close to equal level, then what will or who will make the stuff?
With all the manufacturing moving around, and the world becoming more consolidated,
everyone (might/could/perhaps) move towards a higher standard of living.
Far more likely however is that MOST, being unproductive, will be effectively set aside.
Some of that setting aside will be rather uncomfortable.
Far more likely however is that MOST, being unproductive, will be effectively set aside.
Some of that setting aside will be rather uncomfortable.
What do you mean unproductive and set aside? Do you mean like how America is unproductive, and just does FIRE? Are we being set aside now in your scenario?
I think there should be a government mandate that a certain percentage of essential items have to manufactured in the USA. I am mainly thinking of medical supplies.
how are you going to enforce that?
who's going to be the philanthropic, charitable person that's willing to set up a money losing enterprise?
I think there should be a government mandate that a certain percentage of essential items have to manufactured in the USA. I am mainly thinking of medical supplies.
Quote:
Originally Posted by blahblahyoutoo
how are you going to enforce that?
who's going to be the philanthropic, charitable person that's willing to set up a money losing enterprise?
I think there should be a government mandate that a certain percentage of essential items have to manufactured in the USA. I am mainly thinking of medical supplies.
There is that government mandate.
That is one reason Trump went ahead with tariff's on steel imports. It is also why we have agricultural subsidies for essential food supplies. The Federal government has plenty of tools at its disposal to require items be manufactured or produced in the United States.
Over the years, particularly since 1988, with globalists in charge of our Federal government, more and more of critical defense needs were allowed to be manufactured by "allies", and outside the country.
I am not an expert in this field, but there are many, many industries that are critical to the defense effort, including some that you would not expect. I could not find current documents in a quick search, but this report from GAO in 1988 is worth reading from a background perspective.
Shifting of production of medical supplies and other critical infrastructure to China was.....well, some folks should be in jail. Those in our political leadership that allowed it to happen.
Short story......in a field that I am an expert.
Back in the 1970's I quit my job and took a long, long bicycle trip through Europe. I could not help, but notice, the extensive planted forests in Britain. For a country with little land, it seemed like a poor use of national resources.
One night I "illegally" camped on HER MAJESTIES FOREST and promptly got busted by the forester in charge the next morning. Professional courtesy and and all I got a tour of his forest, logging operations, and a invitation to spend the night.
I asked him the question about the thousands of acres of planted forests. It turns out, that Britain almost lost WWII in early days, because they almost ran out of PAPER. Sounds funny, but in those days paper was the way things got done, particularly in a major war.
The British government said, nope, going to fix that "defense issue" and they planted thousands of acres of trees and even set up forestry schools to train the foresters to manage the forests. All of this was done as a DEFENSE measure.
Even the Biden Administration isn't going back having essential materials produced in China. The question is how quickly we move in that direction.
subsidies are a great way to get an industry dependent on handouts. in the end, we all pay for it via higher taxes.
I'm not saying I have a solution to the problem, but I don't believe subsidies are the solution to this problem.
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