
[CRAIG NIGRELLI]
AS PRESIDENT TRUMP PUSHES FORWARD WITH HIS TARIFF POLICIES, A MAJOR REASON HAS BEEN, THAT HE WANTS MANUFACTURING JOBS TO HAVE REBIRTH AND AMERICANS FACTORIES TO FLOUISH.
HOWEVER, NEW POLLING SHOWS AMERICANS HAVE MIXED FEELINGS ABOUT BRINGING JOBS BACK TO AMERICA AND ACTUALLY DOING THE WORK.
A SURVEY FROM THE CATO INSTITUTE SHOWS THAT WHILE 80% OF RESPONDENTS BELIEVE AMERICA WOULD BE BETTER OFF WITH MORE MANUFACTURING JOBS, JUST 25 % BELIEVE THEY WOULD BE BETTER OFF IF THEY PERSONALLY WORKED IN A FACTORY. THE NUMBERS GO ON TO SHOW THAT ONLY 2 % CURRENTLY WORK IN A FACTORY.
COLIN GRABOW, THE ASSOCIATE DIRECTOR OF CATO’S CENTER FOR TRADE POLICY STUDIES, SAYS THE AGE GROUP 18-TO-29, REGISTERED JUST 36 % INTEREST IN MANUFACTURING EMPLOYMENT. HE SAYS THERE IS A DISCONNECT BETWEEN HOW AMERICANS, IN GENERAL,THINK OF MANUFACTURING AND HOW THEY VIEW IT FOR THEMSELVES. HE NOTES THIS WHY THE NATIONAL ASSOCIATION OF MANUFACTURERS HAS CALLED FOR INCREASED IMMIGRATION.
FORTUNE PERSONAL FINANCE REPORTS THERE ARE CURRENTLY ABOUT 500,000 AVAILABLE MANUFACTURING JOBS. BUT CATO FINDS, NOT ENOUGH INTEREST AMONG AMERICANS TO FILL THEM.
THE SAME SURVEY, PUBLISHED IN AUGUST OF 2024, FOUND THAT AMERICANS EXPRESSED MORE FAVORABLE OPINIONS WHEN IT COMES TO GLOBALIZATION, INTERNATIONAL TRADE, FREE TRADE AND TRADE DEALS. IN FACT, 66% OF RESPONDENTS SAID INTERNATIONAL TRADE HAD A MOSTLY POSITIVE EFFECT ON THE AMERICAN ECONOMY.
WHILE PRESIDENT TRUMP HAS INSISTED THAT AMERICAN JOBS AND FACTORIES WILL COME ROARING BACK, AMERICA HAS BEEN LOSING AUTOMOTIVE AND STEEL INDUSTRY JOBS SINCE THE 1980’S, AS THE UNITED STATES HAS SHIFTED TO A MORE KNOWLEDGE-BASED ECONOMY.
SOME ECONOMISTS AND TRADE EXPERTS ARE NOT CONVINCED THAT A MANUFACTURING COMEBACK, WILL WORK. IT WILL TAKE YEARS TO RE-OPEN FACTORIES AND PLANTS OR BUILD NEWS ONES. IN ADDITION, ACCORDING TO GOLDMAN SACHS, AMERICA RELIES ON IMPORTS FROM OTHER COUNTRIES MORESO THAN OTHER COUNTRIES DEPEND ON THE U.S.
AS A RESULT, MANY PRODUCTS CANNOT BE MADE IN AMERICA, WITHOUT RELYING ON IMPORTING THE RAW MATERIALS FROM ELSEWHERE.
AS THE BACK-AND-FORTH CONTINUES ON A DAILY BASIS, THE PRESIDENT OF NATIONAL ASSOCIATION OF MANUFACTURERS BELIEVES THE NEW TRUMP TARIFF LEVIES THREATEN AMERICA’S ABILITY TO OUTCOMPETE OTHER NATIONS AS THE PREEMINENT MANUFACTURING SUPERPOWER.
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