The report comes as the Obama administration is seeking to make U.S. manufacturing more competitive through engineering and innovation.
And blew 500 million too?
People people people...the vast majority of innovation stems from solving manufacturing problems or adapting manufacturing to a product. When you don’t manufacture, there’s no need to be innovative. On a large scale, there is no pressure to dream up ideas if there is no immediate reward.
The better mousetrap is going to come from where the mousetraps are manufactured.
The only kind of engineering coming from the government recently is social engineering, and that isn’t working, either.