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This Is the Moment We Find Out if Trump Is for Real
They want onshoring of factories/jobs but that means higher prices for products produced here due to cost of labor. Automation is probably the only way to keep prices down to compete globally. Until they find a way to really raise average American workers pay all the other stuff will not work. Who's going to buy the inflated made in America products if the minimum wage is $7.25. PS: Union busting is not going to raise workers pay. National healthcare would actually have a huge impact on the above but money talks and current insurance companies are not going to give up their golden egg easily. rambling thoughts....
Onshoring of manufacturing, in my opinion, would take a generation: a "lost" generation of feeble statistical economic growth, inflation, and with young people's expectations for a better life hammered into the ground. The reversal into domestic manufacturing via more automation will reduce job prospects. Union busting is a tool used by uber-wealthy slimebags with no heart or soul. I see in the news that Boeing is just lately hiring scabs.
The onshoring of manufacturing requires huge investments of capital and it will it take considerable time. If onshoring does indeed occur, it likely will not lead to an appreciable increase in jobs. Automation will be widespread in these factories/plants.
It will take a long time to pan out, certainly ... if it ever does. What is the incentive for the massive corporate investments required, given long planning and construction time, with all the complete unknowns of several years in the future? With some of those years being a likely Great Recession II, or worse? With the U.S. being an untrusted quantity in the rest of the world? With so little room for public investment given the extraordinary debt piled on from the tax cuts for the superwealthy (Reagan, Bush, Trump twice)?
What trump is about is enriching trump and exercising power for his feeble sense of self. And to think there might be a grand design is the ultimate act of self delusion.
It is not the end of WWII, there are alternative markets now. America's wealth is still advantageous, but not critical, to the emerging economies worldwide.
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If onshoring does indeed occur, it likely will not lead to an appreciable increase in jobs.
Automation will be widespread in these factories/plants.
Yeah there's no real there. Less than phony baloney.