2. If we do, what cost are we willing to pay for it?
2. If we do, what cost are we willing to pay for it?
In my view, the way forward is, unfortunately, automation. We can't bring that manufacturing back using the same labor basis as is used in Asia. Just to put that labor basis in perspective, we'd be looking at millions of jobs that the military would be funding through sub-contracts. We have to get some of that work done through industrial automation without creating jobs. We need to do that not only to make this sustainable, but really even to make this feasible at all.
I recommend this quasi-review of Rivethead by Ben Hamper if you want a taste of what "manufacturing jobs" were actually like: a lot of people drinking themselves stupid to escape the monotony and utter lack of agency in their work. And this was at one of the Big Three automakers, supposedly the peak of what we're trying to return to! [0]
[0]: https://kontextmaschine.tumblr.com/post/96390732283/happy-la...
I can't help but feel you are romanticizing manufacturing jobs. The vast number of manufacturing jobs that "give people purpose" are still here - those people just travel to china once a quarter.
The guy that stands at a station for 8 hours a day, stamping the same 4 bolts into a car frame does not have anymore "purpose" than a guy running around in an Amazon warehouse.
You think those factory workers have a better job ? Imagine sitting 8 hours a day, just screwing screw.
1) Meet or exceed spec (this shouldn't be a problem)
2) Lower TCO than competition -- labor, automation (this is where the US is current uncompetitive on the lower-end, very competitive on the high-end).
3) Non-cost strategic requirements compared to the competition -- supply chain resilience, national security, lower lead time, consumer preference for US made (but not all products fall into these categories)
4) Benefit from policy intervention like subsidies, tariffs, tax incentives and regulations vis-a-vis competition (the problem with these protections is they make US products uncompetitive in the long run in the international market -- US cars for instance are not competitive in most countries)
Sanctions weren’t effective on Russia because they had most of what they needed domestically and partner markets to sell those goods to.
When the US tried to impose sanctions on China, China called the bluff and blocked strategic materials. The US “trade deal” wasn’t much different than how it started.
In terms of willing to pay for it; what’s having a country worth? Because if a competing country can withhold resources you need, you’re effectively a junior partner.
Ultimately, reduce over seas benefits, tariff and offer tax write offs to build on shore. Then you’ll have better higher paying jobs and onshore manufacturing. More real GDP from goods will not have a negative impact or cost, it’s part of why Germany and Japan grew rapidly (they had tight import controls, to build a domestic industry).
Also, the majority of the country voted for Trump and this was his #1 issue. Like him or hate him, the desire for domestic protection is what elected him.
When we started shipping manufacturing jobs overseas people in power would say that the future was in service jobs. Ha! What a joke. Every population has a bell curve distribution --i.e. not everyone can work toward being a high value-add service jobber.
We manufactured high end handsets (Motorola) stateside till roughly 2014. Sun manufactured workstations in the East bay. If you go back further Cisco and 3Com used to manufacture in the South bay.
It was better than working at Mickey D's. So, yeah, we'd want these stateside. Better than having people out in the streets strung out on drugs not even aware their lives are going down a whirlpool.
Everyone since Obama paid lip service to bringing back manufacturing jobs --they were doing this to pretend they cared about the blue collar folks Clinton, G "H" W and G "W" sold out. I blame Clinton the most because he just let China ascend to the WTO despite knowing the Chinese had loopholes allowing them to ignore much of the conditions. "W" just didn't care.
In few years there will be no one to buy said services and everything will implode.