SBG
kiwifarms.net
- Joined
- Nov 7, 2019
I don't really see how it would.GOD DAMN. I'm starting to wonder if the push for manufacturing is going to work at all.
at least chinese new years is over. just have to eat the costs and see where we are in a month or two.
I'm honestly in favor of trying to get more manufacturing in the US, but you can't just say an entire supply chain that has depended on a multitude of countries now needs to all be moved into the US within even a few years without it causing mass mayhem. How would you even build it up when you need materials from other countries to build a factory of whatever sort?
Would cost a fortune and the only way it'd be economically feasible to replace a bunch of the third world labor is if you had mass automation, which means a fairly limited amount of job growth would even be coming into the US. And that's only if a ton of people were willing to invest on the gamble that a highly automated factory in the US would even be profitable given the iffy tariff situation.
Reminded me of this video from Andrew Chen of denim brand 3sixteen that's floating around talking about the effect of tariffs on his company. You pretty much have extra costs being talked onto all supplies needed for some companies to produce their goods so everyone will get to feel the pain, all thanks to a fantasy some people have concocted that it's reasonable to demand all businesses cut themselves off from the rest of the world.