Comments by "Tony Wilson" (@tonywilson4713) on "They released their 2024 platform, and IT'S INSANE" video.

ENGINEER HERE - I just want to correct or clarify something you said regarding manufacturing. By far the more important cost in manufacturing is ENERGY not labor. My degree is in aerospace but I work in industrial control systems and with that have spent many years in manufacturing and mining. There's a great myth that was started by economists in the late 70s that Western Manufacturing was uncompetitive due to wages. Although this was true in some industries it was NEVER TRUE in many industries. Where it was true was in low skill high labor content industries like garment manufacturing but even there the cost of electricity to run the spinning, weaving and sewing machines was just as important. It was also true in the American car industry but mainly within the AMERICAN owned manufacturers (GM, Ford,...etc) and that was because of the deal made with unions for health care insurance. That insurance added about $3,000 per car. So that part is as much to do with America's insane health care system as it does with wages. People need to think about countries like Germany which has very high wages and yet they also have a very successful manufacturing industry that ahs so far never been threatened by the cost of high wages. Part of the reason for this is not so much the people but the value generated per $ from those wages. The Germans had a high focus on quality and value. There's a part of German manufacturing mentality that goes a bit like this. "Yes our product is more expensive but if you buy that cheaper product your wasting money because its not going to work as well as ours." BECAUSE America is now starting to USE and not simply burn the gas of the giant shale fields in the Dakotas then America will have LOTS of cheap energy. General Electric (I have no connections there) has a new generation of gas high efficiency gas turbines which can use that gas. YES its a fossil fuel but just releasing natural gas instead of burning it is 100x more damaging to the environment, which is why they simply burn it now and get that fantastic image of the Dakotas at night all lit up. If they are going to burn that gas anyway because its effectively a by-product of the shale oil fields then burn it in a turbine and generate cheap electricity and use that cheap electricity to power a new generation of manufacturing. IF YOU'D LIKE I would love to come on the show and discuss this, because if either Kamala or Trump plays on this in THE RIGHT WAY they could look very good. Lots of job creation.
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