One key reason why the U.S. economy has consistently outperformed Japan and Germany is that America has a much smaller manufacturing sector.
Since the early 2000s, chronic manufacturing recessions in both Japan and Germany—combined with intensifying global competition—have significantly undermined economic growth in both countries.
So, is it really a smart strategy to try and rebuild America's manufacturing base? More importantly, is it even possible to re-industrialize the U.S. economy in a profitable way?
Be Careful What You Wish For…
One key reason why the U.S. economy has consistently outperformed Japan and Germany is that America has a much smaller manufacturing sector.
Since the early 2000s, chronic manufacturing recessions in both Japan and Germany—combined with intensifying global competition—have significantly undermined economic growth in both countries.
So, is it really a smart strategy to try and rebuild America's manufacturing base? More importantly, is it even possible to re-industrialize the U.S. economy in a profitable way?
可惜没有，特别是日本。