Why can't America build anymore? Is this a cultural problem, or a failure of public policy?
Healthcare, rail, aircraft, automobiles, shipping, pharmaceuticals, and now semiconductors. We can't make any of these things at scale anymore.
They turned GE into a financial institution. They sold Bell Labs off in pieces. Boeing can't safely update 1990s vintage air frames to accommodate modern engines. And yet, the market is on a tear. This is not sustainable.
Healthcare, rail, aircraft, automobiles, shipping, pharmaceuticals, and now semiconductors. We can't make any of these things at scale anymore.
They turned GE into a financial institution. They sold Bell Labs off in pieces. Boeing can't safely update 1990s vintage air frames to accommodate modern engines. And yet, the market is on a tear. This is not sustainable.