The value of manufacturing seems to have been forgotten
2 comments December 5th, 2008
Scott Richert, editor of Chronicles Magazine, published by the Rockford Institute, has an insightful post today on the mag’s website. Comparing this recession to 1982 may not be valid, he says, because back then our manufacturing sector was able to bring us out of the depths of despair. Not so today, when manufacturing is down to 10 percent of the economy. Richert says what I also say: We create real wealth by manufacturing products, not by moving phony pieces of paper around.
