Comment by pjc50
12 days ago
A great analyst once taught me the response question: "yes, and so what?" What's so magic about manufacturing as opposed to all the higher value work of the US economy? Have people not noticed that the average American is still richer than the average Chinese person by a long way, and (yes, painfully) more so than the average European?
If you're going to talk wars, then .. US military manufacturing is still the world leader yet again. Plus the nukes.
Here is a what: there are a lot of Americans (and similar for Europe) who did not go to college, and their kids are not going to college. Of they went to college but got a degree that doesn't have good job prospects. These people would be better off with manufacturing jobs than what they can find. This is probably a minority, but it is a large enough minority to swing elections and thus important.
A lot of the war stuff gets framed in very odd terms. If you want a local defence industry then pay for it. Enforce component sovereignty requirements... Which everyone already does. Then actually react to reports which call out the gaps and pay to close them.
This bizzare "we'll bring back manufacturing and be ready all the time" thing seems to imagine you'll just turn the local widget maker over to knocking out high temperature stealth composites for hypersonic missiles real quick.
Which is of course the story of a lot of American manufacturing: it's hard to get a hobby run of PCBs because all the PCB makers are optimized for large orders for defence procurement (and the clearance, supply line and stuff requirements that brings).