How Can the United States Grow Manufacturing?
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- Опубліковано 21 вер 2024
- Shortages of everything from face masks to semiconductors have driven home the need for the United States to strengthen its manufacturing base and ensure it can make the things it needs to function.
But what will it take for the United States to get the job done?
We need to keep our Jobs here in: America. Let's make it happen!
your leaders are clowns, it wont happen
Joe Biden is doing it, the chips manufacturung will return.
It is absolutely imperative that we get self-sufficient in the manufacturing sector just in case the globalization structure breaks down. we cannot be reliant on China to get our goods.
I have been working in the US manufacturers for the most of my life. You will lose money when you are manufacturing products here in America. The attitude of employees here are to take advantage of employers as much as posible. Taking more breaks, smokers have more breaks, lazy and finger pointers, sue employers for any working rights, jobs not done in time, Americans fingers are big can not handle small parts , Americans eyes are blurry when looking at small parts or items for long time. And employers are hiring employees from Asia or local minority. So what is different making here or overseas, when your labor force are still depending on immigrants.
The reason all the financial crisis have happened in the last 30 years is cause manufacturing has gone away. Investment banks use to invest in comoanies that would open factories and manufacture. Things they would manufacture would be sold/exported and there would be actual money flow, even would benefit the actual American population. When manufacturing left, banks startsd investing in the things whwre money was left, housing for instance. But that's not built for investing in like manufacturing, no return like that. WE NEED MANUFACTURING BACK HERE IN AMAERICA. Its why we thrives during world war 2 and the following 30 years after.
Good narration!
Subsidies, price controls, wage caps and more protectionist laws regarding foreign trade.
If you want to grow more jobs, that’s the way to go.
The so called “free market” is not the way, cause people gonna chase after the cheapest no matter where, or people will go where they can get a bigger profit margin, no matter where.
The free market is the way, the problem is that these rust belt cities need to innovate, as well as the political decisions that drove millions of jobs out of America need to be reconsidered. Yes the changing economic factors do come into play, but government policies are largely to blame
@@solaireofastora8609 Yeah NAFTA and the China deal ruined us all because of the government. But they can reverse it by taxing outsourced production, making it way too expensive to make it anywhere but here.
@@solaireofastora8609What policies in particular you think those are?
As interest rates in the US rise, there will be A LOT more money flowing into the US from other areas of the world. The result will continue to be a stronger dollar. This will, in turn, raise the price of US manufactured goods overseas and reduce demand for importing them. But super cash rich multinationals, who have factories elsewhere, will in turn begin to put their cash into the US in the form of building more factories here. It seems counter-intuitive, but we will see a tremendous increase in factory and industrial production occur over the next decade, from the Fed raising rates now. The dollar compared to every other currency, where those countries interest rates are just too low, is really strong. If you have cash reserves, you want those reserves to be put into the best rate of return AND most importantly, the relative 'safest' currency. If the Fed kept interest rates too low for too long (which they already have), the money goes elsewhere which has been happening in spades for the past 20 years. The 'pivot' (not the one people want), is that we have now pivoted to high interest rates for the long term. The secular bull in bonds is over, and yields will no longer be going down. So businesses are going to be selling off more and more bonds, and wanting to put that money into tangible assets. They arent obviously going to put that money in homes. So for businesses, that means capital investment in new equipment. Most of asias factories are outdated, and really crappy, not automated or anything. Meanwhile asian wages have gone up a lot, and the risks of shipping have quadrupled. Covid pandemic ignited a sea change in where goods are going to be sourced. Our ports suck. They are overloaded, and have workers that get paid way too much, work way too few hours. So these companies are now looking seriously and investing seriously in not only warehouses to store inventory here, but back to making goods here. Trump was ahead of the re-shoring trend, and knew this was coming with or without whatever he said. He was spot on. He just got booted too soon to have it happen in spades under his watch. Biden is doing everything possible to halt the re-shoring, as he is doing Chinas bidding. Biden will be impeached before 2024. They will tolerate kasmella until the GOP takes over president in 2024. The GOP will likely win both chambers, the house and senate in 2022. Dems are done for the next decade at least. they ruined the country. ruined politics. ruined and rigged elections. Anyway there is no fed pivot back to lower interest rates. Your mortgage rates will be 9 and 10%. in 2023. thats in perpituity. so if you can, dont move and keep that super cheap 2.5 to 3% mortgage rate. I refied for 30 years at 2.75%, figuring that was a generational low. so far that was quite prescient. and my call for higher interest rates for years ahead and massive re shoring of factories too will prove to be true in spades too.
Mid terms speak differently were the red wave they calmed or proof of the fraud in Arizona but like that song says dream on sheep.
1st, junk the Bretton Woods system & re align your currency to gold in order to to reduce debt & inflation.
صحيح
this is just delusional thinking.
So what's the way?
Not delusional if we put it into action. I want us companies to be punished for moving and adding factories in China. Make them pay extra tariffs so we force people here to start manufacturing. I want complete control over the seed industry, recycling industry, metal industry, farming, medical, and mass production industry.
@@USAFORBETTER number one it's cheaper overseas and for some reason the government refused for years to investe in high skilled markets like soft ware development.
@@jbone9900well we can make things that will make it not cheaper. Add tariffs and not 25% I’m talking 200%. Make companies pay wayyyyyyyy more tax if they have one factory overseas. So basically it would be cheaper here at home than overseas. It’ll take many ad campaigns to show the brute force they use for overseas labour especially in East Asia and show the world the enslavement over there.
@@cassiusclark9653 honestly most don't care about others suffering and getting cheaper items will be the future a 50 dollar knive or a 200 dollar knife iam going with the one I can offerd just the facts. Let's change are markets from China to India or Mexico more friendly markets but the cheaper goods will always beat homegrown stuff.
I don't want amerika to grow manufacturing. I want amerika to continue it's gorgeous decline into nothingness. Love it. Nobody deserves it more.
you have problems with the people or the government
L CAUSE AMERICAS ON TOP AND YOU KNOW YOUR A LOSER
Or are you just racist?
The American Empire is responsible for every luxury you have ever enjoyed.
I want every anti American country to starve and crash. How does that sound?