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by carlosdp
493 days ago
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Repeal the Jones act, get a commercial shipbuilding market going again domestically. In the meantime, leverage the best asset we have: alliances with western nations. South Korea is really good at shipbuilding, to the point they are now authorized to repair US Navy warships based in the PACCOM AOR. Let them build ships for us too. |
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How do you start a flywheel? Our industry is light years behind China and would be prohibitively more expensive.
Tariffs? That's a moral equivalent of the Jones Act, just with more options for buyers.
The thing that worked really well for China was to force Western manufacturers to partner with their domestic industries so that they could learn the tricks of the trade, then be kick the Western companies to the wayside and discard the relationships when they're no longer useful.
I don't think we can mimic the China playbook because of our labor costs. There's no gradient or arbitrage to exploit. Maybe a partnership between the US and Mexico where we take advantage of Mexican labor, yet use US capital and retain ownership?