Dealing with these consumption products in American homes (the ones we buy from say, WAL-MART) might give a distorted perspective of what America makes and our relationship with the rest of the world.
The fact is, America still makes many things that are sold abroad and domestically — just not things that are found in the house.
There is the economy we see in our daily lives and there is the hidden economy, which is out of sight and out of mind; that’s the real economy, It makes the economy we see happen because it’s productive, innovative and profit making, and that’s what makes America successful.
According to Moody’s Analytics, when it comes to manufacturing the U.S. is a global leader in the production of medical equipment, vehicles, airplanes, movies, pharmaceuticals and agriculture products.
Aside from movies, although Americans may come into contact with these products they are not goods that consumers purchase. Such advanced, higher-value sectors are driving America’s economy and the continued growth and advancement of those fields will sustain it.
These advanced industries require a higher level of skill, from industrial design to industrial production,m It requires a different kind of American worker.
Go out and buy me an American made flat screen and a American made cell phone and get back to me.