Comment on Do people really think setting up domestic manufacturing in the USA is easy?

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yarr@feddit.nl ⁨2⁩ ⁨weeks⁩ ago

He goes on to agree with “Peter Navarro, a top adviser to the president on trade, says currently, automobile manufacturing plants are at about 60% capacity. He argues that there’s lots of untapped capacity, meaning jobs could be created relatively easy, and you didn’t have to need- you wouldn’t need to spend two or three or maybe five years building new factories.”

This is an interesting tidbit. That means they could “turn up” any of these existing facilities without building anything new, yet they have not. Lack of demand? Noncompetitive price? It would be interesting to know. To me, if we have plants sitting at less than full capacity we should solve that before meddling with any new industries that would require greater investments.

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