Re:The US is building factories at a wildly fast rate
by FrustratedMonky on Thursday June 08, 2023 @05:44PM
(#36249620)
Well. The reasoning is still valid. The corporations will follow cheap labor (or total cheapest cost, which labor is big variable).
What you are saying is that both sides have agreed to put policies in place to make foreign goods more expense, to the point that domestic labor can be competitive, and corporations will move manufacturing back to the US.
But as others have posted as questions. Is this sustainable? If the US is not competitive unless barriers are put in place, can that be done indefinably, or will this naturally reverse again when the US Gov can no longer afford to prop up a more expensive and inefficient workforce.
What you are saying is that both sides have agreed to put policies in place to make foreign goods more expense, to the point that domestic labor can be competitive, and corporations will move manufacturing back to the US.
But as others have posted as questions. Is this sustainable? If the US is not competitive unless barriers are put in place, can that be done indefinably, or will this naturally reverse again when the US Gov can no longer afford to prop up a more expensive and inefficient workforce.