Comment by bsder
20 hours ago
> The business loses employees to Walmart etc. despite the factory having higher pay and significantly better benefits.
I'm SUPER doubtful of this.
When I last bumped into this, the local Amazon warehouse paid more than all the local manufacturing. It wasn't even close.
Local manufacturing got used to being a local monopoly and being able to underpay. Now that they're not a monopoly, all they do is whine and complain.
The issue is of course there is no market for US made goods at a good salary when other countries were selling their goods in the US market without impediment.
Tariffs were supposed to fix that, but now I don’t know if they are effective at all.
> The issue is of course there is no market for US made goods at a good salary
The Smarter Every Day scrubber demonstrates that is not true: https://www.youtube.com/watch?v=3ZTGwcHQfLY
The problem is that the US has systematically destroyed all the ecosystem required to manufacture by outsourcing everything.
Maximally efficient is minimally robust.
Yes that is usually point of the tariffs. Not this time as they are too broad (include products like coffee) and not stable (announced one day than delayed/dismissed etc.). Point of tariffs that current regime made is to destabilize both domestic and foreign markets.