DOD announces $100M initiative to return manufacturing to US
Bring it all back home!!!! Its not enough, but damn is it a start!
Bring it all back home!!!! Its not enough, but damn is it a start!
A win for US National Security
- Thread starter RedVenom48
- Start date
Great news!
this is good news that we should all be supportive of
I'll bet that money is already earmarked and allocated to some favored companies. I support the idea fully, but it seems like only the big guys get almost all the money, especially DOD.
They run the little american manufacturers out with cheap foreign product, then when the little guys are all gone, get subsidized to bring it back.
They run the little american manufacturers out with cheap foreign product, then when the little guys are all gone, get subsidized to bring it back.
**** Beijing Biden! Trump 2020 KAG! **** democrats and China too.
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Definitely great news in light of all the negative news we're now dealing with now. Hopefully Trump will get a second term and put a fire under this policy change.
Beijing Biden lmaooooooooooooooo
I literally just read a paper about manufacturing and degloabalization post-covid.
Countries, not just us, are realizing that globalized markets, specifically the medical sector, may have gone too far for the sake of potential cost savings.
There were a couple European companies with offshore manufacturing that were barred from shipping their product back, through the normal supply chain.
If we have an American company producing elsewhere, that country can literally give them them the middle finger and not allow anything to ship out. Everyone plays nice until poop hits the fan.
Here's a scenario I could see play out. Millions lost their job due to Covid. Many will eventually get them back, but there will be a sector of jobs that will never recover nor return. This will create a labor surplus, allowing companies to shift production back to the States without having to fight and pay top dollar for the labor.
End of the day, it's the material supply that will drive a lot of decisions and possibilities. Labor is only a small piece of the pie when your talking about the total cost of a product.
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Countries, not just us, are realizing that globalized markets, specifically the medical sector, may have gone too far for the sake of potential cost savings.
There were a couple European companies with offshore manufacturing that were barred from shipping their product back, through the normal supply chain.
If we have an American company producing elsewhere, that country can literally give them them the middle finger and not allow anything to ship out. Everyone plays nice until poop hits the fan.
Here's a scenario I could see play out. Millions lost their job due to Covid. Many will eventually get them back, but there will be a sector of jobs that will never recover nor return. This will create a labor surplus, allowing companies to shift production back to the States without having to fight and pay top dollar for the labor.
End of the day, it's the material supply that will drive a lot of decisions and possibilities. Labor is only a small piece of the pie when your talking about the total cost of a product.
Sent from my SM-G975U using the svtperformance.com mobile app
I read your post twice. All I can muster up is **** China.
I'll say it again, **** China.
$100M is the DoD budget for EOY (FY) Dyson spending.
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