| ▲ | bmurphy1976 3 hours ago | |
The term for China's manufacturing advantage is agglomeration. The US is never going to be successful with these manufacturing initiatives until the US government gets its act together and starts rebuilding all the infrastructure that has been destroyed over the last 50 years. That requires more than just tariffs. It requires actual investment. Investment in infrastructure, people education, power, everything. It's actually why silicon valley is so successful because it is an agglomeration of the tech industry. We need the same for manufacturing if we ever expect to do it again. | ||