Where's the manufacturing job growth

[task0778]

Wasn't that the end goal for Trump's tariffs? Domestic manufacturing would make a comeback with more new jobs create here? But so far, it ain't happening. Promises in more investing here have been made, so maybe the numbers will improve. But - when you hit imported steel and aluminum with higher tariffs, the businesses that use steel and aluminum to make washing machines and bicycles and other like products will have to raise prices and the result is lower demand. Hence, a loss of jobs.

This isn't a TDS screed, although it sounds like it. The truth is that I hate tariffs and I think they are political rather than fostering economic growth. I opposed tariffs when the democrats did it too. Over the long run, tariffs have been a bad idea that promises much but delivers little.

 

[debbiedowner]

Very little manufacturing will come back to the point they, meaning tariff lovers, to the point it was. Never

 

[Woodznutz]

Won't happen overnight, but if the various investment commitments are genuine manufacturing here will increase eventually.

The increases in employment in education and healthcare is an indictment of both. The education system should teach people how to be healthy.

 

[Manonthestreet]

How much mining is off limits due to govt MN sits on a mountain of nickel and other minerals Timmy won't let anyone touch

 

[Dekster]

View attachment 1146846

Wasn't that the end goal for Trump's tariffs? Domestic manufacturing would make a comeback with more new jobs create here? But so far, it ain't happening. Promises in more investing here have been made, so maybe the numbers will improve. But - when you hit imported steel and aluminum with higher tariffs, the businesses that use steel and aluminum to make washing machines and bicycles and other like products will have to raise prices and the result is lower demand. Hence, a loss of jobs.

This isn't a TDS screed, although it sounds like it. The truth is that I hate tariffs and I think they are political rather than fostering economic growth. I opposed tariffs when the democrats did it too. Over the long run, tariffs have been a bad idea that promises much but delivers little.

May come back eventually. It takes more than 3 months to build, equip, and staff new factories. What is more interesting is the professional services number. I have warned people those will be the first jobs gutted by AI.

 

[Moonglow]

Very little manufacturing will come back to the point they, meaning tariff lovers, to the point it was. Never

negative 28 for the orange clown in manufacturing

 

[Crepitus]

View attachment 1146846

Wasn't that the end goal for Trump's tariffs? Domestic manufacturing would make a comeback with more new jobs create here? But so far, it ain't happening. Promises in more investing here have been made, so maybe the numbers will improve. But - when you hit imported steel and aluminum with higher tariffs, the businesses that use steel and aluminum to make washing machines and bicycles and other like products will have to raise prices and the result is lower demand. Hence, a loss of jobs.

This isn't a TDS screed, although it sounds like it. The truth is that I hate tariffs and I think they are political rather than fostering economic growth. I opposed tariffs when the democrats did it too. Over the long run, tariffs have been a bad idea that promises much but delivers little.

That was always a pipe dream. even with huge tariffs it's still cheaper to manufacture stuff on third world countries.

Remember who pays the tariffs to understand why that is.

 

[task0778]

May come back eventually. It takes more than 3 months to build, equip, and staff new factories. What is more interesting is the professional services number. I have warned people those will be the first jobs gutted by AI.

I kinda think most businesses are gonna wait and see how long those tariffs remain in effect. Reshoring is expensive, and many companies will do nothing until they see which way the wind is blowing in 2028.

 

[Woodznutz]

That was always a pipe dream. even with huge tariffs it's still cheaper to manufacture stuff on third world countries.

Remember who pays the tariffs to understand why that is.

China outsources manufacturing as well as the standard of living in China rises.

 

[task0778]

That was always a pipe dream. even with huge tariffs it's still cheaper to manufacture stuff on third world countries.

Agreed. Mostly due to the cost of labor being so expensive here. And the democrats are always and forever trying to raise the minimum wage and promote unionization that raises the cost of labor in the US even more.

 

[kyzr]

Building nuke plants, AI data centers, $17T of CAPEX commitments all take time to design, permit and build.
Patience little grasshopper...

 

[Woodznutz]

Building nuke plants, AI data centers, $17T of CAPEX commitments all take time to design, permit and build.
Patience little grasshopper...

Not to mention educating the necessary workforce.

 

[Rocko]

Manufacturing has been dead for decades

 

[initforme]

How much mining is off limits due to govt MN sits on a mountain of nickel and other minerals Timmy won't let anyone touch

If its going to pollute the lakes then leave it sit underground. The workforce is slowly going to shrink with the fertility rate direction.

 

[debbiedowner]

How much mining is off limits due to govt MN sits on a mountain of nickel and other minerals Timmy won't let anyone touch

Is that manufacturing?

 

[Moonglow]

Manufacturing will be automated, so very few jobs will remain for humans.

 

[Crepitus]

China outsources manufacturing as well as the standard of living in China rises.

As they grow out of third world status, they are indeed. Mostly to Africa from what I hear.

 

[Dekster]

I kinda think most businesses are gonna wait and see how long those tariffs remain in effect. Reshoring is expensive, and many companies will do nothing until they see which way the wind is blowing in 2028.

If I were a CEO, I would be inclined to start going into the reshoring thing, just not too radically. Most of the big announcements have been foreign companies building more in the US or regurgitated announcements of commitments already made before Trump like GE's plan to start manufacturing closer to customer bases (which I think was originally announced in 2017). The businesses most damaged will be the online sellers who are 100% dependent on foreign supply streams. Established manufacturers will take the time to figure out the logistics and money and develop incremental plans. My gut instinct is that while they might wait for 2028 and beyond to sort out their supply chains for materials and electronic components, they will start to repatriot just to get the beltway claws off their throats whether it be MAGA's or The Green New Deal's

 

[Woodznutz]

As they grow out of third world status, they are indeed. Mostly to Africa from what I hear.

The good news for them is that Africa won't.

 

[whoisit]

Very little manufacturing will come back to the point they, meaning tariff lovers, to the point it was. Never

Even if they do robots will fill most positions. Robots were taking auto and other factory jobs in mid 1970s.