Another month has passed with another massive layoff of manufacturing employees – 200,870 in April – and that’s awful, but here’s what’s not awful: the great abiding truth about American productive power or what the future likely holds if the federal government does not intervene with anti-trade, anti-outsourcing stupidity.
As long ago as 1890, a free, robust, inventive, energetic United States had become the foremost manufacturing nation in the world, and guess what? We still are.
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