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Yes, younger blue cousin, the business of “making stuff” is troublesome.

We have to come up with a strategy to get back to that because the efficiencies in offshoring are starting to evaporate and that is exactly where the lost jobs went.

Term limits are overdue.

BRC
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So how’s an entrepreneur supposed to deal with this? Clearly it’s still possible to create a good business with good jobs without government intervention (either good or bad). Is what we’re facing a case of specific businesses growing very fast in a few sectors, and the rest of the economy, while somewhat elastic, has a massive damper causing the ‘springback’ to happen over a generation. Heck, if someone can hold a Senate seat for two generations, what do they care?

The rest of us? Everyone can’t all go build apps and there are already plenty of pizza shops (although we could possibly use more good ones).

I just heard news today of another factory closing here in Syracuse NY (aluminum castings). They’ve been successful for over 100 years, until now. Not sure what happens when we actually need to build an engineered physical “thing” anymore.

If the supply chain from Asia becomes broken, we might all be screwed. We can live without new TV and iThings for a while, but what about the hard parts that makes things go? It’s aways off before we can 3-D print spark plugs or tires for you, BRC. Better stock up if you need something before then.

Perhaps I should start hoarding billet steel and machine tools…

By the way, your younger blue cousin says, “Hi”.