alt Hacker News> The US is able to afford a trader imbalance because the USD is the world's reserve currency. Other countries are subsidizing our trade imbalance. It's a huge win for the US.
The geopolitical calculations regarding China and the socioeconomic conditions of working class people in the Midwestern and Northeastern United States would beg to differ.
You need to have at least some control of your own manufacturing destiny for national security reasons, and you need somewhere for people with a high school diploma to work or they start dying deaths of despair.
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Also FWIW - the US is the second largest manufacturer in the world, only behind China due to it's larger population. Our productivity per worker blows China away (though they are catching up) and is the best in the world. We manufacture plenty and do it well.
This idea that we have lost manufacturing and we need some push to onshore it all again is... well... another manufactured problem that isn't.
I agree on the security aspect. However, tariffs aren't gonna fix that but will make it worse. We need to remove red take and lean into projects like Port Alpha and California Forever. We also need to work with our allies who are already strong on manufacturing instead of alienating them at every step possible.
The job situation is unfortunate but these jobs will not come. China has lost more jobs to automation than the US has to China. If we want people to prosper we need to build housing where the economy is and encourage people to move there.
While we have lost tons of factory jobs, we have created lots of service jobs that require similar skills. There has been a boom around jobs like solar installation, HVAC and similar. They just aren't as visible because it's a little bit everywhere, rather than a company or industry town.