Sure we'll see some manufacturing increase in the US, but a lot of businesses will go away, while others spin their wheels until they have more long term vision. I don't know, and you don't know, exactly how this will play out.
But it makes sense to me that we need to be producers of goods as well as consumers.
If John Deere -- as it did a couple years ago -- moves massive operations to Mexico then sells the equipment back to us for the same prices as it was before, we have lost something (jobs) that sucks the blood out of our country and into another (it, of course, also sucks blood into its corporate system without providing jobs for Americans).
This doesn't seem complicated to me. Obviously, if you do nothing but consume, and you produce less and less, you first become dependent, then you go broke. That is going to be the end game.
You, you can try to justify it any way you like but it is untenable for us to keep doing what we were doing before.
We're going to try this for a while and see how it works. If it doesn't work we'll fix it then. |
