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rayiner 4 hours ago

Even if you hate the orange guy, there's something to be said for his approach of using threats to achieve results instead of carrots like tax breaks.

gigatexal 4 hours ago | parent [-]

Haha very telling that this is what you find laudable. Onshoring manufacturing … it’s a low margin low skill (relative) industry compared to the services and things of the modern economy. We import goods made cheaper in other countries and benefit from it in consumer surplus… that the educated here on HN can invert a tree or whatever the latest leet code garbage is being asked in interviews but never took and economics class or basic ethics is beyond me.

rayiner 3 hours ago | parent [-]

If you were correct, it would be trivial for Apple to reshore the manufacturing. But it’s not. Because what China has proven is that, when you outsource the “low margin low skill” stuff, everything going up the chain will follow. China used its low-margin low skill work to bootstrap the rest of the stack, and now they can make air to air missiles with range exceeding US missiles: https://militarywatchmagazine.com/article/china-first-close-...

Margin is the wrong way to look at it. Law and finance are high margin work. But lawyers won’t help you win a war.