America Doesn’t Have an Industrial Policy

Americans’ health and safety are at stake and now is the time to consider a national industrial policy to support the needs of our citizens.

China has the “Made in China 2025” industrial policy aimed at supporting the development of advanced manufacturing technologies. Germany’s industrial policy aims for comparative advantage in the production of high-quality, internationally competitive manufactured goods. Japan’s industrial policy was devised after WWII to promote industrial development by cooperating closely with private firms. Mexico’s industrial policy objective is to liberalize the industrial sector to increase industrial productivity and competitiveness.

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