US automobile factory capacity utilization is down around 60%. IF it left for somewhere the first time, it can leave there and come back I think.
Real steel and aluminum is likely never coming back.
A mill that takes “other people’s “ materials or recyclables and makes new steel or aluminum isn’t the type of mill that would actually make us independent. It can only reprocess garbage we already have sitting at the wrecker or in scrap. (Important but not infinitely sustainable for 100% of production)
There is close to $100b of supply chain rotting alongside Lake Superior through Detroit that mines, stamps, refines, ships and delivers finished cars.
Very little of the mining and processing infrastructure survived the end of the 1980’s
Steel makers chased Pennie’s going overseas to exchange processing costs for transportation costs and delays, they never could justify upgrading to new technologies to be competitive because they viewed it as costing too much, bringing it all back after being allowed to have the forest take it back will be even more expensive still.
And steel and aluminum production equipment is cheap compared to proper fab, board, chip and lcd masking supply chain.
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Mike Rowe recently reported the U.S. has 7 million able bodied adult males currently not working.
We need to be Americans, not Americant's.
“able bodied “ but non-employable due to pick one or more
1. Criminal background
2. Mental illness
3. Epilepsy or other silent disabilities
4. Lack of training or schooling
5. Formerly were on permanent disability but got punted when trying to work a part time job for people with disabilities.
When the people he talks about get a deep dive you find most apply for work and don’t get responses after hundreds of attempts.
Because welfare no longer exists paradoxically these guys rarely get public assistance either, some states pull them off food stamps, once on the street it doesn’t matter how much you want to work your not getting hired.
My church partners with a program that does the thankless work of trying to reabilitate these “able-bodied “ guys, many veterans and very difficult lengthy processes to try to rebuild the man.