I agree and for reference I am a proponent of Trump-style tariffs convinced with Biden-style industrial policy.
I think rebuilding domestic capacity is critical, but we should not oversell the amount of jobs that can potentially be created.
Light manufacturing will never return to America - it's already begun leaving China and half of India by 2019, and left Mexico in the 2000s.
"Manufacturing" is a very broad and overloaded term, and the type of manufacturing matters, and the kind of high value manufacturing needed for the US is both highly automatable AND high skilled.
I think rebuilding domestic capacity is critical, but we should not oversell the amount of jobs that can potentially be created.
Light manufacturing will never return to America - it's already begun leaving China and half of India by 2019, and left Mexico in the 2000s.
"Manufacturing" is a very broad and overloaded term, and the type of manufacturing matters, and the kind of high value manufacturing needed for the US is both highly automatable AND high skilled.