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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (140413)	4/4/2018 10:05:54 AM
From: stsimon	1 Recommendation Recommended By Elroy Jetson Read Replies (1) \| Respond to of 217948

Government moves slowly. I suspect you will increase your interest in the trade war as time progresses. Tariffs can be effective if imposed before the jobs leave. The manufacturing jobs that left the U.S. were on minimally automated assembly lines of the 1980's and 1990's. If that production should be returned to the U.S. there would be some temporary construction jobs created as new factories are built, but those factories, when operating, will not be staffed by high school and grammar school graduates. They will be staffed mostly by robots. Such factories will produce returns almost exclusively to capital with very little to labor. Given the complexity of current international manufacturing supply chains, it is unlikely that such a transformation could be done in less than many years or a couple of decades. Does anyone seriously believe that in a country with elections every two and four years that the American public will be willing to sustain the disruption caused by such an approach? I doubt it.