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New York! San Francisco! Our once grand cities are fast turning into… Yikesvilles. To help our hosts work up a diagnosis, The Ricochet Podcast needs the great Victor Davis Hanson. The quartet talk universities; they consider the unique top-down nature of this new wave of revolution, and discuss whether the country is in graver danger than it was in those dreadful 1970s.
Then James, Peter and Rob muse on the recently discarded standards of public decency vis-à-vis debased internet content and the all-to-common swear word.
Song of the Week:
- Sound clip is from New York Governor Kathy Hochul’s remarks after the seeing the video of Jordan Neely’s death
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(I’m only familiar with robots for electronics manufacturing, but…)
Manufacturing robots come from all over; US, Japan, Germany,…
Okay, but, even for robots “assembled” in other locations, how many of them get the parts/materials from China?
Seems to be pretty similar to prescription medications, and other things.
(I’m only familiar with electronic components, but…)
Electronic components come from all over; US, Malaysia, Japan, Taiwan, Korea,…
Chips are made in a few locations, although still China is responsible for a lot of them – if chips were commonly made in the US, US car makers wouldn’t have had big problems with shortages – and even for the final production of chips in the US and other countries, the silicon wafers used to produce them aren’t necessarily made there, and even the raw materials for making the silicon wafers to start with comes mostly from China.
This is a page and a half if you print it out
https://mises.org/wire/were-living-age-capital-consumption
The capital being consumed is not just money, either. Cultural, infrastructure, reputation, intelligence, population — the list goes on. These are all being frittered away, and not only by accident. We are being reduced.
I just this weekend started reading “The Box” by Marc Levinson about the impact of the shipping container on the world. I’m only a few chapters in but it’s fascinating what the impact of turning transportation from a labor intensive significant cost of production to essentially nil had on the economy.
I love that article. The only people that don’t agree with it are the people that make money off of the government.
The fundamental problem with manufacturing is that if you don’t have all the necessary components in stock, you’re stuck, you can’t ship.
So yes indeed, if more components were manufactured in the US, things would be a lot better.