Yes automation, AND tarifs would need to be in the many hundreds of percent for a lot of products to become cheaper to build in the U.S. I remember the people making hard drives in Thailand when I was there made ~$8k/year.
Nice pointing out China's emphasis on automation, it's an actual long term strategy and not this B.S. macho blustering that's happening state side.
Appreciate your analysis including comparative recent history of this curious/problematic position taken by Fain! I often wonder how much Fain represents the views of the factory workers including folks who are more newly unemployed (since December Stellantis layoffs), on this subject. His position that devalues future automation as you recognize, seems a strange fantasy especially given layoffs for white-collar works related to GenAI. But it's a strange state of affairs already where a laid-off white-collar worker will proactively defend GM's Mary Barra saying she likely had nothing to do with last fall's new status quo low-respect layoff methods/manners of the legacy company, and neglecting to recognize disparity of wealth of her $29.5 million comp in a City in which at least 30 percent of folks are in real poverty. Next time I can meet someone who works in the factories, I will ask them for their sense of things. :)
Yes automation, AND tarifs would need to be in the many hundreds of percent for a lot of products to become cheaper to build in the U.S. I remember the people making hard drives in Thailand when I was there made ~$8k/year.
Nice pointing out China's emphasis on automation, it's an actual long term strategy and not this B.S. macho blustering that's happening state side.
Brilliant words as always, thank you sir 💪 I hope life outside the USA is treating you all as well as can be, you lucky ducks
Appreciate your analysis including comparative recent history of this curious/problematic position taken by Fain! I often wonder how much Fain represents the views of the factory workers including folks who are more newly unemployed (since December Stellantis layoffs), on this subject. His position that devalues future automation as you recognize, seems a strange fantasy especially given layoffs for white-collar works related to GenAI. But it's a strange state of affairs already where a laid-off white-collar worker will proactively defend GM's Mary Barra saying she likely had nothing to do with last fall's new status quo low-respect layoff methods/manners of the legacy company, and neglecting to recognize disparity of wealth of her $29.5 million comp in a City in which at least 30 percent of folks are in real poverty. Next time I can meet someone who works in the factories, I will ask them for their sense of things. :)
Ha please do, thank you Bridget :) And great points as always, thank you for the thoughtful comment!