Their real concern is protecting the supply side folks. Basically themselves
You should only be buying from an American supplier, even though we just spent 30 years shutting them all down
Because no one in this admin has a damn clue
Factories won’t be growing up out of the grown churning out parts in 6 mos because of this
The ignorant are shooting themselves in the foot as the ignorant do
> Factories won’t be growing up out of the grown churning out parts in 6 mos because of this
If you wanted to reverse the trend of all the American suppliers getting shut down, and re-build the American manufacturing base, what actions would you take to accomplish that?
Vocational training requires industry to already exist. That's a chicken and egg issue.
What the US lacks is an ability to spin up new manufacturing in the way China can
https://www.inc.com/glenn-leibowitz/apple-ceo-tim-cook-this-...
People that work in manufacturing in America are better described as “assemblers”
The skills to design and “ship” new manufacturing process do not exist here. A dictatorship invested in skills training, with the help of American government (there’s a paper trail in government records leading back to Reagan PAYING to export manufacturing. Not just tax breaks but giving cash money to invest in building new overseas; cause supply side demanded it. I’ll leave it to the reader to investigate under their own agency).
IMO Tesla is leading a revival here, or at least trying to. Cars and their battery/solar work is what people see them as: bleeding edge energy and manufacturing
Wall Street seems to think they’re just a car company. Which is, again IMO, what people shorting Tesla are confused about
People with a clue realize it isn’t just cars and battery pack sales alone
Maybe so, but the US's manufacturing currently isn't strong enough to balance its massive trade deficits:
https://en.wikipedia.org/wiki/List_of_the_largest_trading_pa...