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by winter_blue
2449 days ago
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> War requires a lot of basic manufacturing capacity A lot (if not most) of military machinery is still manufactured in the US. Boeing, Lockheed Martin, and Northrop Grumman build our planes. General Dynamics, Oshkosh, and others build our tanks. Raytheon makes some of our missiles. In fact, here's full list of who's building our defense tech: https://en.wikipedia.org/wiki/List_of_United_States_defense_... -- As you can see, it's mostly home-grown and home-based American companies. We've done a very good job of keeping our most critical and sensitive manufacturing jobs inside the states. It's mostly consumer goods manufacturing that's moved abroad. I don't see any particular benefit in bringing it back stateside. Making things in low-wage countries like Vietnam or China dramatically slashes costs for the consumers, allowing us American consumers to live a more lavish lifestyle. Forcing consumer goods to be manufactured in the U.S. would dramatically drive up their prices, and in effect be an indirect tax on the American consumer. Moreover, the U.S. is nearly at full employment. Who's going to staff the factories that will make consumer goods? With the extreme hostility to immigration we have under the folks in charge now, I don't see any new immigrants being let in to work at these new factories. Companies would be forced to build fully automated factories (due to labor shortage), and there'll be jarring period of high consumer goods prices while software engineers write code for new robotic/automated manufacturing of basic goods. Maybe in the end, this newly written software will (with its development cost amortized over time) allow us to undercut the prices of even low-wage human-requiring manufacturing and become a reigning manufacturer of all sorts of things -- but that benefit feels fairly remote, far-fetched, and hard-to-achieve. |
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I understand someone struggling who needs to buy the no name soup made in China but your 1,000 dollar cell phone only costs 250 to make. If the price went up to 400 your phone would still be a 1,000. That's what people will pay for it. If people cannot afford more the price will stay the same or go lower until Apple can't make a profit.
The jobs and spinoff businesses and increased security better environmental conditions worldwide vs Apple adding more money into a bank account. Cellphones are a bad example.