Should we bring manufacturing jobs back to the US?

Updated on : December 7, 2021 by Max Reid



Should we bring manufacturing jobs back to the US?

We must aim for advanced manufacturing. We have a few ways to do it.

Fair and free trade. Try to have all fees removed. If countries have tariffs, we do not trade with them. If countries want to do things better for their people than yes. We have free trade with them

Corporate Tax Cuts: Cutting These Does 2 Things

  1. Encourage people to start businesses.
  2. Encourage people to expand their business.

I'd say it's 10 percent.

Tax benefits for investing in advanced manufacturing. Think of it this way. When an investor buys a facility, he cancels it for several years. Leave th

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We must aim for advanced manufacturing. We have a few ways to do it.

Fair and free trade. Try to have all fees removed. If countries have tariffs, we do not trade with them. If countries want to do things better for their people than yes. We have free trade with them

Corporate Tax Cuts: Cutting These Does 2 Things

  1. Encourage people to start businesses.
  2. Encourage people to expand their business.

I'd say it's 10 percent.

Tax benefits for investing in advanced manufacturing. Think of it this way. When an investor buys a facility, he cancels it for several years. Let them cancel it for 15 years (as they should have adjusted to all buildings, including apartment and office buildings). Also allow them to amortize Machines and equipment in 1 year.

The next way is to reduce the tax on capital gains and dividends. I like 10 percent.

The last form is a made in America tax credit. This allows any company that makes its products in the United States to pay zero taxes on the profits of that product.

Let me know if you have any questions.

Certain manufacturing jobs must be made up. Others whose foreign manufacturing is up to US standards shouldn't. Deciding which one should stay abroad and which one should be returned is a complex and dynamic process. For example, certain portable generators (available at Costco) were shipped overseas (to China). Reviews on generators were very unfavorable due to manufacturing defects. Should the Chinese be given more time to master the manufacturing process? Or does the process reach the United States?

Yes.

You see, despite the push for high-value jobs (e.g. finance, software engineering, etc.) that can be found in the policies of many countries, there is an obvious flaw that is rarely mentioned.

And that flaw is that not everyone is intellectually capable or willing to do such jobs. Education has nothing to do with this. If you have it; you got it. If you don't; nothing will make you have it.

That's where manufacturing jobs come in. While still much more advanced than it used to be, manufacturing offers an alternative to so-called high-value jobs. If you don't want to leave anyone beh

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Yes.

You see, despite the push for high-value jobs (e.g. finance, software engineering, etc.) that can be found in the policies of many countries, there is an obvious flaw that is rarely mentioned.

And that flaw is that not everyone is intellectually capable or willing to do such jobs. Education has nothing to do with this. If you have it; you got it. If you don't; nothing will make you have it.

That's where manufacturing jobs come in. While still much more advanced than it used to be, manufacturing offers an alternative to so-called high-value jobs. If you don't want to leave anyone behind, then these jobs are necessary.

Yes, there is nothing wrong with skilled jobs! Hourly pay is fine! Working with your hands is a good job! I like to call a plumber, electrician, builder, pest control, car repair! I like paved roads, electricity, and plumbing, to name a few! Make your products they need in America! Liberals don't like having to pay a Republican who makes America great!

Have you locked in COVID-19 vaccine factories and Tesla production factories? They are highly automated and very little human intervention, most of our factories in China or anywhere in the world are already highly automated or in the process of automation. And we will enter the revolution of globalization, that we will have factories all over the world and fully automated and independent of work.

Yes absolutely. Many workers could do those jobs with very little training or education, and cities with good manufacturing jobs tend to have a lower tax rate and a better economy.

Absolutely, manufacturing jobs pay well with good benefits, and many people need jobs that they can have stability with and retire with. Also, when we create products, it contributes to our desperately needed GDP. We also got a big wake-up call when covid hit and all of our medical supplies, drugs, and just about everything else stopped because they come from China.

As much as we should have, it would be the price of labor that would have and has prevented it. Nobody wants to hear that, but that is what is happening. That's why those jobs were shifted abroad in the first place.

Competition in the world market is an important factor. Having your quality products or services at a competitive price within the parameters of global commerce is paramount for sales, profits and sustainability.

How, manufacturing jobs in China cost $ 3.25 per hour.

I have a different understanding based on my 30 years of experience with manufacturing in the US and in Europe.

First of all, there is a higher value of goods that are produced in the US now than 50 years ago, but all of those goods require a tenth or less of labor than they used to, so, of course, you have fewer jobs.

Second, make a comparison between the US and Germany, where over the past 30 years they have taken the lead in the automotive industry, high-performance buildings, machine tools, and premium consumer goods.

They have also done so despite higher wages and more than double the holidays.

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I have a different understanding based on my 30 years of experience with manufacturing in the US and in Europe.

First of all, there is a higher value of goods that are produced in the US now than 50 years ago, but all of those goods require a tenth or less of labor than they used to, so, of course, you have fewer jobs.

Second, make a comparison between the US and Germany, where over the past 30 years they have taken the lead in the automotive industry, high-performance buildings, machine tools, and premium consumer goods.

They have also done so despite higher wages and more than double the vacation time. I don't think the Germans work harder than the Americans; in fact, they are likely to work less diligently. While America is very favorable for the evolution of companies such as Amazon, Facebook and Apple where the information component predominates and few trained workers are required, the German industry is favored by a broad support of highly trained workers; almost 100 times more than the United States does for the apprentice ship. European CE accreditation, while a hassle for many manufacturers, in the long run results in much better products. The most popular cars on Chinese roads are BMW and Mercedes and you will hardly ever see anything made in America.

On the other hand, the United States has enormous advantages in capital markets, an almost universal use of English, and a massive domestic market. Even these advantages are wasted because the United States does not have a long-term vision regarding manufacturing. America had a huge advantage after World War II, which was also wasted because it was too easy to be successful in America. Socialist programs like Medicare for All, Free Universities, and Professional Schools that we believe are not necessary for America to succeed and for many decades we have been duped by a successful stock market that injects all profits into the Top 1. % and left salaries flat for most of the population for decades.

Another small example that shows the inability of the United States to adopt a global view is, in our absurdity, a continuous use of imperial units when the entire world has become metric. In my 30 years in business, the cost of operating both sets of units far exceeded my earnings for 27 of the 30 years. The United States is so selfish that it thinks it does not need to follow any rules that it did not create for itself.

Part of this wrong mindset contributed to the OFT's repeated declaration that the United States is the largest country in the world. While Americans have congratulated themselves on their success, all other developed countries have been far ahead of the United States in areas such as health care, social safety nets, freedom from violence, and higher education for all ( not just for the few who can afford it). . Being convinced that the United States is the largest nation in the world has also encouraged residents to be among the least traveled and least open-minded of all developed countries. We are mired in religious struggles over issues like gun violence and abortions that all other developed countries solved half a century ago.

Another comparison that you will see abundantly when you go to China is that Germany is selling a lot of consumer goods and industrial tools, but it does not buy anywhere near as much from the Chinese as the United States does on a proportionate basis. Germans still tend to appreciate that if they want to buy a consumer item, it is better to buy German or at least European. That's also true in America, top-of-the-line products are made in Europe, and low-cost products are made in China.

There is no definitive data to suggest that President Trump has brought major jobs to the United States. How could he? The jobs went to China through decisions by US corporations that wanted two things; One to get cheaper products to sell because the cost of labor for low-value goods was too high in America. Americans no longer wanted to work for low wages in sweatshops and then needed medical attention, etc. So naturally, the manufacturers of such products moved to China and many other places. The other reason they opened factories in China was to expand their sales to the huge and growing

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There is no definitive data to suggest that President Trump has brought major jobs to the United States. How could he? The jobs went to China through decisions by US corporations that wanted two things; One to get cheaper products to sell because the cost of labor for low-value goods was too high in America. Americans no longer wanted to work for low wages in sweatshops and then needed medical attention, etc. So naturally, the manufacturers of such products moved to China and many other places. The other reason they opened factories in China was to expand their sales to the huge and growing market in China, and this greatly supported American manufacturers making quality; market goods.

It is a great victory for the United States and President Trump has no idea about any of this. He is simply an ignorant person, sorry to say. He couldn't demand that American companies go back to making cheap products in the United States, even if he wanted to.

US exports to China grew more than 80% in the least ten years to about $ 120 billion in 2019. What's wrong with that?

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