How Can We Bring Manufacturing Back to the United States?

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Shawn Ryan Clips

Shawn Ryan Clips

Күн бұрын

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@ShawnRyanClips
@ShawnRyanClips 2 күн бұрын
Thanks for watching everyone. You can watch the full episode with Erik Bethel here kzbin.info/www/bejne/g6K9f6xrm7h3rrcsi=qD3Zn3hnphUmn0BO Additionally if you want to support the Shawn Ryan Show you can join the community. www.patreon.com/VigilanceElite
@cyndeebaker9211
@cyndeebaker9211 2 күн бұрын
😊
@TwoBirdsOneStoned420
@TwoBirdsOneStoned420 3 күн бұрын
I’m 27 and I’m a cnc machinist at an aerospace company doing really cool work for cool companies. It amazes me how many people don’t know what machining is when I tell them what I do. Our grandfathers were all mostly in American manufacturing, and now a couple generations later people don’t even know what it is. It’s sad it’s such a great and fulfilling career with so many different directions to head in and types of work you can do. BRING BACK AMERICAN MANUFACTURING Edit: I’ve seen a few people below talk about how the wage isn’t what it should be. Firstly, ninety-nine percent of people’s wages are too low or feel they are. Secondly, and I think this is a fundamental issue with a lot of people my age you’re gonna start at a lowish wage. It’s up to you to work hard and prove you should be paid a good wage. I started 4 years ago at $14/hr in a job shop and worked my ass off and got raises there and then wanted a new challenge and go into aerospace making more than double what I started at a few years before. It’s a grind. You just gotta put in the work!
@everettrhay4855
@everettrhay4855 3 күн бұрын
30 years of running CNC machines has taught me that manufacturing isn’t gone, it just depends on what you’re making.
@mantistobogganmd6580
@mantistobogganmd6580 3 күн бұрын
I do set up machining, some programming and I think the trade is woefully underpaid, at least for this particular region(south east). Granted I am not doing aerospace machining but work for a mid sized company that manufactures and assembles almost everything in house. In this region, delivery drivers are earning more than Machinists, it has me pondering going into health care. If America wants to become competitive it will have to pay skilled tradespeople competitively. I am more worried about the outsourcing of pharmaceutical and anti biotic production in the event that global tensions shift into conflict.
@everettrhay4855
@everettrhay4855 3 күн бұрын
@ mantistobogganmd6580 At one point plumbers, electricians and machinists all made the same money. Then came the the advent of the magical CNC machine
@jkbgl1234
@jkbgl1234 3 күн бұрын
Good job. My grandfather was a tool & die and my dad a machinist. My husband, college degree but loved cars, repaired them & also taught auto mechanics. Blue collar workers are the backbone of the US.
@Jason32Bourne
@Jason32Bourne 3 күн бұрын
A defunct education system and the lack of post school planning at work.
@nickx8411
@nickx8411 3 күн бұрын
no, what needs to happen to bring industry back to America is to stop the habit of executives making insane and un-warranted amounts of money, while the workers are expected to give their all for wages that don’t even buy a moderate lifestyle for them. *That* is what needs to happen first.🤨
@everettrhay4855
@everettrhay4855 3 күн бұрын
The executives need to get out of our way and let the machinists do what we do. Then the company will run smoothly and everyone will have success.
@bobahop1232
@bobahop1232 3 күн бұрын
Whats a good salary for an executive level employee
@henrytep8884
@henrytep8884 3 күн бұрын
@@bobahop1232a good salary is 20x at most the average worker salary not 200x. Maybe a number between 100x and 20x is more fair and equitable than the 200x we have now.
@henrytep8884
@henrytep8884 3 күн бұрын
@@bobahop1232my bad it’s 290x the average worker salary
@Jason32Bourne
@Jason32Bourne 3 күн бұрын
Agreed 1000%.
@mdiesel23
@mdiesel23 3 күн бұрын
It's not as simple as bringing back manufacturing. It's creating manufacturing that is globally competitive. We have a domestic market of 300 million. But if it's based on a global market, you can't use protectionist strategy because you're competing with China where China can mass manufacture with a vertical and horizontal integration with their other factories. Because of this, they can pump them out faster and cheaper. They have a manufacturing ecosystem. China also artificially keep their Yen exchange low and leverage their developing nation status. It helps increase exports. It would likely be done with a reliance on automation and AI but, it's not going to move the needle much on jobs. One of the major issues is that the U.S.D. is the world reserve currency. It's also seen as a safer investment for foreign countries to hold on to U.S.D. in the times of economic uncertainty because it's seen as more stable. This was created after WW2 in the Bretton Woods Agreement. Currency like any commodity is influenced by supply and demand. This huge increase in demand made U.S.D. much stronger in the currency exchange. Meaning it created a situation where it's much cheaper to import foreign products since we're swapping it for another currency when buying foreign goods. However, it's much more expensive for foreign countries to buy U.S. goods since they need to swap their currency to pay U.S. companies in U.S.D. because U.S. workers, landlords, utilities, taxes, etc will not take payment in British pounds, Japanese Yen, Chinese Yen, etc. When you can crank out volume, that's where the savings come in. If you can't do that for the entire manufacturing ecosystem, you can't compete on cost. It's not even just quality. U.S. can do so for higher end products where there is a need ie fighter jets, tanks, missiles, IP, social media companies, etc. But it's going to be challenging to complete with China for practically anything else.
@ikmore7709
@ikmore7709 3 күн бұрын
Well said. You are one of the few that understands the issues. As a trader that buys from China and Vietnam there is no way on earth I will buy from the US. It's impossible in terms of pricing.
@liu3gz
@liu3gz 3 күн бұрын
The few that really understand!
@murica1898
@murica1898 3 күн бұрын
Chinese toys and junk tools are not going to make or break America. It's pretty easy considering the US alliances to bring back jobs to America that are Chinese ran. Certain items may face an increase however stores and what would find away to keep cost down, For instance thats how walmart became so big. The private sector in America will always prevail. I wonder why China is buying up land in America and making manufacturing plants hmm. On that note with inflation this high and goods being astronomical high people are having to find ways to make ends meet just imagine having a competent president that can make logical decisions on a global scale.
@eriklambert3809
@eriklambert3809 3 күн бұрын
Exactly.
@michaelrhodes6461
@michaelrhodes6461 3 күн бұрын
True,this guy is a friggen moron.The world is not looking for Made In USA today
@pjcollins-f1u
@pjcollins-f1u Күн бұрын
If you are not in the financial market right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation
@rmsmith-q6p
@rmsmith-q6p Күн бұрын
Same here, I believe the Bitcoin ETFs will be life changing opportunity with my current portfolio of 132k made from my investments with my personal financial advisor I totally agree with you
@Elizabethwoods-b2f
@Elizabethwoods-b2f Күн бұрын
YES!!! That's exactly her name (Maria Williams ) so many people have recommended highly about her and am just starting with her from South Savo
@Tompalister-p2g
@Tompalister-p2g Күн бұрын
She is my family' personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
@Hannah-y3t5d
@Hannah-y3t5d Күн бұрын
How can I get in touch with Maria Williams ? What are her offerings?
@Tompalister-p2g
@Tompalister-p2g Күн бұрын
She's always active on whats~appp..
@PioneerHombre
@PioneerHombre 3 күн бұрын
You cant..the reason why manufacturers are overseas is.. 1. Cheap labor 2. Minimal environmental regulations. 3. No unions. 4. Easy to pay off officials. 5. No labor regulations.
@georgezissis9244
@georgezissis9244 3 күн бұрын
6. Cheap & reliable base load power.
@toddgaak422
@toddgaak422 2 күн бұрын
Yes and it's all corrupt. You're okay with continuing to support such a corrupt and exploitative system for cheaper goods?
@kentdowner1342
@kentdowner1342 Күн бұрын
Corporate greed
@maxneu6793
@maxneu6793 Күн бұрын
Exactly. We need to invest in high tech skilled manufacturing, not competing to be a cheaper sweatshop than China.
@who2u333
@who2u333 Күн бұрын
Oh please, it is getting easier and easier to payoff officials in the US with each subsequent legislative session.
@timpayne7676
@timpayne7676 3 күн бұрын
At the moment we have Capitalism for the working man and Socialism for the wealthy. Over simplification I know, but you get my point. Maybe flip the situation the other way around a little. We need intelligent Capitalism not a free-for-all money grab that the people with all the money win every time.
@betty8173
@betty8173 3 күн бұрын
The 'land in the middle' was for farms, ranches, running cattle, and sheep...making that into manufacturing areas will further deteriorate our farmland. How about making farms great again!!! Thinking Joel Salatin is going to be a great help!
@ralphday4842
@ralphday4842 3 күн бұрын
And where is the thousands of acres of solar farms located ? 🤔
@jxxxhy
@jxxxhy 3 күн бұрын
There’s enough room
@asdflkjasdlfkjsdlfkj7608
@asdflkjasdlfkjsdlfkj7608 3 күн бұрын
America needs to adopt a more efficient use of farmland and an overall smarter plan for developed land usage similar to Europe. What kind of land is directly outside of cities like Prague, Paris, or London? Its farmland, not endlessly sprawling suburbs.
@TheRealCartman1
@TheRealCartman1 3 күн бұрын
Where did anyone suggest taking farmland and using that? The idea was to take old manufacturing areas that are abandoned and using those.
@Jason32Bourne
@Jason32Bourne 3 күн бұрын
Agreed!!!!!!
@hansweissmann_xviii6754
@hansweissmann_xviii6754 2 күн бұрын
Just one example I encountered back in the late 1990’s. A friend of mine who worked at Rover told me that a senior British engineer cost the company about 80k pounds a year plus benefits, while a local one in Nanking cost about 80k RMB. Exchange rate back then was about 12.5. The cost reduction was insane. Given the current FX rate of the USD, doubtful manufacturing in the US would be profitable, ever……
@Korruptionen
@Korruptionen Күн бұрын
I work in K12 education in the states, and this guy is spot on with what is needed when it comes to people doing something other than college or being a youtuber.
@tbe0116
@tbe0116 3 күн бұрын
Manufacturing will come back, but it will be 90% automated. US labor will never be as cheap as Chinese labor. However, a mostly automated factory and no trans-pacific shipping costs is a no-brainer.
@henrytep8884
@henrytep8884 3 күн бұрын
Not really since shipping things overseas is actually magnitude of orders cheaper than shipping it on land. For instance it’s 10x cheaper to ship things from China to California than it is to move things from middle America to California, it’s physics. But i agree that automation should be brought to the US manufacture to build things locally for each state, that would be amazing. The hard part is actually moving the raw material required to manufacture all the things the US consumes, which is something China have figured out and is the king of that domain. There’s so much that goes into manufacturing, it takes a global supply chain to get this quality of life which must be sacrificed of manufacture moves back to the USA and tariff is the incentive.
@john-l3h3i
@john-l3h3i 3 күн бұрын
Yes, China can mime US tech with their new stealth fighter, but their engines are hand grenades, thankfully.
@swesleyc7
@swesleyc7 2 күн бұрын
This. The thing is we need to leverage our talented workforce and complement them with our Intellectual Property (IP) such as design technology, AI, automation. There's no reason our low-skill, low-education workforce can't be utilized by such things. Also, trades will never ever go away.
@Mellowyellow8888
@Mellowyellow8888 2 күн бұрын
@@swesleyc7 you hit it spot on.. you can have manufacturing.. but there is nouthing to gain for the US to be manufacturing low skill items.. because you cannot create it cheap enough. Educating the work force properly it a long term effort..
@thelostgeneration2000
@thelostgeneration2000 Күн бұрын
Contractor engineers will never go automated due to small batch jobs. Seems like you never worked in engineering shops
@carlosfernandez1
@carlosfernandez1 3 күн бұрын
Puerto Rico has been a territory of the USA since 1898. Some years ago, we had a big pharmaceutical industry under the 936 law. The some local politicians were in charge of disabling that law. On his first time in office, Mr. Trump said that he was going to bring back that industry from China. Nothing happened. Puerto Rico have all the infrastructure to have that industry and again, Puerto Rico is a territory of the USA. ¿?
@MrSloika
@MrSloika 3 күн бұрын
Trump says that Puerto Rico is a 'garbage island'. It's not going to happen.
@Soulessdeeds
@Soulessdeeds 2 күн бұрын
America has greatly under utilized our territories like Puerto Rico. But because you guys are not States you do not get the attention of Washington or the American people. Being independent of the US comes with benefits and also down sides. I do wish you guys were more included in our global trading.
@jons7e
@jons7e 3 күн бұрын
Origin is doing it... not just American made, but American supplied/sourced materials. It CAN be done, and people want it
@cspdx11
@cspdx11 3 күн бұрын
America Giant clothing too
@goods1730
@goods1730 3 күн бұрын
I buy origin and it is triple the cost 80 percent of Americans will not pay that. They want more stuff. Till we stop buying what we don’t need we as a country will never succeed. Buy quality regardless of where it is made and we will be a better planet.
@jons7e
@jons7e 2 күн бұрын
@@goods1730 a pair of origin jeans is $99, plus 10% off for new orders and veterans. Have you looked what other jeans cost on the market? It’s not much cheaper, but the product sure is
@swesleyc7
@swesleyc7 2 күн бұрын
I'm always interested in hearing more about US-made products. I never heard of Origin or American Giant. Love it - I'm gonna get some shirts.
@goods1730
@goods1730 2 күн бұрын
@@swesleyc7 it does cost more but looks good and last a lot longer It’s an investment that’s worth it to me
@buryitdeep
@buryitdeep 3 күн бұрын
How many people were lost to wanting to become TikTok, KZbin, OnlyFans, Instagram millionaires?
@Mister_Rooster
@Mister_Rooster 3 күн бұрын
Very few people that believe that’s the problem are probably the same people that believe the wmd of Iraq..
@swesleyc7
@swesleyc7 2 күн бұрын
*women lost to the porn industry.
@GrandChessboard
@GrandChessboard Күн бұрын
Those jobs pay good money for the amount of work. Try breaking your back your 15 an hour and see which makes more sense.
@TermeeTime
@TermeeTime 3 күн бұрын
Most of the tooling got sold to Mexico in the 90s and to India in the early 2000s. That ship kind of sailed.
@newbichote7178
@newbichote7178 22 сағат бұрын
Let them dream 😂
@dancerinmaya6813
@dancerinmaya6813 10 сағат бұрын
so it wasn't China😅
@anamericanentrepreneur
@anamericanentrepreneur 3 күн бұрын
Make small business great again!
@angelcelis9090
@angelcelis9090 3 күн бұрын
Things will just get more expensive if we do that.
@irietropicals4255
@irietropicals4255 3 күн бұрын
Easier said than done. It’s not the 1950s anymore
@kingjoe3rd
@kingjoe3rd 3 күн бұрын
@@angelcelis9090it’s worth it if it helps to enrich our fellow citizens. You have a selfish outlook which is not uncommon but it’s the main reason why we are in the position that we are in now. If all your neighbors are making good money it will increase your own property value instead of living next to a bunch of run down fentanyl dens. That part is more of a metaphor but I think it conveys my point. Stop being selfish. You are not a “world citizen” you are a United States citizen. You’ve been brainwashed with the lie of globalism.
@CitsVariants
@CitsVariants 3 күн бұрын
@@irietropicals4255u get it
@MetaView7
@MetaView7 3 күн бұрын
says walmart. NOT.
@steveshaver3197
@steveshaver3197 3 күн бұрын
Your guest is spot on. You asked a great question. Manufacturing made our Country strong. Time to do it again!
@CitsVariants
@CitsVariants 3 күн бұрын
Out of context. Read economic books
@MetaView7
@MetaView7 3 күн бұрын
but you need the workers yes we do have the workers. we have been preparing for this day for a long time now. why do you think the southern border is porous. we have volunteer workers.
@herryso6238
@herryso6238 3 күн бұрын
Be prepared with your wallet. Cause i damn sure no other country will be able to afford your overpriced poor quality goods.
@BrianBurns-x4r
@BrianBurns-x4r 3 күн бұрын
​@CitsVariants ive been self employed almost all of my life. I think the fundamental problem in America is an "illusion of greater income" that's paralleling inflation and ultimately over decades now forced manufacturing overseas. I think a lot of people really get that, however the anwser to the problem is a much bigger problem. My personal view on ecenomic matters is a rather bearish view as bubble ecenomic matters continue to drive greater uncertainty in the future markets paralleling a grotesque deficit spending spree that's not sustainable and almost all manufacturing that's left is most impart due to federal spending... Comments! Ideas!
@felixf4378
@felixf4378 2 күн бұрын
Manufacturing is only good if you can export and sell to other countries. Who is going to buy or stuff when they can buy it from china for half the price?
@everettrhay4855
@everettrhay4855 3 күн бұрын
Manufacturing can only flourish if you follow the Japanese model of Lean Manufacturing. This was a system of procedures developed by Mr. Toyoda. Generally speaking, the vast majority of American manufacturing will never see the success that is possible, due in large part to the inability to follow the Lean model. For example, management is not interested in what the team that’s adding value to the product, think about how things could be improved or made efficient. The person that has never even turned that machine on, is now dictating how the process is to done.
@davidr9589
@davidr9589 2 күн бұрын
Lean manufacturing collapses when someone sneezes(like in the winter of 2019, wuhan). Many American manufacturers use Lean and global supply chains and those are failures. We need inventory on hand.
@dexterbailey5406
@dexterbailey5406 Күн бұрын
Actually it was an American statistician, Edwards Deming that influenced Toyota's lean manufacturing production
@etow8034
@etow8034 Күн бұрын
The Japanese workforce has an average IQ of 105 and more. They worshiped an American economist by the name of William Deming as if his words was God and built the Japanese auto sector to crush the Big 3 ...errr Small 3 now ! 50 years later not a single American car company practices those principles or has an ISO quality system should tell you something at how backwards and unprogressive US manufacturing really is !
@KonglengLee-t6l
@KonglengLee-t6l 8 сағат бұрын
Americans need to forget and give up monday night football and keepingbup with the kardashians. A big sacrifice which americans cant do
@etow8034
@etow8034 4 сағат бұрын
@@dexterbailey5406 Not one American auto manufacturer in the Small 3 practices Deming's 14 points nor are any of them ISO certified speaks volumes of how backwards the quality programs the US auto sector really is ! I always get a good laugh when American automakers like GM have to empathize they won some silly unknown quality award in their ads which basically means they don't have any quality to start with !
@EddieMaria-i5i
@EddieMaria-i5i 3 күн бұрын
*I'm glad you made this video* it reminds me of my transformation from a nobody to good home, $89k biweekly and a good daughter full of love..
@DebbieStringfield-y2v
@DebbieStringfield-y2v 3 күн бұрын
My advice to everyone is that saving is great but investment is the key to be successful imagine investing $15,000 and received $472,700.
@RichQuan-x7e
@RichQuan-x7e 3 күн бұрын
Hello, I'm a Doctor from Scotland, how do you make such amount? I'm a born Christian but sometimes I feel so down of myself because of low finance but I still believe in God.
@EddieMaria-i5i
@EddieMaria-i5i 3 күн бұрын
Making touch with financial advisors like *Rosie Nolan Owen* who can assist you restructure your portfolio, would be a very creative option. Personal financial management will be crucial to navigating the next difficult times.
@CheckAlex
@CheckAlex 3 күн бұрын
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
@LeoMoon-v3m
@LeoMoon-v3m 3 күн бұрын
You are absolutely right, we also have lot's of expert, real ones with certificate and firms IDS out there waiting for investors to invest and experience the best of trade.
@lindayeates9422
@lindayeates9422 3 күн бұрын
Please stop our china made appliance parts . Dishwasher’s, refrigerators and stoves, are disgusting . My daughter bought a Lenar home and all the appliances are breaking down after 1 year either exorbitant costs by GE. This is really bad.
@gridtac2911
@gridtac2911 3 күн бұрын
It's not the Chinese that cause that. It's the engineers at GE purposely designing the appliance to break after the warranty is expired or shortly after. China is just making what GE is asking for. Now yeah China does have some QC issues, but shit failing after a year is typically the engineer who designed it
@herryso6238
@herryso6238 3 күн бұрын
I bought and last for years. May be you are trying to wash your white elephant inside the washing machine.
@JC-PSC
@JC-PSC 2 күн бұрын
Maybe the parts were designed and specified to break in the first place so you have to buy a brand new appliance. It’s got nothing to do with the fact that it’s made in China. It’s got everything to do with planned obsolescence and restrictions on the right to repair.
@makedredd299
@makedredd299 3 күн бұрын
The too Big to Fail banks that was bailed out by the tax payers in 2009 should pay back to the government to lower manufacturing costs. The military-industrial complex that has milked the tax payers for 70 years should pay back to the government to lower manufacturing costs.
@KToll5784
@KToll5784 3 күн бұрын
The government should not be able to give subsidies or bailouts to anyone, ever.
@BluegillsandBeyond
@BluegillsandBeyond 3 күн бұрын
I went through a 5 year apprenticeship and had to get 8,000 hours of work experience to get my journeyman electrician license. We know how to bend metal very well
@kennethflores-hv7uf
@kennethflores-hv7uf 3 күн бұрын
I’m just starting, I retired a year ago and looking into being a licensed electrician. So far it appears that no matter what you’ll find work
@BluegillsandBeyond
@BluegillsandBeyond 3 күн бұрын
@ yes tons of work and not enough workers at the moment
@kennethflores-hv7uf
@kennethflores-hv7uf 3 күн бұрын
@@BluegillsandBeyond any pointers you could spare on what to expect or look for?
@MrSloika
@MrSloika 3 күн бұрын
Nonsense. Most of the licensed electricians just exploited young guys promising them that they can earn their license after working for them cheap. Most never got their licenses. It's no wonder that many young men won't going into the trades knowing that they'll be cheated.
@john-l3h3i
@john-l3h3i 3 күн бұрын
My nephew is training to be an electrician, here in commie CT, if you want to hire an electrician you're 6 to 8 weeks out. These guys make a phuck-ton of money too.
@ChasinTheWild
@ChasinTheWild 3 күн бұрын
You started hitting on it. Not all of us have forgotten how to bend metal. We need our education system to quit jamming a college degree down our kids throats. College isn’t for everyone and there are damn good livings out there for anyone willing to work with their hands. I went to college then went into the trade so I could learn something useful. Now I’m a Project manager for an HVAC contractor and can’t get any help. Everyone thinks they’re too good to get they’re hands dirty anymore.
@christopherwilliams5912
@christopherwilliams5912 3 күн бұрын
Taking shop classes out of high school was a travesty...
@swesleyc7
@swesleyc7 2 күн бұрын
Yup. We need electricians, welders, machinists, farmers, plumbers.
@christopherwilliams5912
@christopherwilliams5912 2 күн бұрын
@swesleyc7 my dad was an electrician for 35 years. A good electrician is worth their weight in gold.
@dhcrouchmarineltd3049
@dhcrouchmarineltd3049 2 күн бұрын
Thank you for producing these podcasts, as a viewer I am grateful for the perspectives given by your chosen speakers, your direction and interview methodology. For to long we have suffered with a dumming down of the public domain. People like myself are hungry for truth, knowledge and self empowerment. For to long we have all been told there is to many people on this planet and that we are the problem when in-fact we are the solution. If we are educated with truth, real knowledge then we can become a powerhouse of morality and action towards a better age. Divide and rule has had some of our brothers and sisters sent off to fight peoples who may not actually be our enemies all while entertaining peoples who openly attain our ideas via unethical means. We either adapt our society towards a sustainable world based on an ethical doctrine all while protecting the world. Thanks to people like yourself we can now find healthy debate on all manner of vital topics. As we enter into a new age and a new world I feel it is important to maintain a strong nation of capable people. Skilled in all things. I say this across the pond in the UK but know our struggles here are mirroring yours in the USA. It is the same playbook being used to diminish Western culture. A culture that has made a space for so many of our freedoms to be produced. Please keep up this vital work, a real pillar of the next age that is being built as we think our way to it.
@Islandwaterjet
@Islandwaterjet 3 күн бұрын
Just a small example of why manufacturing will never come back: China can source the materials, manufacture the item and mail the item to your doorstep for less than I can mail that item across the street. China pays mere pennies to mail a parcel to USA, we have to pay $20 to mail that same parcel across the street. Just my opinion, if we want to bring manufacturing back the first obvious step is to stop us subsidizing chinese manufacturing.
@mdiesel23
@mdiesel23 3 күн бұрын
@@Islandwaterjet How does this address the $20 shipping cost within the U.S.? So your idea is to increase the cost of China products without lowering the cost of U.S.?
@cesarbautista8404
@cesarbautista8404 Күн бұрын
@@mdiesel23lol, I guess what trump tariffs are going to achieve to do. But unfortunately the Americans corporate greed is going to just raise along side the Chinese prices instead of just leaving it be
@JuicySommelier
@JuicySommelier 3 күн бұрын
Get rid of gatekeepers in management positions because they know someone instead knowing how the jobs work. Too many degrees place people in positions of authority without understanding the business so they treat workers like they’re just faceless “laborers”. Let the best people get the leadership instead of good ol boys. Humans love to see rewards for their efforts instead stolen from and whipped harder.
@jeffreykalb9752
@jeffreykalb9752 3 күн бұрын
Start with industries with that require a lot of energy inputs: Aluminum, iron, glass, petrochemical products. Drill, drill, drill... Then use our low energy costs to build it up from the bottom. Then those cheap inputs will give us an advantage up the value ladder.
@jxxxhy
@jxxxhy 3 күн бұрын
Nuclear
@joshuah5655
@joshuah5655 Күн бұрын
That would be a good idea
@andrewxyz24
@andrewxyz24 3 күн бұрын
Why would companies pay an American $20 and hour to do something that someone in china will do for $5 a day?
@johnnyhotrod
@johnnyhotrod 3 күн бұрын
You see what kind of quality you get with that $5 a day labor?? Companies would pay to bring back American pride in quality goods and manufacturing.We have to get rid of the ridiculous taxing of American labor. Do you realize China’s chips are in our military hardware,power transformers,basically everything??? What’s that worth?Do you understand the implications and consequences of that???
@zhangdamon7908
@zhangdamon7908 3 күн бұрын
⁠​⁠@@johnnyhotrodmostly products from China is low end production like clothes electronics or highly pollute industrial products. Have you seen people working In those factories? They work like mechanics none stop, the worst kind job you can get. Do Americans really want manufacturing back? China do a lot of shady things but China is not a serious threat like they said. And 0 % good chips come form China, China aren’t capable produce good chips.
@Jason32Bourne
@Jason32Bourne 3 күн бұрын
Is it really that big of a difference? If so, I am depressed for every Chinese worker now.
@KToll5784
@KToll5784 3 күн бұрын
@@Jason32Bournehow exactly did you think Temu worked before reading the comment?
@Jason32Bourne
@Jason32Bourne 3 күн бұрын
@@KToll5784 I knew Chinese labor was cheap and one needs to factor in an exchange rate, but I suppose I never looked into the details. Depressing.
@lilleeon
@lilleeon 3 күн бұрын
Q: How do we bring back manufacturing back ? A: We dont . We allow for the robots to work. We get universal basic income
@john-l3h3i
@john-l3h3i 3 күн бұрын
This is just an observation. I am 62 y.o. I graduated from trade school in the early 1980's. The trade school was only 4 years old at that time. Back then people thought that kids that went to trade schools were flunkies. The reality of the matter was that 2 of my 3 other brothers went to the local city high school. At that HS, they had no guidance. They basically picked what ever classes they wanted. Like most kids that age they did not even know what they wanted to do with their life and just picked all the easiest total BS classes just to skate by. In my tech school we were tested constantly. As it were I tested in the highest block. For 4 years I was with the 30 smartest kids in the school. We had no choices to pick what ever we wanted. The courses were given to us. We had to finish what the other kids (and my brothers) had to complete in two years, not four. The other two years were were in the "trade" part of the school. The courses that were picked from me, from some unknown State entity were biology, physics (which I love to this day), chemistry, all the hard sciences. Also four years of math, algebra, calc, trig crammed into two years. This trade school had courses in Drafting, Avionics, machine shop, industrial electric, sheet metal / HVAC, carpentry nursing (then called health care) and more. When I look around me now, in a 50 mile radius of that HS, most all the business owners in the trades came from the local State Trade schools. Not just a few of the local electricians and Heating / HVAC are millionaires. It seems like some time in the 1990's Trade HS's fell out of favor at least in this communist State of Connecticut. Last year my Trade HS was razed and a new Trade high school was built in it's place. It will be interesting to see who will attend this new facility since working with your hands is not glamorous. I graduated and actually got a journeyman degree in Auto Body tech. 8000 hours training. Later I went to 2 different frame straightening schools in the mid west.... I only stayed in my trade for a few years and answered an add across town for a new business building armor limo's and border patrol trucks. I was building trucks for Kuwait 2 years before the gulf war. in 1991 I started a custom paint business and my work has appeared on the covers of Easy riders, Hot XL, Motorcyclist, Sport Rider and many more. Most of those mags are no longer printed in the digital age. My work has taken first place in NY motorcycle show as well as taking first place all across Canada. Somewhere in the 1990's I went on to get a degree in Mechanical Engineering. It took me 6 years to get a 4 year degree going to school part time, all self funded, no college loans. I was ready to retire 6 months ago but answered an add for a automobile custom fabricator... I do not know why buy I applied for and got the job. I have zero debt in my life and my young boss is very happy to have me as their only fab guy. I get paid a rather ridiculous 6 figure income, work 36 hours a week, get my hands dirty and just work on muscle cars. My boss jokingly calls me The Unicorn. No young guys have the ancient skill set that I do, so he tells me. This guy being interviewed is right. There is plenty of land and no vision. In this commie state there is a lot of land tied up by local municipalities. I often wondered why any local town of say 50,000 people could not carve out 20 acres and have some pre-fab steel frame buildings erected. If you want to help small businesses then set them up with affordable lease rates. Perhaps have the option of these buildings be lease with option to purchase as a business condo a few years down the road. What small business owners need in this state is affordable shop space. Young guys starting out need places from say 1200 SQ FT on up through 4000 SF. Why not help beginner business people with business condominiums? Zoned industrial or light manufacturing. That is what is desperately needed in this commie State. There is no vision, hence CT for the last ten years comes in either at the total bottom of the list or near the bottom for worst State to start / run a small business. The local Rotary clubs, Lions clubs, BBB all suck They are all 100% pro-illegal immigration and that is a FACT!!! I remember walking down the main street in my small shoreline town in Commie CT and back in the 1970's there were dozens of mom and pop machine shops, electronic repair shops, trades all over the place. These jobs in these shops all paid a decent wage. One could support a family on the wages. One by one, they closed up and starting in the 80's all the manufacturing went overseas to China. My friends and I all wondered "if people have no jobs here, how will they be able to afford anything?" Well, that is exactly where we are now. I would say a realistic estimate is that 90% of manufacturing vanished here in the last 40 years. Commie CT is weird because we do have a large MIC foot print with Electric Boat making subs and space ships, Sikorsky, Pratt and Whitney and a spattering of other high tech companies so our State does have a wealth of smart tech people here.
@john-l3h3i
@john-l3h3i 3 күн бұрын
Oh, and my younger brother in his late 50's went to the same trade school as I did, he graduated in 84 I think. He took up carpentry. Never set foot in college. He went from home building to commercial steel stud construction, to hanging steel over the rivers on train tracks here in Commie CT. He worked his way up into the white collar end of things, over saw the construction of the Officers Quarters at electric Boat, having 400 guys working under him. He finally got out of this hell hole state and took a white collar job working as a subcontractor off a military base in SC. No college, banging down $150K a year. Not bad. Trades are not bad at all.
@timpayne7676
@timpayne7676 3 күн бұрын
Genuinely. Are you joking when you say ‘Commie State’? As in it’s a communist strategy to move jobs over seas to maximise profits.
@TimBitts649
@TimBitts649 3 күн бұрын
Biggest gender difference between men and women: Men are interested in things. Women are interested in people. (Jordan Peterson. JP) 15% group gender difference. Huge. That's why most mechanics are men, most nurses are women. When neoliberal economists shipped our manufacturing overseas, it was mostly men that got hurt. Their wages stagnated. Same time our economy is more about people now, favoring women over men. JP said a week ago on Piers Morgan that 50% of women under 45 unmarried, childless. Not enough men with good jobs.
@blackseabrew
@blackseabrew 3 күн бұрын
Abolish income taxes. This accomplishes many things but primarily it makes American workers much more competitive. The secondary effect is to eliminate all of the wasted money that we spend filing taxes and businesses pay in compliance. Thirdly...it get's government out of the way so manufacturing companies can spend more money on being more efficient. Unfortunately we will have to give incentives to Wall Street to make this happen. Yes...the same financiers who profited on moving manufacturing out of the country. And last...we need to clean up executive pay. From a worker perspective it's absurd.
@jxxxhy
@jxxxhy 3 күн бұрын
Flat tax or abolish even better. Tariff the hell out of china
@thedude0000
@thedude0000 3 күн бұрын
Tell me you don't have the first clue about economics... _without telling me_ The federal government collects approximately $2.6 trillion through income taxes. ELIMINATING THAT.....would literally destroy our economy. Also, before you start talking about about cutting spending.....unless you plan on cutting Social Security, Medicare and Defense....there's not remotely enough to make up $2.6 trillion.
@MrSloika
@MrSloika 3 күн бұрын
Great idea. I'm sure your mom will be able to live when her Social Security checks stop coming and the military will be able to pay for all those cool toys.
@chucksneedmoreland
@chucksneedmoreland 3 күн бұрын
@@jxxxhy tariff everything coming from overseas including things like software. Penalize companies 200% tax for every headcount they outsource to countries like china, india, etc.
@toddgaak422
@toddgaak422 2 күн бұрын
Abolish property taxes first.
@supertube8584
@supertube8584 3 күн бұрын
He forgot to say regulations, regulations have to improve in order to make easier and faster to build and get permits.
@gridtac2911
@gridtac2911 3 күн бұрын
Remove regulations. They're only put in place to allow larger companies that can afford to satisfy the regulation to continue to do business. The regulations these days are purposely obtuse to kill off the competition
@Mellowyellow8888
@Mellowyellow8888 2 күн бұрын
@@gridtac2911 are you thinking of blanket remove regulations?.. what if no regulations and people just dump toxic materials in the river..
@gridtac2911
@gridtac2911 2 күн бұрын
@@Mellowyellow8888 I don't have an answer but regulation lobbied by large corporations should be scrutinized extremely harshly and small business exemptions be allowed
@GrandChessboard
@GrandChessboard Күн бұрын
@@gridtac2911 LOL, we had plenty of regulations in the 50s and 60s. Started to get rid of them in the 80s onward. Has nothing to do with them. It has everything to do with business owners wanting to maximize profits.
@gridtac2911
@gridtac2911 Күн бұрын
@@GrandChessboard are you mentally deficient? I encourage you to read about Goodyear and the rubber lobby or Ford and the car vs horse lobby. This has been going on since the beginning of the country.
@gordonjohnston684
@gordonjohnston684 Күн бұрын
It suddenly hit me 30 years ago, when I bought a pair of Timberland boots made in the USA. (I loved them) I decide to buy a £300 Timberland Jacket (30years ago UK) This £300 (£722 value today)Timberland Jacket tuned out to be manufactured in Hong Kong. I was pissed to say the least, the jacket didn’t last. The US made Timberland boots lasted 10 years. The same thing happened for US brewed beer Budweiser and Miller, all of a sudden the taste was completely different. I actually took the beer (Miller)back to the off licence (liquor store) to complaining that beer was off. Then I scrutinise the labels and then I noticed in tiny letters(Brewed under license in the UK) I have never bought another bottle of Miller or Budweiser since. Just imagine if Rolex built a factory in China the Brands credibility will collapse overnight. The value is in the name and the location of where it was created.
@dallasmore6703
@dallasmore6703 3 күн бұрын
Bring it all back! Steel in Gary, Pittsburg, Birmingam. Garment mills in NC. Coal in IL, TK, KY, WV, etc... Appliances, Furniture, Computer chips, electronics, mines, gas, oil, minerals, etc...
@jonathanpopham5483
@jonathanpopham5483 2 күн бұрын
How about modular nuclear reactors all across the US
@davidbell8215
@davidbell8215 2 күн бұрын
I agree
@HTHAMMACK1
@HTHAMMACK1 2 күн бұрын
The country is whining about prices, and you want to jack those prices way up even more.
@davidbell8215
@davidbell8215 2 күн бұрын
@HTHAMMACK1 you are a complete simpleton...
@toddgaak422
@toddgaak422 2 күн бұрын
@@HTHAMMACK1 Remember when the US had a strong middle class? That was due largely to the manufacturing sector. People making good wages means they can afford to buy goods.
@brandonb5075
@brandonb5075 3 күн бұрын
Ready when you are…been waiting 20 years! You lose your manufacturing, you loose your RD and “in the field” discoveries. Industrial Designer (MS+20yr) here, we haven’t forgotten ANYTHING; we were forgotten. PS: You can’t “steal” technology that was GIVEN to you for slave labor/profits…think about that the next time you hear fear-mongering about China/India.✌🏼
@JohnMurphy-dw6ml
@JohnMurphy-dw6ml 3 күн бұрын
I love the fact that two people with no practical ability are telling us what this country needs!
@glennwhite1841
@glennwhite1841 3 күн бұрын
They‘re businessmen. Shawn is a warrior and an interview producer. This other guy is an international businessmen.
@JohnMurphy-dw6ml
@JohnMurphy-dw6ml 2 күн бұрын
@@glennwhite1841 Warrior what a joke, he’s a lowlife drug dealer, and the other guy is just an empty suit!
@toddgaak422
@toddgaak422 2 күн бұрын
Yes, yes. The international business man has no idea what he's talking about.
@JohnMurphy-dw6ml
@JohnMurphy-dw6ml 2 күн бұрын
@@toddgaak422 I’m glad you understand!
@ozzi-man5579
@ozzi-man5579 3 күн бұрын
Labor quality and productivity in North America, including as well product quality has degraded significantly compared to the counterparts in Europe and Asia. Improve labor qualities and productivity, and improve production quality to bring back more industry to North America.
@Mister_Rooster
@Mister_Rooster 3 күн бұрын
At the end of the day, I don’t care what state you’re from unless you’re in prison there’s no way to average blue collar American can compete with someone in Mexico making two bucks an hour. all those auto worker jobs manufacturing jobs that are in Mexico that were originally in the USA.
@toddgaak422
@toddgaak422 2 күн бұрын
Thanks Clinton and NAFTA!
@Wranardris
@Wranardris 16 сағат бұрын
He covers some good points, especially that it cannot be just tax-breaks and incentives for the corporations.. there needs to be benefit to the locality also -- AND efforts to have trained workers available domestically.. promote skilled trades and leverage new technologies for advanced manufacturing.. not tshirts and cheap plastics. trained people with a reliable and consistent minimum level of education (not gutting education funding). the missing part is how to make it economically viable for the businesses to manufacture in higher cost regions. Make it attractive to businesses to build in the US... but what does that look like and mean... and what industries would be reasonable. AI Data Centers require huge amounts of electricity.. who is paying for that infrastructure - does it get govt subsidy to build and when does that contribute to public needs not just select businesses? or are those centers wanting to pull capacity from available sources and put more pressure/cost on what remains for household use? Industries like Data Centers or highly automated mfg may not have the number or types of jobs people may think of when they look back to the 90s or earlier. Input costs, energy costs, in addition to labor costs all impact to cost to make products domestically and at scale. Especially for consumer goods. Higher 'value-added' work will still be done, and is more likely to increase, but not in the hundreds of thousands of jobs.
@MateoPatron
@MateoPatron 3 күн бұрын
The business became the fentanyl pipeline
@garysullivan5285
@garysullivan5285 3 күн бұрын
So true! Pipeline full of drugs
@lonzo61
@lonzo61 7 сағат бұрын
Two things: Most Americans don't want to work in manufacturing jobs, and Americans don't want to pay a premium for goods that are made here. They essentially vote for or against manufacturing in the US with their wallets. In an advanced economy like ours, it's a natural evolution for jobs to become ever more technical in nature, and for many jobs to also become more menial and unskilled, such as working in retail or driving an Uber. But I also know that the trades are screaming for people! Certainly, the push over the past thirty years to send kids to college helped create this problem, but too, young people don't want to work dirty, physically demanding jobs. It's a cultural thing. It'd be nice to see a trend of more manufacturing come back, but we won't ever be the manufacturing powerhouse we were sixty years ago.
@rscriff416
@rscriff416 3 күн бұрын
Cheap labor. It's not that hard to understand. The profit motive will find the cheapest way. This is capitalism at work.
@FMB12
@FMB12 Күн бұрын
I was a Fire Inspector in Cobb county Georgia. What I inspected at a couple of county High schools is the county has programs and the facility to teach trades such as mechanic, computer programming and medical full labs. So they know not every high school student is going to College.
@whereswaldo5740
@whereswaldo5740 3 күн бұрын
We aren’t having to reinvent the wheel here. Get building.
@RobertJohnson-lb3qz
@RobertJohnson-lb3qz 3 күн бұрын
Yep, you got that right. Hopefully the “rising tide will raise all vessels”. Hope I didn’t butcher the phrase too much...
@johngillies8591
@johngillies8591 20 сағат бұрын
Shawn great job as always! I live in Philly, I've been saying forever now, why don't we give empty buildings, land etc to manufacturers revive our lost manufacturing blue collars small towns
@dertythegrower
@dertythegrower 3 күн бұрын
Cost of living lower, lower pay will be accepted.. as usual
@jeffarchibald3837
@jeffarchibald3837 Күн бұрын
1) Tort reform 2) Practical regulations 3) Tax breaks for energy use 4) Everything else.
@JohnMcGlothlin-l7j
@JohnMcGlothlin-l7j 3 күн бұрын
We'd all have to be willing to pay a lot more for many things. The real reason manufacturing got moved out of the US is that costs of all types here (as well as things like environmental regulations) made it too expensive. These days we've also got a dearth of people willing - or with the right skills - to work in factories or other manufacturing facilities. What we do is exploit other places so we can live better and cheaper. NIMBY is expensive.
@Kaatu-barada-nikto
@Kaatu-barada-nikto 3 күн бұрын
Not necessarily. A more effective way to restore our economy is to eliminate taxes, licensing, regulations, lawfare, cap on CEO salary and benefits, outlaw corporations, restore our constitutional republic with natural law.
@john-l3h3i
@john-l3h3i 3 күн бұрын
So I guess you do not agree with the Democrat, Clinton, Magic Negro / Big Mike, Biden Green policy which shuts down our coal mines when China is building one coal powered power plant a month over there?
@paulmcdermott6734
@paulmcdermott6734 2 күн бұрын
We did not forget how to bend mettel completely. I worked at TOOLS FOR BENDING for 10 yeard in the benching department. We make tools that bend pipe smaller then 1/8 of an inch or up to 18in, probably even bigger. It is a small family owned business, but it is some of the best work in the industry. Or was... the benching part is the most important part about the finished product, sadly it is a really hard skill to teach and no one has the discipline/motivation to learn it. The pay was 💩 and the labor was hard and the mettel dust is toxic! Especially the AMPCO 18.
@stewartmckinley7058
@stewartmckinley7058 3 күн бұрын
They dump chemicals in the river overseas they don't do that in the USA anymore.
@henryreinders3031
@henryreinders3031 Күн бұрын
What I find interesting is how American companies have been going offshore, yet almost all the Japanese car makers have multiple plants in Canada and USA and are doing so well - even a good portion of Tesla's operations are in the USA. Something is not adding up in the way American companies are running their operations. And don't say tariffs... Canada's are high. Add to this: In April 2024, Honda announced a $15 billion investment to build four new EV manufacturing plants in Ontario. The first EV production is expected to begin in 2028 - and they export to United States, Japan, and Australia from Canada
@hyuxion
@hyuxion 3 күн бұрын
America is currently at full employment, so if we want to bring back large-scale manufacturing, where will we find millions of skilled young workers willing to work on factory floors day in and day out? Having worked in American factories for over a decade, I’ve observed that most factory workers are middle-aged. It’s rare to see large numbers of young workers entering this field in the U.S.
@john-l3h3i
@john-l3h3i 3 күн бұрын
Young workers can get an excellent career start at Electric Boat. They are hiring 2500 people and can not fill the jobs because young Americans have been sold a steaming pile of poo going 100K into debt getting useless degrees. Sikorsky has an excellent apprenticeship program. You go to college and get 100% re reimbursement. EB does that too. No need to drown in college debt. Just don't pick an idiotic non employable area of study. We are no where NEAR full employment.
@hyuxion
@hyuxion 3 күн бұрын
Even with excellent apprenticeship programs, why do companies like Electric Boat and Sikorsky struggle to find enough young workers? The answer lies in demographics and economic conditions: the median age in America is 40, and with a GDP per capita of around $80,000, there simply aren’t enough young people. Moreover, most young workers prefer jobs in the service industry, where working conditions are more comfortable, rather than working on a dirty factory floor.
@damilolaa.3752
@damilolaa.3752 2 күн бұрын
LEGAL migration
@hyuxion
@hyuxion 2 күн бұрын
@@damilolaa.3752as an immigrant myself, I agree that is a realistic choice, but today’s American society does not welcome immigrants, legal or illegal.
@Covid-Delta2019
@Covid-Delta2019 Күн бұрын
Erik is such an honest person. His face blushed, eyes winked, and made ah…em…sound when he made up something
@burhan8795
@burhan8795 3 күн бұрын
Manufacturing will never come back to America. That ship has sailed
@P-qi6qx
@P-qi6qx 3 күн бұрын
Exactly
@jimrogers7425
@jimrogers7425 2 күн бұрын
Part of this equation… bringing back shop class, for example… would also need to include integrating computers within blue collar jobs since we now have 3D printing, which is huge!
@manga12
@manga12 Күн бұрын
it is and micro manufacturing of things or use of ai to design within parameters even apparal and clothing to a degree, but its not the end all to be all there are disadvantages to every process, and there are some things that can not be done by a non human entity, holding the hand of the dying, clergy work, true creative abillity, but to give an example 3d printed or additive manufacturing is often stiff and brittle, and the metal cant be forged as well as continuously casted, its like a bunch of weldaments with the way its often sintered and melted so its very stiff and brittle on the other hand it can make complex shapes and even stuff so large that space x was working on printing a space ship, and they can print things like boats for water or car bodies, but its very good for making molds in a foundry or a quick prototype part as well as micro machining, but the speaker is right we need to retool the education systom, there is nothing wrong with skilled trades or semi skilled, and they are needed to make modern life work as well as build the new advances, its also not something that takes 4 years to get started and is often a practical skill, though not every trade is for everyone, but even when I was in highschool they were facing trouble in the skilled trades with people retireing, and that was the late 90's, they tried to push us more to the stem and white collor work and that is fine but most of that is looking to be taken over by ai and it dont pay as well as the trades even, also further more all that suspected growth in programing and networks as well as writting never emerged they outsourced it to india and pakistan, and the .com bust took most of the promise with it , and within the course of 10 years nearly destroyed our ecconomy in 3 hard busts, the .com enron and worldcom, and then the financial melt down and real estate bust. truth though is my education is in marketing , with a minor in comparitive religious studies and psy, and while understanding philosophy in that and my own faith better I work in a retail and sales setting, and my hobbies are in the steam field litterally, I help out with historical railroad equiptment, and all that time helping in woodworking at home and dabbling in the shop come in real handy, and understanding what an ethos and animus is comes in handy talking about history and understanding how to dig at heart strings when transportation history in indiana comes up or trying to tell the story and why we were somebody in the area even though its rust belt, we had some of the fastest trains in the late steam loco days because indiana and ohio is soo flat and had such long stretches without any curves in the track or road.
@Djan9o3
@Djan9o3 3 күн бұрын
This is going to be tough now that we , as in the country, sought out cost cutting alternatives. It's really the consequences of our actions. No long game. Just nearsighted myopic focus ( well some of us at least)
@512cbratch
@512cbratch 12 сағат бұрын
Put an end to lobbying first.
@UnconventionalMetal
@UnconventionalMetal Күн бұрын
I’ve worked in manufacturing since the 90’s in production, assembly, quality, etc. The problem is that wages have lagged, adjusted for inflation, since the recession of 2000-01.
@leatherelectric
@leatherelectric Күн бұрын
Guest spoke as a financier. A bit of broad response to bringing manufacturing(middle class jobs) back to the USA. Quite a few good comments in the chat with succinct goals and steps to get there. My paragraph answer is govt investment in the industries that replaces home building and auto manufacturing. Just wish we knew which industries will scale, probably energy generation and infrastructure.
@kenbehrens5778
@kenbehrens5778 Күн бұрын
The US conundrum, despite being the country of Steinbeck, Salk and Roosevelt, also seems to be a country on the brink of chaos. In today’s world the era of the perpetual summer of American adolescence is well and truly over. When China overtook the US as the world's largest economy (in PPPterms) in 2014, it was the shareholders demand for profits that led the CEO's to go to China. China didn't drag Apple or any of the other 70,000 US companies to China. They went because it was profitable and a huge market. China is growing twice as fast as the US, with little to no inflation, a highly educated workforce, leading IP, complete supply chains in every manufacturing area, etc. Even Starbucks while slowing elsewhere, is opening a new outlet in China every nine hours. Nearly 3 new stores a day and they plan to do that for the next 3 years. Good luck on revitalising manufacturing in the US., However you are a trading nation, as is China. International economics 101 says countries should concentrate on what they do well and sell that to the rest of the world. What does the US do well in? Sadly one of the few things you have to sell to the rest of the world is unending military incursions, conflict and war. It's not a good look and spells terror for many parts of the world. Your soon to be VP, JD Vance, succinctly put it during the election campaign “We have built a foreign policy of hectoring, moralizing, and lecturing countries that don’t want anything to do with it” “The Chinese have a foreign policy of building roads and bridges and feeding poor people,”
@RodCornholio
@RodCornholio Күн бұрын
It’s easier to be IN the snowball, than to try to stop it after it’s a mile ahead down the mountain, gaining speed. Ross Perot, over 30 years ago, predicted that manufacturing would leave the U.S. There isn’t enough room in the comment section to explain the complexities in bringing it back. I don’t think Americans can withstand the short term pain for the long term gain. Deeply understand this: your American lifestyle, as measured by your material possessions and some services, _depends_ vastly on Chinese labor under communism and cheap labor/costs in other countries. _Depends_ . There’s untold amounts of ways this could go bad. Again…not enough room to explain. The best solution is one the U.S. government should have no part in: the Chinese communist government collapsing and being replaced with nothing (preferably) or at least one which is minarchist or pro Liberty. Nearly impossible to happen anytime soon. But if it did, the playing field would eventually level, being great for workers and investors on both sides.
@NDB469
@NDB469 2 күн бұрын
Bring the trades back, get people back to work. Start manufacturing things here in the US, all the political bs that hems this up needs to stop. There’s no reason that Americans can’t do it!
@lot2196
@lot2196 Күн бұрын
We manufacture a lot in this country. If you want more manufacturing , you will need more workers that will show up on time not drunk, high or hung-over. I worked 17 years on a factory floor. Don't tell me this doesn't exist.
@alexv.2504
@alexv.2504 23 сағат бұрын
I prefer Shawn Ryan over Joe Rogan. Less BS and more good information here. Period.
@Accurize2
@Accurize2 20 сағат бұрын
So that minimum wage. That would have to be eliminated. Then force people to work. Prevent them from suiciding themselves with nets around the roofs of the factories. And only then can we maybe make something as cheap as China. If we can do that…then we have manufacturing back in the USA at a grand scale. As it stands, it’s impossible when two production countries use differing sets of rules that increase the cost of one of them from the drop. Simple as that. Edit: like Chapelle said, “I would love a US made iPhone…but I don’t want to pay $5,000 for it!”
@AlanRoehrich9651
@AlanRoehrich9651 17 сағат бұрын
Easily. End all corporate taxes, since corporate taxes are *always* paid by the end consumer, in the form of higher prices. End all unnecessary and harmful regulations, including entire federal agencies. If companies can manufacture in the U.S. without facing stupid taxes and regulations, their cost of doing business, and as such, their prices, can plummet. They can not only compete in the U.S., but also in the world open market. Any "shortfall" in taxes will be more than compensated for by increased wages and spending.
@mariongreen9065
@mariongreen9065 Күн бұрын
Im a pipefitter/welder and I spenr years perfecting my craft. I made really good money
@Ansonperisher
@Ansonperisher 16 сағат бұрын
Hey brother your questions to guests are improving. Getting polished 👊🏻!
@jackfrost8600
@jackfrost8600 3 күн бұрын
I remember growing up in the 80 90s in Canada and my parents would always see and buy American made things household items and whatever and they would love it and was always a good long lasting reliable product
@nulnoh219
@nulnoh219 23 сағат бұрын
You need to build a whole supply chain. It's going to take decades. I don't think us political system can make plans that far ahead.
@Mike-zw7fq
@Mike-zw7fq 9 сағат бұрын
There is empty land in Anderson Indiana. The old Guid lamp and General motors plants used to be there.
@badboi6332
@badboi6332 3 күн бұрын
The Big issue in craftsmanship in almost whole Europe (specially west) is, that young people don't want to become a craftsman. Why? They are not raised/educated by society, that working with Hands is valuable. They don't want to work hard physically. The capable ones are missing. In Germany we have a deficit of more than a half million craftsman. Many on construction are now coming from "east Europe" to earn, so they are missing in their homelands. Not enough to replace all. German I.e. west european tax systems are crushing many opportunities. Tax systems and restrictions in opening and running a business so high, that many important companies fleeing the west and settle east.
@garymccann2960
@garymccann2960 3 күн бұрын
Have to be careful, the government should not have too much if any authority to tell a business what to pay. Notice most CFO's and upper management are all good old boys giving each other giving outrageous wadges and benefits. When a CEO gets a multi-million dollars bonus while the company is losing money should tell you everything. But the government is not the answer it's the problem.
@philipward6300
@philipward6300 Күн бұрын
During the Trump years, 200k jobs were outsourced. One example that hits close to home was the Carrier factory in Indianapolis. They got tax credits from local, state, and federal governments. The factory stayed open for one year and then the manufacturing jobs were shipped to Mexico. The Biden administration began the process of bringing hundreds of thousands of jobs back.
@circumscribed
@circumscribed 2 күн бұрын
If you want to bring manufacturing back to the US, the first step is being mindful of the origin of the goods you’re purchasing. There are sources in the states, for clothes, furniture…virtually everything, you just have to put forth effort. And stop shopping at Walmart. 😬😬
@estebanperez4171
@estebanperez4171 Күн бұрын
American manufacturing can make a comeback but it’ll never rebound to what some people expect. It’s not the 1950s, there are also other manufacturing giants that have cheap labour, like India or Mexico.
@catgolfer1
@catgolfer1 3 күн бұрын
If anyone should know this it's me. I was in the screw machine business for 50 years, having been taught by Europeans and Germans who came to America after the war. It will never be as it was. The Russians and Chinese have pulled away from us and are not looking back.🌵😺
@reactor4
@reactor4 Күн бұрын
We are bringing (and have been being manufacturing back) manufacturing back to the USA with things like the Chips Act. The US should not being making things like clothing, or plastics parts etc or anything that is close to "unskilled"
@rjm656
@rjm656 2 күн бұрын
The answer: We don't need to for most things, and we shouldn't. PPE, military, medicine, etc...yes, bring it back. But consumer goods? No. Our unemployment rate is at record lows. We don't need the jobs, especially the jobs we exported. Most of those jobs are low skill--packing boxes, assembling parts, moving parts from one robotic machine to another. There are very few worthwhile jobs to bring back. Even if we brought those back, that would just raise the cost of goods for everyone, aka inflation, all to subsidize a job that can be done cheaper elsewhere. There's no reason to do it when there is plenty of demand for good paying trades jobs and other service work that can't be exported. But manufacturing? No, there's no point.
@jklee5419
@jklee5419 4 сағат бұрын
Simple answer is NO. Comparing to the fancy jobs in high tech, finance and service sectors, most manufacturing jobs are tedious, underpaid and hardworking. Most of the American people are not interested in such kind of jobs.
@lot2196
@lot2196 Күн бұрын
My youngest son went to trade school for electronics and robotics. He made $92,000 last year. He just turned 28. No student debt.
@yenriver5255
@yenriver5255 3 күн бұрын
The idea of municipality involvement is very Chinese. Sadly it is a big task for US to bring back manufacturing. The ones that are there still going are suffering like FORD GM. McDonalds in US is suffering but thriving in Asian countries LOL.
@georgekraus9357
@georgekraus9357 3 күн бұрын
Main reason for manufacturing overseas is labor cost abd benefits. You can't compete 3rd world countries if their pay scale is like 0.5 to $1 an hour. U.S. can compete with them if they allow domestic companies to write off manufacturing costs to offset the labor cost. However the domestic companies will not be allowed to use the same write off for foreign factories. I'm sure the ecomomists can come up with a plan that can work and get the lobbyists fight for the manufacturing write off laws in Cngress
@RobertJohnson-lb3qz
@RobertJohnson-lb3qz 3 күн бұрын
Something similar has crossed my mind. With manufacturing being developed in the U.S. the inflationary pressures, with U.S. style wages and benefits, will be an issue. We will see how automation and AI affects that. Not to mention Federal and state laws. Hope for the best...
@jeffreykalb9752
@jeffreykalb9752 3 күн бұрын
Things are changing. Chinese labor is now trice as expensive as Mexican.
@jxxxhy
@jxxxhy 3 күн бұрын
There’s plenty of American made products that are competitive with Chinese made crap so what you said is a farce
@ColossusDR
@ColossusDR 3 күн бұрын
I guess the problemwith the Missouri scenario would be corruption in the city council/mayor when you get money from the "factory". A couple things can/will happen. The factory will lord over the city by way of the funds. The city will take the money, raise their own salaries and not use the money for its purpose. Or the city will build out a bureaucracy instead of dispersing the funds. Similar to the more admins and less teachers issue America has.
@faterrorism
@faterrorism Күн бұрын
Bringing manufacturing back to the US, but at what cost? Western media should use this rhetorical headline
@cayminlast
@cayminlast 2 күн бұрын
Technical High Schools and Training Schools would help, that's where my started in the 1970s, a good foundation builds a good work ethic and pride in your skill.
@JarheadMcLovin
@JarheadMcLovin Күн бұрын
The reason the Rust Belt got hit so hard and hit early was because it was by design. Back in the day it was intentional for a corporation to build a factory in some remote area so that they would either be the sole employer or the dominant player and therefore could control wages. That's why even today you see the disparity in wages from urban centers/ coastal vs the Rust Belt. However when those sole factories shutdown it wreaked utter havoc on entire communities.... You bring manufacturing back by making Wall Street pay for it since they created this threat to our national security. Look you had these idiots in congress, both parties that worked at outfits like McKinsey, their mantra was export jobs and manufacturing and hand the keys to China or whoever was the lowest wage country at the time, screw the little guy get a job at 7/11..... Bringing back manufacturing is not an option, it has to be done. By 2030 China will probably stop buying American grain which will further hit the Midwest and the nation as a whole. I don't mind paying extra to help my fellow American but I think it's time for Wall Street to do the same.
@amoswhitwam2691
@amoswhitwam2691 Күн бұрын
Manufacturing where unions don't exist has a much better chance of success. Unions were the beginning of the end for US manufacturing, driving costs up while reducing production.
@inuwooddog3027
@inuwooddog3027 8 сағат бұрын
All these ideas of moving manufacturing back to America is from the perspective of the corporations. From employee's perspective, you can feed a family work in a t-shirt factory in China, India, Vietnam, etc. You cannot do that in America.
@beth3535
@beth3535 Күн бұрын
He’s right about land and even facilities available for repurposing.
@slepwick01
@slepwick01 3 күн бұрын
Use the immigration program to drive U.S. labor. Give current non-citizen residents a path-to-citizenship option based around labor contribution. Begin using hemp as a base material for manufacturing. Develop textile clusters for entry-level use of hemp for clothing, rope, canvas, etc. as well as furniture. Invest in longer term design and implementation of hemp for homes. Use a strategy of locating new manufacturing clusters near rivers and use river hydroelectric. These strategies will provide a better material, lower labor costs for manufacturing with it, and lower power cost to run the factories. Also green.
@arturovillaluz2053
@arturovillaluz2053 Күн бұрын
We abandoned manufacturing many years ago. We never manufactured radios and stereos. And actually, how many TV screens, cell phones, computers, etc. are built in the U.S.? NONE! We are eons behind in manufacturing.
@dancerinmaya6813
@dancerinmaya6813 10 сағат бұрын
exactly. Most ppl don't read, so they are not aware of the trade war against Japan which started in late 1960s to late 1990s. The US was losing competitiveness, so they levied tariff and imposed quota on Japanese textiles, steels, electronics, automobiles, and semiconductors, amplified by financial and currency war, the US won, Japan was crippled b/c it's a country occupied by the US military. But US manufacturing continued to move out. In 2017, Trump started trade war, tech war against China, Biden continued, widened the scope and doubled down. They don't work and won't bring back manufacturing. Trump's threat to levy tariff won't work either this time. Americans always try to point fingers and punish someone else instead of confronting the issues at hand: just imagine if the US started to face the hallowing out from 1960s instead of trying to punish "the other", it wouldn't be this bad.
@tonyrichengod9280
@tonyrichengod9280 3 күн бұрын
I’ve been saying it for a long time: The US economy is DOOMED unless we bring manufacturing back
@nanagram13
@nanagram13 Күн бұрын
This country desperately needs to bring back manufacturing. There are many manufacturing sites abandoned that could be re-developed!
@jonathannorris-green1466
@jonathannorris-green1466 3 күн бұрын
Not if you want to pay more for everything. The people that beat the drum to bring back manufacturing jobs to America are the same ones that complain the most about how inflation is ruining their lives. You need cheap labor to make items less expensive. You can’t have it both ways in this country.
@drewh9166
@drewh9166 Күн бұрын
St. Louis mentioned! We could definitely use the investment. We have lots of manufacturing workers at Boeing and related companies but we could use more.
@davidwillis7946
@davidwillis7946 3 күн бұрын
Smart man. Excellent content.
@Sammy-n2q
@Sammy-n2q 3 күн бұрын
This is America. It won't be easy to fix or bring jobs back that fast without getting involved in the toughest issue and concern and that is everyone and community are divided and do not trust each other. That's America for you.
@Borgle
@Borgle 3 күн бұрын
that was the liberals plan all along, divide and conquer
@jxxxhy
@jxxxhy 3 күн бұрын
It could be back in a year
@brotherbig4651
@brotherbig4651 5 сағат бұрын
⁠@@jxxxhy😂
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