Watters: What kind of manufacturing are you talking about returning here?
Lutnick: What's going to happen is robotics are going to replace the cheap labor…
Discussion
Cheap illegals out. 🧒🏾
Cheap automation in. 🤖
So the robots are going to do more work for less money?
How does that even remotely imply jobs will be available? They'll build the factories using manual labor, and then what? We're back to exporting goods for other trade surpluses?
What a joke.
The 'So' tell.
So?
Everything is a 'jobs programs', so I'm not seeing how building factories to place robot workers to do the jobs they want to bring back is a positive spin on it, at all.
Its your lack of trust in the market that prevents you from seeing