Behind Trump’s Wishful Thinking on ‘Reindustrialization’: Why China Can Do It, U.S. Can’t
by Sara Flounders, published on Workers World, April 21, 2025 Sara Flounder’s brilliant and detailed analysis explains the failed tariff plan and the catastrophic condition of the U.S. economy that underlies it. [jb] In the 1950s, when Japan and much of Europe was in ruins, the U.S. accounted for 50% of the world’s global production. By the 1960s, this was[…]
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