Trade War: Why It's Hard To Bring Manufacturing Back To The United States

 The video makes some good points; let's watch them and then talk a bit about them:

• Diligence: Yeah, Americans are not working longer hours in a factory without extra pay. If the Cost of Living and Quality of Life were better, maybe...
• Cutting Edge Technology: China is introducing flying taxis to go along with their high-speed rail and attempts to cure cancer; Americans are still arguing over fixing roads and bridges (which would have created a few more jobs) and giving citizens universal health care. We are not the same. 
• Decades of Manufacturing Experience: So much so that it's part of the Chinese culture at this point. It would take years for Americans to catch up, and as Phillip Scott pointed out, we can't even get Americans to farm when presented the opportunity. Also, with the Department of Education being attacked, good look streamlining that training in any efficient way.
• Low Industry Power Costs: When the utility companies aren't concerned with squeezing money out of everyone, the business that rely on them can create good for a lower cost.
• Fiscal Discipline (not focusing on maximum profit gain): This should have been the first point because of the way is impacts the others. Because the focus is not on maximizing profit, there are few roadblocks to creating an effective, useful product. 
• Cost-Effective Supply Chain: Remember how Covid destroyed the US supply chain? We shut everything down, making what was available super expensive and then apparently there was an added cost to turning things back on, and that was without a robust manufacturing element.

We have to remember that because  (1) companies made more money in finance and tech than in manufacturing and (2) moving jobs our of America helped to weaken the political power of (usually left-leaning) unions, having factories in other countries was too appealing an opportunity for American businesses to pass up. 

Phillip Scott is also correct about Americans not really being inclined to work manufacturing, especially those who were/have been cheering on the Trump White House's stance and actions toward immigrants; you can't kick out a group of people willing to work those types of jobs (and for cheap) and then complain that nothing's getting done.