There were corralled into college. A captive market for unemployable Misfit Toys larping as educators and sub-literate ideologues masquerading as scholars. Kids wasting precious time so that a vampiric elite of Boomers could pretend that they were offering opportunity in lieu of prosperity now.
Reindustrialisation is liberation for the young. Real skills, mentoring, attention... intergenerational equity in place of neglect.
Lovely phrasing: "Re-industrialisation is liberation for the young. Real skills, mentoring, attention... intergenerational equity in place of neglect." I have no additional heart emojis to give here, but I wish I did.
"As noted, our perverse industrial policy is comprehensive and embedded in every sphere of government activity—taxation, regulation, infrastructure, education, and defense. Reversing our industrial decline requires comprehensive reforms. There is a temptation to find a simple solution—for example, a tariff on imports from China. As noted below, our imports from China before the Trump administration’s tariffs went into effect ran at a $410 billion annual rate. As of May our imports from China ran at a nearly $700 billion annual rate, an increase of more than half.
We should remember H. L. Mencken’s quip: “For every complex problem, there’s a solution that is simple, neat and wrong.” But there is a guiding principle that is simple and clear, although working out its details will be complicated: We have to build the industries of the future rather than attempt to revive the industries of the past."
This is glorious, invigorating, and economically CORRECT! Wow, good job.
I was just reading a typical Quora answer from a Chinese mainlander, sneering about America's $21 trillion national debt. However, in the comments, the Chinese guy wrote something with a very different tone, one that resembles this post! And he wasn't under any sort of pro- or anti-MAGA influences, as he wrote it nearly 10 years ago, when tariffs were merely a sparkle in Peter Navarro's eye...
"Actually in short term, cutting government spending or raising tax rate or a combination of both usually means lower output, lower interest rates and lower FX valuation (and likely to drag US into a recession). And because USD is the global reserve currency, the world will be even more concerned about the stability of USD and their US debt holdings, that's why it's a dilemma. [He's referring to the Triffin dilemma.] Let's say the world start to move away from the dollar to the SDR, starting from the Saudis to quote their oil in SDR, a reduced dollar and US debt demand from the world will mean US government needs to cut its spendings further, which further devalues the dollar, that will mean a lot of jobs will starting to move back to US due to the US's large population of skilled and educated workforce and huge domestic market. But the process will be painful..."
Yes, the process will be painful, but it is better done sooner than later, while our capable manufacturing veterans are still alive. We don't have as much of a "skilled and educated workforce" as described, but we must try, while it is feasible to turn things around.
The unanswered questions posed by all this are simple: cui bono? Which specific classes, regions people reap the rewards? Who gets relegated to the ranks of the surplus classes?
As America rebuilds from the Sado-Malthusian era those who collected the rent on managed decline are not going to go away.
Reindustrialization is the death-knell of the New Deal legacy. There is no way to develop skills on any scale while leaving the education sector in the hand of the federal courts and the DEI hires.
It will take a while, but those with bullshit credentials and those in bullshit jobs face realities for which they are not prepared.
A rising class of highly skilled workers, without any loyalty to, or interest in, the old order will be highly disruptive.
I think it is wise to tariff the heck out of China and third world hostiles, but we should have as close to free trade with our allies as humanly possible. The only goods that should be tariffed are ones strictly necessary for national security such as steel and food stuffs. I don’t think it matters where are shoes and tvs and even iPhones are made.
I also highly reccomend that the government engages in food buys from small farmers to encourage Jeffersonian agrarian development.
Honestly the Korea and Japan reference isn't necessarily positive for the people. It's almost an admission that either there is decline and unhappy subpar living or growth and unhappy subpar *personal* living for the masses.
Not ironically both countries have the highest suicide rates for these things. Japanese even has the "herbivore men" term and Japan has the phenomena. Both countries are bad for demography....so..how do you resolve that?
Lack of Youth;
“employees were, on average, middle aged. “
That’s because they’re in college, wondering what they’re doing there…
Thank you for this article.
There were corralled into college. A captive market for unemployable Misfit Toys larping as educators and sub-literate ideologues masquerading as scholars. Kids wasting precious time so that a vampiric elite of Boomers could pretend that they were offering opportunity in lieu of prosperity now.
Reindustrialisation is liberation for the young. Real skills, mentoring, attention... intergenerational equity in place of neglect.
Lovely phrasing: "Re-industrialisation is liberation for the young. Real skills, mentoring, attention... intergenerational equity in place of neglect." I have no additional heart emojis to give here, but I wish I did.
Thank you. Good to know that there are others who get it, as well as flattering that you appreciate my words.
To answer the Title: Yes.
We never really completely De-Industrialized and we’ve been Reshoring for years.
We 🇺🇸 have been lied to and demoralized and told “it’s inevitable” by the managed decline crowd, who literally have been betting against us.
Oh and they went into debt to gamble so…. They are losing.
We’ve been reshoring for years, we certainly have the resources and people and infrastructure.
Links unto Spam available on request.
Thank you for this excellent and succinct article.
I’m going to repost.
We’re perfectly capable of doing this, and as you note we’re not doing it from scratch. At all.
Not that it hasn’t been done before.
We can add to the USSR the postwar examples of Germany and Japan, the modern Chinese that did it from far less a base.
Mexico.
Vietnam.
Indonesia.
Indeed Haitians working in Springfield, Ohio.
As noted we don’t have a real choice.
As for Tariffs: Trump is merely equalizing the playing field.
Another way to think of Tariffs are the precious government subsidies we’re told we just can’t live without…
Thank you again.
This article is worth reading on this topic: https://dc.claremont.org/restoring-american-manufacturing-a-practical-guide/
"As noted, our perverse industrial policy is comprehensive and embedded in every sphere of government activity—taxation, regulation, infrastructure, education, and defense. Reversing our industrial decline requires comprehensive reforms. There is a temptation to find a simple solution—for example, a tariff on imports from China. As noted below, our imports from China before the Trump administration’s tariffs went into effect ran at a $410 billion annual rate. As of May our imports from China ran at a nearly $700 billion annual rate, an increase of more than half.
We should remember H. L. Mencken’s quip: “For every complex problem, there’s a solution that is simple, neat and wrong.” But there is a guiding principle that is simple and clear, although working out its details will be complicated: We have to build the industries of the future rather than attempt to revive the industries of the past."
Whoops.
This is glorious, invigorating, and economically CORRECT! Wow, good job.
I was just reading a typical Quora answer from a Chinese mainlander, sneering about America's $21 trillion national debt. However, in the comments, the Chinese guy wrote something with a very different tone, one that resembles this post! And he wasn't under any sort of pro- or anti-MAGA influences, as he wrote it nearly 10 years ago, when tariffs were merely a sparkle in Peter Navarro's eye...
"Actually in short term, cutting government spending or raising tax rate or a combination of both usually means lower output, lower interest rates and lower FX valuation (and likely to drag US into a recession). And because USD is the global reserve currency, the world will be even more concerned about the stability of USD and their US debt holdings, that's why it's a dilemma. [He's referring to the Triffin dilemma.] Let's say the world start to move away from the dollar to the SDR, starting from the Saudis to quote their oil in SDR, a reduced dollar and US debt demand from the world will mean US government needs to cut its spendings further, which further devalues the dollar, that will mean a lot of jobs will starting to move back to US due to the US's large population of skilled and educated workforce and huge domestic market. But the process will be painful..."
Yes, the process will be painful, but it is better done sooner than later, while our capable manufacturing veterans are still alive. We don't have as much of a "skilled and educated workforce" as described, but we must try, while it is feasible to turn things around.
The unanswered questions posed by all this are simple: cui bono? Which specific classes, regions people reap the rewards? Who gets relegated to the ranks of the surplus classes?
As America rebuilds from the Sado-Malthusian era those who collected the rent on managed decline are not going to go away.
Reindustrialization is the death-knell of the New Deal legacy. There is no way to develop skills on any scale while leaving the education sector in the hand of the federal courts and the DEI hires.
It will take a while, but those with bullshit credentials and those in bullshit jobs face realities for which they are not prepared.
A rising class of highly skilled workers, without any loyalty to, or interest in, the old order will be highly disruptive.
What a brilliant assessment and summary of our fraught and possibly hopeful moment as a nation!
I don’t think I buy it.
I think it is wise to tariff the heck out of China and third world hostiles, but we should have as close to free trade with our allies as humanly possible. The only goods that should be tariffed are ones strictly necessary for national security such as steel and food stuffs. I don’t think it matters where are shoes and tvs and even iPhones are made.
I also highly reccomend that the government engages in food buys from small farmers to encourage Jeffersonian agrarian development.
Honestly the Korea and Japan reference isn't necessarily positive for the people. It's almost an admission that either there is decline and unhappy subpar living or growth and unhappy subpar *personal* living for the masses.
Not ironically both countries have the highest suicide rates for these things. Japanese even has the "herbivore men" term and Japan has the phenomena. Both countries are bad for demography....so..how do you resolve that?