The Commerce secretary was on CNBC yesterday am talking about how the tariffs will bring back manufacturing jobs to US. Then a few seconds later was talking about having Apple (and other companies) make their products in the US using robotics. So very few actual American humans getting jobs.
That's the thing these people don't understand. The manufacturing sector employing large parts of the population in the US is never coming back, even with the assumption that tariffs will bring back manufacturing. That ship has simply sailed.
And besides, this is a trend that was happening in western countries anyway, i.e manufacturing being brought back, but with a much higher degree of automation.
Also, they don't account for the fact that even if companies moved manufacturing back to the US, it would take years to happen.
I can't remember where I read this, but economists said that once countries move on from manufacturing, they become service-based economies, which are more profitable than manufacturing-based ones.
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u/SchnaapsIdee 1d ago
The Commerce secretary was on CNBC yesterday am talking about how the tariffs will bring back manufacturing jobs to US. Then a few seconds later was talking about having Apple (and other companies) make their products in the US using robotics. So very few actual American humans getting jobs.