Few inside the public sector are willing to address this trend. Reduce taxes and jobs will return. Tax reduction can't happen until the public's faith in socialism has been broken by failed promises.
Headline: The U.S. manufacturing sector is getting killed
Thanks to Steve Feinstein for bringing the article about American manufacturing by Michael J. Hicks at Ball State University to our attention, thereby providing an opportunity to debunk some claims made in Hicks's piece.
Hicks claims the following:
No matter how you measure it, 2015 was a record year for manufacturing production in the U.S. Even with the last few rocky few [sic] months, we are still at record production. There's no ambiguity on this. I think inflation-adjusted dollars are the best measure, but any available metric – nominal or real GDP, industrial production indexes, quality indexes – reveals the same trend. U.S. manufacturing production is booming; we're just doing it with far fewer workers.
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