I work in the manufacturing industry. So seeing information like this reminds me that we are not in normal times. And, that it might take a bit longer than people expect to recover. Turning manufacturing back on is not like flipping a switch.
Moorewr’s friend JB asked about manufacturing data. Here’s a pretty graph of US manufacturing output.
Does America Need to Make Things?
“America has to start making things or the economy won’t work. He argues you don’t have a country with just a service economy to support it.”
“ We went from a country that used to be merchants, craftspeople, manufacturers, to clerks and cashiers. We have to bring manufacturing back to America. ”
Gerald Celente, head of the Trends Research Institute, quoted by Daniel Tencer in Economic forecaster: ‘Greatest Depression’ coming | Raw Story (via quotingthecrisis)
