Quote:
Originally Posted by CoachKandSportsguy
The question: is your economic policy goal the cheapest cost of production wins? regardless of the location or the second / third order effects?
OR
is the economic policy locally mfg goods with better delivery times and less potential supply chain disruptions, with a stronger domestic money flows for financing?
If you pick the second, the only pain is the transition from the first to the second, and that can be temporary.
|
Can be temporary? Temporary is probably at least 2 years. American companies would need a huge cash investment, find and hire qualified workers, work out supply chains and logistics and hope they still can compete with slave labor countries. This has been going on after the affects of WW 2 ended and is not going to be fixed overnight