To start with, they’d have to be willing to pay more in Walmart for us made goods…
The future of manufacturing is automation, not jobs. Wouldn’t it make more sense to nurture multiple suppliers for critical items?
I can’t read the full article, but the snippet (6%gdp/$2T) seems not that expensive? And you could read that either way ”cheap so we should do it” or “if we end up needing to do it, we can do it”.
I get why the government is keen to do this, but what sane citizen wants to live anywhere near those factories they want to bring back? Nothing like contaminated drinking water, poor air quality, acid rain that ruins your cars paint, noise and light pollution etc, etc, etc. Not to mention they'd surely be built with automation in mind to rug pull and wishful thinking about job creation. No thanks.