The Decline of American Industry

This chapter examines the decline of the U.S. industrial base and its broader economic ramifications, contrasting it with the industrial resilience of Russia and China. It critiques current economic policies, particularly those under the Biden administration, and their impact on vulnerable demographics like young Hispanic and African-American men. The discussion further explores labor market trends, inflation, and the complexities of tariff policies, highlighting the challenges of accurately assessing economic health and industrial policy effectiveness.