Hope for American Manufacturing—and Maybe JobsChris Farrell
America’s manufacturing industry is in terminal decline, right? Smokestack America has been battered for decades by low-cost foreign competitors. Steel furnaces went cold, assembly lines shut down, and factory production moved overseas–especially to China, the world’s epicenter for mass production. A common refrain on the political stump and the nation’s op-ed pages is that “America doesn’t make things anymore.”
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