BRD is thankful that the we have a President that gives a damn about American Manufacturing.
While most of my fellow countrymen don't care one whit about American industrial strength, at least for a few more years we'll have a real leader in the White House that has the intellect to grasp the importance of a strong manufacturing sector. That is some comfort.
There are some hopeful trends in the reversal of off-shoring. Surprise, Surprise - Indian and Chinese workers are pushing back on unsafe factories, lousy working conditions and subsistence pay levels. As variable labor costs increase in Asia, the wage advantage over the US is being squeezed by the increasing trans-Pacific transportation costs and time lag burdens; creating a looming profit problem for multi-national firms.
When it comes to making safe pharmaceuticals, medical products or other regulated products - it's not even a close comparison. It's buyer beware for products made in India and China.
Maybe some more folks in the persuadable middle-class will realize that the Republican elites on Wall Street and in Congress are not their friends. The GOP elites have happily followed a path for the last 30 years, that has crushed American Industrial skills and capacity. While Wall Street wizards and CEOs have grossly profited by stock price gamesmanship and bogus financial devices, the American middle-class factory workers have been forgotten and discarded. There has been an awful impact to our national well-being, as we raced to the labor cost bottom, moving major industrial production overseas.
Time to fight back, folks. Stand up for American Industry, again.