U.S. Industrial Power Is Back.

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📊 If you appreciate our work, please leave a comment, thumbs up, or both. Your help will improve the algorithm and allow this video to reach more people on YouTube.

Correction: Aaron Slodov was actually the originator of the REINDUSTRIALIZE Summit. Chris Power, Austin Bishop, and a few others were collaborators in making the event happen.

Production: Hubert Walas
Research & analysis: Andrzej Krajewski
Video production: Łukasz Szypulski
Voiceover: Hubert Walas
Music: Charlie Ryan - Oscillating Form
Sound realisation: Dominik Kojder

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📊 If you appreciate our work, please leave a comment, thumbs up, or both. Your help will improve the algorithm and allow this video to reach more people on YouTube.

GoodTimesBadTimes
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As a CNC machine operator in a factory that is over 1m sq ft in the US, I am SO very excited for the future of american industry. Im in a less exciting sector than those cool kids making processors, yet i am still in a very important sector, the industrial heating and air sector. Our machines will be cooling those megafactories being built in the US, and worldwide. Very exciting times!

TheChronozoan
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As a construction worker in Alaska I must say, there is so much work in expanding our infrastructure up here for both oil and industry you literally can't be unemployed unless you tried. It's insane how easy work is to come by. It's amazing to see my country reclaim what my grandfather helped build in the 1930s.

Alaska-binm
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It’s been gradual, but I think with reshoring and the whole focus on reducing reliance on overseas production, it's becoming more obvious.

V.stones
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This one is personal for me.

I grew up in Ohio where I watched the steel mills close. I got my engineering degree and then moved to Texas and California because that is where you could get work. It wasn't available then.

I hope to leave California; return to the Midwest and bring some jobs with me when I start a company there.

alansnyder
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It's wild how massive super factories and industrial/tech parks can pop up in the middle of nowhere USA in a few short months with thousands of people working there alongside hotels, stores & services etc.

kev_sen
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I just delivered 25 tons of rebar to a massive Panasonic Energy plant being built in Kansas.

KnivesOfTheRound
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I grew up in Cleveland and my childhood was basically 1998-2012. I saw firsthand alcoholism, depression and poverty brought into the communities of good people because suddenly the jobs everyone had were gone. Not to mention the Browns.

Ifraneljadida
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About time we factored in all the benefits of producing something inside America i.e., jobs, workers spend wages in America, infrastructure, national security, R&D within the country, less travel, more exports, less reliance etc. rather than just the cost of making and shipping a product, not to mention quality; if the free market and companies can't do it, Gov should step in (the same applies for Britain where I'm from, we've just sold our steel making companies an absolute disgrace)

benjaminwinchester
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I'd like the average American to support the rebuilding of their communities

ElderFreeman
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In the 90’s and 2000’s our politicians forgot what made the US the world power. It wasn’t our diplomatic corps, it wasn’t our network of allies, it wasn’t our form of government, it wasn’t our freedom, and it wasn’t our military… When you get to the root cause why the US became the most powerful nation in the world, it’s our Steel. Our industry has been what we’ve relied upon when shit goes south.

The US is a giant. She’s slow to respond, but nearly impossible to stop.

arkad
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Keep in mind when it comes to chips. Only 3 countries designer them, Japan, Germany, and the United States. Taiwan does not design any of them. The etching machines needed to make the chips are built in the Netherlands.

jhrusa
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Seeing the US outpace Chinese gdp reminds me of Japan in the 1980s. Hopefully the future remains consistent with that comparison.

tc-tmmy
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America is literally the only nation that can provide almost all of its own needs (food, fuel, electricity) without the worry of supplies being cut off, Europe, and Japan can't even compare to this. If we can ever get our head out of our A$$es and make structural changes that will help every one, and retool our workforce we can continue to be the only global power on earth

cameroncunningham
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The problem with the declining vs ascending empire statement is that China's empire is also declining, in some ways much faster than the US. Population, for example. Who would've guessed that forcing families to limit child numbers by violent force would've led to a population crisis? Shocker.

alaskanmooseman
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In the words of one of the most famous Detroiters, Marshall Bruce Mathers III, aka Eminem: Guess who's back?

Marylandbrony
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Great points here about the enforcement of US anti-trust laws and the acceleration of the US economy through the early 20th century. We in the US should seek a return to anti-trust enforcement and allow our innovation to expand. At least Lina Khan is doing her job very well.

stevenjohnson
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Could you look into US shipbuilding? that is still, no other word, but, tragedy

jordibt
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I have an air condition built in the 70s in thr US and it's STILL BETTER THAN A CHINESE ONE I BOUGHT THIS YEAR.

whenisdinner
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1) GB and Second Reich were in a classic Thucydes Trap. The US should avoid falling in it with China!
2) Explosive demographic growth and emigration from Europe to US was a huge advantage
3) Natural endowment. The US had the natural endowment necessary for everything, including oil, which Europe never had much of.

Re-industrialization means everything will be more expensive; that's the cost of decoupling to gain more resiliency and security. This somewhat painful reality is not openly talked about but IMO was going to happen anyway because of resource constraints, political instability and the growing long-term effects of climate change.
Silver lining: The increased costs of re-industrialization are relative, somewhat mitigated by demographic decline in China, etc. and increase cost of energy input as more people compete for limited amounts. The North American system has an abundance of resources to make the transition easier.

electrosyzygy