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Our host Jim Vinoski on the nonexistent rule about rich countries always being service economies
"Manufacturing jobs aren't coming back to America, because rich nations are always service economies."
Wrong on all counts!
Our esteemed host explains why this oft-repeated statement is flat-out false, and what has really led to the decline of much of American industry.
We're already reshoring, and we can cement that trend and accelerate the recovery of American industry by fixing those root causes:
- Overregulation
- Dumb financial decisions
- Destroying our electric generation infrastructure
Tune in for the whole thing. It won't take you long, and it will be well worth your time.
Links to my relevant Substack articles:
Once Again, the "Rule" that Wealthy Economies Deindustrialize is Inane
https://manufacturingtalks.substack.com/p/once-again-the-rule-that-wealthy
Major Media Narrative of the Day: "Manufacturing Jobs Aren't Coming Back." Don't Believe It For a Second!
https://manufacturingtalks.substack.com/p/major-media-narrative-of-the-day
"Wealthy Nations Become Service Economies" is Just Plain Dumb
https://manufacturingtalks.substack.com/p/wealthy-nations-become-service-economies
America's Bike Makers And the Dell Computer Model: Pending Disaster or a Sound Business Strategy?
https://manufacturingtalks.substack.com/p/americas-bike-makers-and-the-dell
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