The Hill & Valley Forum Podcast
Senator Todd Young, Ohalo CEO David Friedberg, and Shaun Maguire | Made in America Again: A New Era of Industrial Strength
May 3, 2025
In this engaging discussion, Senator Todd Young, a champion for industrial policy, teams up with David Friedberg, CEO of Ohalo and an expert in bio and agriculture. They delve into America's critical energy gap with China and the urgent need for educational reform focusing on vocational training. The panel emphasizes the importance of reshoring technology and strategic investments in automation to rebuild manufacturing. They also highlight the necessity of embracing higher risk tolerance for innovation and combatting bureaucratic hurdles to enhance American progress.
28:28
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Quick takeaways
- The panel emphasizes the urgent need for the U.S. to rebuild its industrial capacity amidst a significant energy gap compared to China.
- There is a critical call for educational reform focused on vocational training to better align workforce skills with modern industrial requirements.
Deep dives
China's Energy Advantage
China's electricity production capacity far exceeds that of the United States, currently standing at about three terawatts compared to one terawatt for the U.S. Within the next 15 years, projections indicate that China will expand its capacity to eight terawatts while the U.S. will only increase to two. This stark contrast highlights an energy gap that poses significant challenges for U.S. competitiveness, particularly in manufacturing. The cost of electricity production in China is notably lower, often at less than five cents per kilowatt hour, compared to the U.S. cost of around 15 cents, emphasizing the urgent need for the U.S. to reevaluate its energy policies and infrastructure development strategies.
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