Making the complex more simple? Let's get to the point.

Video: Why you can't manufacture in America

Reaction: Takes too long to get to the point, and even at 15 minute mark, there's no answer to the why you can't manufacture in America.

The guy doesn't know what he is doing. But nobody else does either. This is by design.



Note: There's a lot of celebration about now with the Bill with Many Adjectives passed. There is also a lot of sad faces. AOC was doing her "silly girl" routine with a crying jag. Boo-hooey.

An ad hoc definition here of economics is the management of scarcity. Scarcity can be managed top-down, with some authority who will distribute the scarce goods according to an arbitrary system. Or goods can be managed through the price system. The latter is free, the former is not. Which is better? It seems that the free side is more productive, because people respond to incentives.

How does this relate to the point? The question is why you cannot manufacture in America. There is no incentive to do so, otherwise decision makers WOULD DECIDE to be manufacturing in America, as opposed to elsewhere. The incentives are gone.

You can't manufacture in America because to manufacture means to have self-reliance. Trading is not in the spirit of self-reliance. If you trade for your existence, then you are always dependent upon the source of supply. If the supply comes from someone else, then you are dependent upon someone else. We don't manufacture in America anymore because we lost our sense of independence. It has been drummed out of us by the decisions of the leadership. The leadership has believed that to develop dependence is a good thing, but that dependence has a downside---dwindling freedom.

Tariffs won't solve the dependency problem. Indeed, dependency is a feature, not a bug--according to policy makers. There will have to be a major reordering of the society in order to bring back manufacturing. It won't happen because most people don't want it. They prefer their bondage. Indeed, that is what the leadership wants. Whether or not they really know that they've done this is another topic.