“It’s time to look at the strength we get from making sure our businesses can compete, even if it means higher prices in the near term for American buyers.”
— Ted C. Fishman, author of “China, Inc.: How the Rise of the Next Superpower Challenges America and the World”
We hope Fishman’s quote, is focused on America’s future economic prospects rather than its past. This is relevant because regardless of what Trump promises, there are no policy prescriptions that will revive the decline of America’s low-tech manufacturing sector already decimated by technology change, globalization, and de-industrialization.