Made in the USA

Many people seem to hold this belief that the US is almost powerless or useless compared to countries like China, in that we do not manufacture so many things ourselves anymore. What this article asks us to keep in mind is that, first of all this is a false claim, and second of all we need to keep our heads up if we want to get through this because recessions do end eventually. Despite the pessimism, the US is definitely still the world's leading manufacturer, with hundreds of billions of dollars invested in our plants. What it points out is that some of these beliefs may come from a little bit of truth, but in reality the politicians are the ones who use that type of information for their own advantage. They want us to "see" how bad things are so that they can personally be the ones who help save us. Also, another good point is that he baby boomers' generation seems to notice the changes in where items are produced more than the rest of us, because it's all stuff that used to be made here.

Manufacturing elsewhere is conducive to cheaper labor and/or materials, but it's important to realize that this is not the only factor in deciding where to open plants. R&D, engineering capabilities, quality control, property rights protections, management talent, accessibility of markets, and accessibility of raw materials are among the other factors that deserve attention, and these are the areas where the US is usually able to provide the best.

USA