We're operating under unusual circumstances here. We have sustained inflation but interest rates are still very low. Under those conditions, it's actually wise to borrow money if you are able to qualify for a traditional fixed rate mortgage.
That's how my Dad's family lost their farms in the depression. My mom's family owned their land outright and had a couple banks. They lost the banks, but still had their land.
Now my grandfather was able to finally rebuy the old family farms in the 60's and we've had them ever since, but we always pay cash for land and operated on cash.
Yes, but I'm realistic about the prospects of accomplishing that.
Textiles aren't coming back. Consumer electronics assembly probably isn't coming back (even if we manage to claw back chip fabbing from Korea and Vietnam, which frankly I'm not hopeful about).
Large appliance and furniture assembly we can probably claw back, as it only went south of the border.
A couple of billionaires who know logistics could get it done. Develop a new manufacturing city in a state with tax benefits and no minimum wage. Set up a distributed network to help franchise operators start their own small production lines and deliver straight to stores / ship to Amazon. Promote it as a new AMERICA FIRST industrial revolution to attract a built-in market of conservatives. Mike Lindell should have done that instead of creating a new store website.
Definitely some specialized items would always come from overseas, yeah.
I'll break down the industries I singled out there and why they won't be coming back.
Textile milling will not return to the US because it was (and remains) one of the most dangerous industries after deep sea fishing and subsurface mining. Textile mills operate in countries where life is cheap, because fingers and lungs will be lost and there is nothing that can be done automation wise to fix it. That's why it was one of the first industries to LEAVE the US in the post-WW2 world reconstruction.
Consumer electronics assembly happens typically where the injection molding is done. For this, both in the molding and integration, you need CHEAP laborers who are basically dexterous robots. We don't use robots because frankly products change designs often enough that automation isn't worth the effort. The same factory with people can produce multiple devices for multiple brands, with outwardly different shells but the same internals. The people can adapt faster than the machines can be reconfigured.
And in particular, LCD assembly will not come back to the US because it remains hideously toxic and only really feasible in countries with no water pollution standards.
Textiles is here and is growing, the biggest issue is that most of the raw materials are shipped to garment mills in South America for the cheap labor. Increased shipping cost and people willing to stop buying single use underwear and it'll come back full steam.
Develop a new manufacturing city in a state with tax benefits and no minimum wage.
The rest of your points are good, but the federal minimum wage makes that second part impossible. Of course that just changes the question to "which state are there where you won't have to pay higher than the federally mandated minimum?" instead.
All of it should come back. It could easily be done with tariffs, and changing tax laws.
It won't be done as long as the political class remains in power, and the people of the US remain hypnotized.
It's not about clawing back. It's about changing our thinking and removing the power of globalists in corporations. As long as we believe it can't be done, it won't be done.
TSMC is building a fab in Phoenix. The cheaper chips are unlikely to be fabbed here anytime soon, though we do have some small capacity for it maintained for the military.
i tried and tried and tried to get a job at the local manufactory, and they just ghosted and ghosted and ghosted.
What is there to spend money on?
All I've got left is paying off mortgage debt at an accelerated rate.
And if you're waiting to take out a loan, DON'T WAIT, inflation means you're better off borrowing money now before rates and prices go up.
Borrow.
Seriously. If you have the ability, borrow money.
We're operating under unusual circumstances here. We have sustained inflation but interest rates are still very low. Under those conditions, it's actually wise to borrow money if you are able to qualify for a traditional fixed rate mortgage.
That's how my Dad's family lost their farms in the depression. My mom's family owned their land outright and had a couple banks. They lost the banks, but still had their land.
Now my grandfather was able to finally rebuy the old family farms in the 60's and we've had them ever since, but we always pay cash for land and operated on cash.
That was deflation, it's a totally different phenomena.
Your attitude on the usage of wealth is hyperconservative. Yes, it's safe, but it's also blind to opportunity.
The situation we are in today does not resemble the end of the 20's at all.
I'm at the point of what's another Million going to buy me that I don't already have?
Nah, I don't recall saying anything like that.
'Sides, if it's on mah land, I can jist sheut it.
piles of silver?
the TV told me to use silver boolets to hunt (((vampires)))
You may have a broken TV.
We need a Bering Straits rail bridge.
It's technically possible, the maximum depth of the straits is barely 60 meters. We build oil rigs much deeper already.
We need to make things in America again.
Yes, but I'm realistic about the prospects of accomplishing that.
Textiles aren't coming back. Consumer electronics assembly probably isn't coming back (even if we manage to claw back chip fabbing from Korea and Vietnam, which frankly I'm not hopeful about).
Large appliance and furniture assembly we can probably claw back, as it only went south of the border.
A couple of billionaires who know logistics could get it done. Develop a new manufacturing city in a state with tax benefits and no minimum wage. Set up a distributed network to help franchise operators start their own small production lines and deliver straight to stores / ship to Amazon. Promote it as a new AMERICA FIRST industrial revolution to attract a built-in market of conservatives. Mike Lindell should have done that instead of creating a new store website.
Definitely some specialized items would always come from overseas, yeah.
I'll break down the industries I singled out there and why they won't be coming back.
Textile milling will not return to the US because it was (and remains) one of the most dangerous industries after deep sea fishing and subsurface mining. Textile mills operate in countries where life is cheap, because fingers and lungs will be lost and there is nothing that can be done automation wise to fix it. That's why it was one of the first industries to LEAVE the US in the post-WW2 world reconstruction.
Consumer electronics assembly happens typically where the injection molding is done. For this, both in the molding and integration, you need CHEAP laborers who are basically dexterous robots. We don't use robots because frankly products change designs often enough that automation isn't worth the effort. The same factory with people can produce multiple devices for multiple brands, with outwardly different shells but the same internals. The people can adapt faster than the machines can be reconfigured.
And in particular, LCD assembly will not come back to the US because it remains hideously toxic and only really feasible in countries with no water pollution standards.
Textiles is here and is growing, the biggest issue is that most of the raw materials are shipped to garment mills in South America for the cheap labor. Increased shipping cost and people willing to stop buying single use underwear and it'll come back full steam.
The rest of your points are good, but the federal minimum wage makes that second part impossible. Of course that just changes the question to "which state are there where you won't have to pay higher than the federally mandated minimum?" instead.
All of it should come back. It could easily be done with tariffs, and changing tax laws.
It won't be done as long as the political class remains in power, and the people of the US remain hypnotized.
It's not about clawing back. It's about changing our thinking and removing the power of globalists in corporations. As long as we believe it can't be done, it won't be done.
TSMC is building a fab in Phoenix. The cheaper chips are unlikely to be fabbed here anytime soon, though we do have some small capacity for it maintained for the military.
Knowing America we'd get some feminist-only company to build it and it'd collapse after a week.
That's a real good article