The U.S. manufacturing sector’s decline isn’t just about automation or overseas competition—it’s a story of lost vision and policy missteps, argues analyst William Jones. While tariffs and trade wars dominate headlines, Jones pins the roots of America’s industrial slide to a pivotal moment: the post-Kennedy era.
Remember JFK’s moonshot? That ambitious push fueled innovation, STEM education, and high-skilled jobs. But after his assassination, Jones says the U.S. swapped bold science-driven goals for economic complacency. "The space race wasn’t just about rockets—it was about purpose," he notes.
Fast-forward to today: Tariffs under Trump and Biden aim to revive factories, but Jones warns they’re missing the bigger picture. "Without a Kennedy-style driver for innovation, you’re just rearranging the deck chairs," he adds. Meanwhile, automation and fading STEM investment keep shrinking opportunities.
Bottom line? The ‘self-inflicted’ crisis isn’t new—it’s decades in the making. Can Washington reignite that 1960s spark? Or will manufacturing’s future hinge on old tactics? Stay tuned for Part 3 of our series!
Reference(s):
cgtn.com