Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Restoring American Manufacturing: A Practical Guide

Restoring American Manufacturing: A Practical Guide

Reaboi, David
Goldman, David P.

Paperback

Series: Claremont Provocations Monograph

Business General

ISBN13: 9798377770664
Publisher: Independently Published
Published: Feb 16 2023
Pages: 54
Weight: 0.15
Height: 0.13 Width: 5.00 Depth: 8.00
Language: English
Officially, the United States has no industrial policy. But in practice, it has had one in place for decades that has shrunk America's manufacturing sector and blunted its technological edge: Tax and regulatory policies that discourage capital-intensive investment, subsidies for white-collar professionals rather than skilled workers, and shrinking support for the basic scientific research that sustains productivity. As a result, the US depends on China and other countries for strategic goods, and runs chronic deficits that have swollen our obligations to foreigners. All nations have industrial policies, and America need one that fosters industry rather than stifles it. We need an educational system that promotes skilled apprenticeships and engineering. The government also has a key role to play in suppressing harmful monopolies in Big Tech; in restoring tax and regulatory incentives to manufacturing; in training a skilled workforce; and--where national security demands it--subsidizing strategic industries to eliminate our dependence on foreign sources of critical goods. It is foolish to promote free markets when government policy in fact rigs the game to the detriment of industry.

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