The Biden Effect on Manufacturing

Manufacturing PMI, which measures the broad health of American manufacturing, has been dropping since March of 2021. In fact, it's at the lowest level since just before the 2008 crisis. Most of the new factories are taxpayers subsidized, especially in green energy including many owned by foreign companies from above all China. So while a private sector factory is indeed a wonderful thing, government factories aren't measuring prosperity to come. They are measuring taxpayer fleecings to come.