Ford cars roll off the assembly line in Flat Rock, Mich., in 2015. (Reuters photo: Rebecca Cook) Jobs are a means, not an end.
Funny thing about American manufacturing: The good news about what’s happening at American factories often sounds like bad news to politicians.
American factories are one of the wonders of the world, and, in spite of what President Donald Trump, Senator Bernie Sanders, and other lightly informed populists claim, they are humming. U.S. manufacturing output is about 68 percent higher today in real terms (meaning inflation-adjusted terms) than it was before NAFTA was enacted; manufacturing output […]
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