The Hill News

The warning signs are clear: without intervention and investment, the American manufacturing industry is in danger of extinction.

The United States used to be a country that made things: for over a hundred years, our economy was driven by the production of high-quality goods by American workers in American factories. And as Arianna Huffington has often commented, we are now a country that makes things up: speculation in collateralized debt obligations and mortgage-backed securities nearly led to the collapse of our economy in 2008.

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