Trade War: Why It's Hard To Bring Manufacturing Back To The United States
The video makes some good points; let's watch them and then talk a bit about them: Diligence : Yeah, Americans are not working longer hours in a factory without extra pay. If the Cost of Living and Quality of Life were better, maybe... Cutting Edge Technology : China is introducing flying taxis to go along with their high-speed rail and attempts to cure cancer ; Americans are still arguing over fixing roads and bridges (which would have created a few more jobs) and giving citizens universal health care. We are not the same. Decades of Manufacturing Experience : So much so that it's part of the Chinese culture at this point. It would take years for Americans to catch up, and as Phillip Scott pointed out, we can't even get Americans to farm when presented the opportunity. Also, with the Department of Education being attacked, good look streamlining that training in any efficient way. Low Industry Power Costs : When the utility companies aren't concerned with squeezing...