Getting America's Shipbuilding Game Back
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Yep, we're back to shipbuilding again!
Because it's vital.
This time, industry insider Lance Lemcool, an executive who has spent his whole career in the shipbuilding world, discusses the current state of American shipbuilding, highlighting its decline and the need for government support. He emphasizes the industry's volatility, the importance of a stable workforce, and the need for consistent government purchases to stabilize the market. Lance advocates for the passage of the SHIPS for America Act to provide funding for the supply chain and shipyards. He also notes the success of other countries like China and South Korea in shipbuilding due to government investment and automation. Lance sings the praises of the American worker's ability to compete globally if given a level playing field.
Highlights:
00:00 - Introduction
02:56 - Current State of American Shipbuilding
06:56 - Pride and Dedication in Shipbuilding
14:27 - Challenges and Solutions in Shipbuilding
20:58 - Government's Role and International Competition
31:38 - Learning from Other Countries
39:40 - Conclusion and Final Thoughts
This was the deep dive of all deep dives! You really owe it to yourself to spend the time absorbing the whole thing. It's a masterclass in what's ailing us and what we can do to fix it.