The Decline and Fall of the U.S. Manufacturing Empire
length 6:25
We don’t have to look far to find someone bemoaning tHe loss of US manufacturing jobs. The thought expreSsed generally goes something like this: “The United States can’t remain a leader in the global economy if we continue losing manufacturing jobs. We’re not making much here in the US any longer; we can’t base our whole economy on information and services.” This is an understandable, but incomplete, assessmentof what’s really taking place in our ever-changing economy. Brian Wesbury, featured speaker for our October 2009 Wise Wealth Lecture Series event, says this sort of change is not new; we’ve been here before.
To watch Brian’s entire presentation, including the audience Q&A, please clickhere: (Brian’s talk - 43 minutes, Q&A - 22 minutes)
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