4.6 • 2.7K Ratings
🗓️ 5 April 2024
⏱️ 9 minutes
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0:00.0 | This is a CBSI in the world. I'm John Bachelor. Manufacturing. The Biden |
0:10.2 | administration and the Trump administration and the Obama administration |
0:13.6 | all administrations are keen on manufacturing as the demonstration of |
0:18.9 | American creativity and prosperity. However, I welcome Bernique to Regi of the Mercatus Center at George Mason University, |
0:27.0 | writing at Creative Syndicate and at the National Review online, |
0:31.0 | about manufacturing policy in the Congress and in the White House today and |
0:36.7 | how it does not comport with some of the facts such as it is very difficult to find a |
0:41.7 | workforce that is educated to operate in the modern factory. |
0:46.7 | Varenika, a very good evening to you. |
0:48.3 | There are huge bills out there that have been passed by Congress. All of them end with the word trillion, T, trillion. |
0:57.8 | And they're about manufacturing. What is the vision that they have that needs to be done. Why what is that money for good |
1:04.9 | evening to you? Good evening John. So there are different bills like the |
1:09.9 | inflation reduction act the CHIP Act and the the infrastructure the to promote the manufacturing of green energy. |
1:23.0 | Also, there's some money for some broadband |
1:25.4 | and for infrastructure. |
1:27.1 | But ultimately, all of it is done |
1:30.2 | under the banner of promoting manufacturing and creating a lot of jobs for workers in America, |
1:39.6 | especially the non-educated ones. |
1:43.0 | And creating these jobs to go into a factory that's filled with robots and cost-saving devices. |
1:51.0 | This isn't the assembly line of the 1925 to 1935 era. Are the administrators |
1:59.0 | in the White House and Congress to your measure. Are they well educated that a factory looks |
2:04.4 | very different today than it did even 70 years ago? |
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