Pick your year. Manufacturing right now is a higher percentage of our GDP than it was just prior to WWII, a time when we were considered to be a great industrial might. It’s manufacturing JOBS that are disappearing not manufacturing, and that’s because of automation. Do things move offshore? Of course, but other things come onshore. Things get built where it makes the most sense to build them, and there’s a lot that goes into making some place the right place. Some of those things we can change, like ending abusive taxation, and simplifying the EPA. Some we can’t, like distance from supplies and market (contrary to popular belief not everything gets sold here, we buy a lot, but it’s a big planet).
Manufacturing right now is a higher percentage of our GDP than it was just prior to WWII.
///////
Why would you use a percentage of GDP. Why not use the amount of American Cars we make here in America....or Cell phones.....or planes or ships. In WW2 we were producing more ships than the Japs had planes, look that up.
How many tanks could we produce in WW2, compared to today.
Get real facts .....don’t use percentages....that is the same false game used by the budget people when trying to pretend our deficits are ok AS LONG AS THEY ARE A CERTAIN PERCENTAGE OF GDP.
oh....and by the way, the GDP is negative. Remember that the manner of calculating it has been increased by 3.5 percent.