Comment by constantcrying

12 days ago

Building up manufacturing has always been a period of pain for the population. There is so much to learn and so much hard work to do with, at least initially, so little gain.

Competition is extremely high initially, products will be ridiculed for being expensive and low quality. Companies will fail and go bankrupt, workers will suffer from that.

"Bringing manufacturing back" is a path of pain, not a way to fast economic success. There is no way to change that, tariffs will certainly not change it. Are Americans ready to leave their office job and work overtime in factories and engineering departments? No, automation will not do this for you, you are competing with a country which knows far more about automation than you do. To compete with them you need to be better and cheaper.

Lastly look how Germany struggles, right now. Their industry is in large parts starting to loose any competitive edge and will continue to do, unless very significant cuts are made somewhere. You can not keep the same living standards while someone is doing twice your work for half your costs.