When clowns are running the show, most of the policies
are going to backfire. Clowns do not think forward, only intent on
keeping the audience entertained. They care not about what happens next.
First
of all, sourcing of raw materials will be one big problem for the USA
trying to bring back manufacturing. China now controls most of the
essential raw materials and even the refining logistics. The USA is
trying to put the cart before the horse by frantically building up the
factories from scratch and then trying to source for the raw materials
to operate. It will not work!
Next, we have to look at the
skilled manpower needs which is in short supply in the USA. Training
engineers takes time, and time is not what factories can stay idle and
wait. TSMC, in setting up semiconductor manufacturing in Arizona had to
recruit skilled engineers and technicians from Taiwan to work in the
USA. Here, TSMC encountered another big problem. The work attitudes of
USA locals and imported Taiwan workers contrast like day and night.
Taiwanese work long hours in Taiwan and brought with them the same work
attitude to the USA, but USA workers are basically lazy bums unable to
follow the TSMC work routine. Another rouse that escalated was the
differential in wages paid to USA locals and Taiwanese workers.
With
the wage differentials in mind alone, can products made in the USA be
able to compete in the global market? With the lack of raw materials in
mind, trying to source for cheap raw materials is out of the question
and with more expensive inputs, can the USA hope to compete on the
global market?
China works on a different trajectory. China
thinks long term what it wants to do and plan its move. China trained
all the engineers and stem graduates that it will need for its
manufacturing hub agenda decades ago. In tandem China also sourced for
all the raw materials and secured them under joint ventures will
friendly countries like in Africa also decades ago. China did not do all
this yesterday. China had all these planned decades ago. That is why
China was able to dominate global manufacturing so fast while the USA
was still asleep in the believe that their days of domination will never
end.
Anonymous