America is finally changing its mind about manufacturing. For the past several decades, Democratic and Republican administrations competed to see who could get more Americans out of dirty "old economy" factory jobs and into clean, fun "new economy" knowledge jobs. The whole operation turned out to be a damaging miscalculation. Tens of millions of workers lost high-paying manufacturing jobs—which were perfectly clean and fun, as far as jobs go. Only the lucky ones found minimum wage replacement jobs—usually the dirtiest and least-fun imaginable. Despite these disappointing results, every American president since Jimmy Carter doubled down on deindustrialization. Biden's economic plans are the first in two generations to push in the direction of making America make things again—with schemes that are hoped will increase investment in manufacturing. We're moving in the right direction, but these are baby steps. We need to keep changing America's mind about manufacturing and about how nations make a living.
So, here we are, spending $700 billion and change for "national security" yet most of our economy is totally dependent on importing materiél for said national security from countries we're in the process of p***ing off daily.
Why is it that our having no sound manufacturing base for vital materials and products within our own boundaries is never discussed on the basis this is a horrendous breach in our national defenses?
I understand your point but I think you have forgotten that so many of our multi-nationals companies decided to exodus to China and other Asian countries for cheaper manufacturing and higher profits. If we doing a direct investment into manufacturing then we have to set up a large ass investment into co-op ownership factories. I heard it was an amazing experiment, which is basically an anti-corporate focus where the profit margin is low but high output with high earnings for blue-collar workers. Honestly, fuck the private industries...their focus is a higher profit period. They will betray the US at no time if other countries offer a higher profit margin to multinational corporations.
Bidenomics: a giant leap for a president, a baby step for a nation
So, here we are, spending $700 billion and change for "national security" yet most of our economy is totally dependent on importing materiél for said national security from countries we're in the process of p***ing off daily.
Why is it that our having no sound manufacturing base for vital materials and products within our own boundaries is never discussed on the basis this is a horrendous breach in our national defenses?
I understand your point but I think you have forgotten that so many of our multi-nationals companies decided to exodus to China and other Asian countries for cheaper manufacturing and higher profits. If we doing a direct investment into manufacturing then we have to set up a large ass investment into co-op ownership factories. I heard it was an amazing experiment, which is basically an anti-corporate focus where the profit margin is low but high output with high earnings for blue-collar workers. Honestly, fuck the private industries...their focus is a higher profit period. They will betray the US at no time if other countries offer a higher profit margin to multinational corporations.