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America underestimates the difficulty of bringing manufacturing back

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842 points putzdown | 1 comments | 15 Apr 25 13:50 UTC | HN request time: 0.209s | source
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asdajksah2123 ◴[15 Apr 25 14:25 UTC] No.43693223[source]▶
America does need to bring back manufacturing. Not because a manufacturing job that pays $25/hr is somehow better than a service job that pays $25/hr.

The US needs to bring back manufacturing for strategic reasons and in strategic areas.

And it needs to have the capability to scale up manufacturing in response to emergencies.

But also, importantly, the US doesn't need to do this by onshoring all manufacturing. Near shoring and friend shoring will have to be extremely important components of adding these capabilities, and unfortunately, teh actions the US is taking will likely hurt nearshoring and friendshoring and will end up making the US less strategically capable in manufacturing even if it's able to reshore a significant amount of manufacturing.

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1. kelseyfrog ◴[15 Apr 25 14:32 UTC] No.43693315[source]▶
If we're going to defy the invisible hand, we should at least do it to benefit people in a concrete way - health care, education, UBI. Doing it for "strategy" is equivalent to simply burning the money people would have otherwise saved by doing nothing.