Manufacturing in the U.S. is starting to make a comeback, and is poised for even bigger gains in the years ahead.
That, at least, is the way the optimists see it.
One of the biggest challenges facing the American economy is that we lack a domestic manufacturing base. Simply put we do not produce anything anymore. We buy tons of foreign goods and then wonder why we are lacking jobs.
The 2012 elections are taking shape as a referendum on the U.S. economy. Which is a very good thing. We’re a decade overdue for a frank national conversation about American innovation in the twenty-first century.
Without a robust revival in the manufacturing sector, we can kiss our status as a great economic power goodbye.