Thursday, January 11, 2018

A Manufacturing Return


American manufacturing is returning! The reduction of regulations has had a huge impact. It has moved us back to a  customer based economy versus a government based economy.  This Tax Bill is rocket fuel! Labor markets are getting tight and wages are starting to increase on the lower end. The best way to raise the minimum wage is a roaring manufacturing economy.
China's failure to help with Korea has allowed us to focus on the bigger problem of American jobs. There is no need to use American jobs as a bargaining chip for Korea's better behavior.
But what of a potential trade war? Realize that we are in a major trade war with China now and are losing. China is our enemy and they realize it. Some sort of economic war, if not a hot war, is inevitable. They are clearly planning for it. We should take them on while we have the strength to do so.   American manufacturing can win any war. do not be afraid!