Quote (thundercock @ 8 Jan 2022 07:28)
I don't think that's necessary. If you export labor to friendly countries, it's a win win for everyone involved. A substantial portion of our supply chain woes are domestic anyway.
In geopolitics, there are no "friends", just shared interests. You are right though: it's unnecessary to bring all manufacturing in key sectors back home - it would be enough if production and expertise was decentralized and spread around a sufficiently high number of different countries. It's only a problem when one country holds full control over key technologies or production.
Quote (NetflixAdaptationWidow @ 8 Jan 2022 06:06)
We need to incentivize companies to bring manufacturing back with high tarrifs and incentives. Carrot and stick. The supply chain disruptions has made it clear the costs of outsourcing will eventually come back to bite us in the ass. When we need these things the most, such as during emergencies, are the times when supply chains are the most fragile, and as such we can't just wait for an incredibly bad disaster to make us realize that.
The donor class on both sides of the aisle hates hates HATES tariffs. Not gonna happen.
In hindsight, it's kinda baffling how - back in
2016 - both Trump and Bernie were already arguing that outsourcing and the loss of manufacturing is a disaster and that tariffs are not as bad as the neoliberal propaganda of the preceding 30 years had been telling us.
This post was edited by Black XistenZ on Jan 8 2022 11:55pm