The U.S. imports more than $3 trillion of goods. Can manufacturing meaningfully come back? How much will Trump succeed in his efforts?

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by wakeup2019

11 comments

  2. The return of factory jobs could mean the return of high paying union jobs for many Americans. The Republicans will do their utmost to fight this.

  3. If we stick with the strategy for the next 25 years or so and people are willing to pay more while making less and facing shortages I think we’ll get there!!! USA!

  5. Let me try and explain why this not happen in any meaningful way with an example.. I have a unique perspective because I have lived in the US and in india

    I will use apparel as an example because most of the apparels sold in US today are manufactured somewhere in asia (China, bangladesh, india, vietnam etc)

    Apparel industry is a very labor intensive industry. I have an apparel unit near my house and I see the number of people who work there. And it is pays very poorly.

    If you want to continue paying 40-50 dollars for that levis jeans, there is no way it can be manufactured in the USA. Even if you create the necessary factories/units/capacity, there are not enough people who want to work in that industry in USA and if you have to pay them living wages, you are probably paying 100 dollars for the same pair of jeans.

    The same logic can be applied for other categories like

    1. Electronics
    2. Toys
    3. Household goods etc etc

    The US needs to figure out what it is good at manufacturing and just focus on that (Like weapons for example)

    The US needs to take the route that germany took (Yes their economy is not doing great but that is due to other reason)

    Germany made great luxury cars, precision equipments, speciality chemicals etc and exported them to the world. They were expensive but their quality was such that people were willing to pay for them.

    If US tries to bring back manufacturing of regular every day use thing. it will fail and consumers will end up paying more in the short term ..

    Not that this is all a secret.. every one knows this but trump sold a dream (he is a good seller even though he will never deliver) and everyone lapped it up even though it is not realistic..

  6. He won’t. He won’t make the policy investments needed to re-shore manufacturing.

  7. We don’t need manufacturing jobs. Employment rates have been very good for a long time now.

    If manufacturing returns here, quality might improve, but it mostly means more expensive goods.

  8. Trump didn’t bring back jobs in the first 4 years. His policies on immigrants, corporate tax breaks, tariffs and austerity are going to put a massive strain on the US economy and its people.

  9. Let me spell it out….Rather than pay US workers a living wage – get it done overseas – pay the tariffs – add the cost to the sell price back to US consumers- no factory costs, no labor costs, no overhead – they can sit on the product until it is sold. They plan to decimate unions and manufacturing and the people paying more will be the the person buying the product

  11. The US still has plenty of high dollar manufacturing. Think aerospace, medical, auto. These are highly skilled jobs that pay good but with the invention on CNC machines, 3d printers, etc they require more skilled labor and less labor overall. We can bring back manufacturing but it’s not going to bring back a ton of high paid jobs, we’ve let those jobs go offshore for a reason. Yes we could make a lot of things here, except being a clothing manufacturer is going to pay the same as being a waitress. Lower cost goods is the benefit we reap when offshoring those jobs. We can manufacture everything here just double or triple the cost of goods. I’m all for it but seeing the most recent election was decided on the cost of a dozen eggs I don’t think many Americans would like it.

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