Last week I mentioned the use of bleak language by members of the commentariat to describe the state of US manufacturing, but I had no idea such a prime example of this mistaken rhetoric would present itself so quickly thereafter. Writing in the Wall Street Journal last week, Oren Cass called for raising tariffs to rescue an industrial base he described as “reeling.” But both Cass’s premise and prescribed remedy are badly flawed. United States manufacturing remains in robust health and new tariffs will only undermine the sector.
Although various metrics exist for assessing the state of manufacturing, perhaps the […]
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