Inflation will soar if US doesn't re-industrialize

[Mik]

Or so says this guy.

https://www.msn.com/en-us/money/markets/us-inflation-will-soar-if-america-doesn-t-undergo-reindustrialization-investment-manager-says/ar-BB1lYudS?ocid=msedgntp&pc=LCTS&cvid=094de465426e496d940052f237750f75&ei=26

[jon-nyc]

Bernstein has been calling for a reindustrialization of the US economy over the past decade. In 2012, he published a whitepaper calling for an "industrial renaissance," which would take US manufacturing back to levels recorded in the 50s and 60s.

I’m always a little wary when the prescription stays the same even while the diagnosis changes over time.

[Doctor Phibes]

They don't just need to manufacture, they need to make it competitive, which is easier said than done. There's a reason everything went offshore.

[Horace]

I would always look askance at the creation of jobs which, when I was a teenager, made me consider whether I would actually rather commit suicide than devote my life to.