What it would take to rebuild U.S. manufacturing might
axios.com
axios.com
I have a feeling factories will use H1B Visas to bring in immigrants to do the work and fire them as soon as the H1B Visa expires, and hire all new H1B Visa workers.
As purchasing power in China grows, their labour costs grow because they start demanding similarly unpolluted environment, and dirty production will start moving to the next country.
Is it not the answer that you demand a clean production or stop using products which cannot guarantee it? The fact that consumers do not apply this logic means that NIMBY can only take you so far, because if we accept polluting production, some humans will have to deal with it somewhere.
Ah yes, who can forget everyone's experience at the Denver, Colorado zoo, a 10 minute drive (or 30-40 minute bike ride) from a massive oil refinery operating since the 1930s. Same with the Rocky Mountains, totally polluted and gross by the likes of factories like Coors. Definitely stay away from those places. Sundance Film Festival in Boulder, CO? With so many factories up there and everywhere around, what's going to get them first, Colorado's water, air, or rain?
I see, we're currently headed in the direction of falling skies, imminent nuclear threats and various other nasty Godzillas which, of course, urgently require more sacrifice from the population for more "preventive" wars, both trade and kinetic, so that the value of assets concentrated in very few hands can grow faster.
It's really urgent, honest! These same hands benefited greatly from globalization, but now, on the way back, it's your turn to sacrifice for their continued benefit.
We can't change material cost at the moment, but this is something we could have influence over. Recycling steel and aluminum would be dirt cheap. We'd leap even farther ahead in training AI models. We'd reduce carbon emissions from shipping. So many beautiful outcomes.
I can dream. If there's one upside to the AI boom, I hope we see a plethora and overbuild of power infrastructure and a second coming of nuclear energy. Alas, both blue and red hate nuclear when both should love it.
or are you imagining nuclear power as some sort of variable base load for renewables, using some sort of improved plants or something?
Fairly modest tariffs and incentives would probably swing things. It needs to be planned ahead though as training and building factories takes a while. One reason China is strong now is they trained a load of engineers 20 or 30 years ago.
TPP was an attempt at this.