At the end of World War II, America had become the world’s leading manufacturing powerhouse, accountable for 50 percent of the world’s industrial production. Now, the U.S. produces only a fifth of the global manufacturing output. The manufacturing sector can spark an economic recovery by restoring the confidence of the American people in their economic future and the country. America needs to return to its manufacturing roots to revive a growing middle class with high-paying jobs making the “American Dream” a reality, again!
The American economy is experiencing the slowest post-recession recovery in 70 years, as reported by The Heritage Foundation. The unemployment rate for teenagers remained very high at 15.2 percent with over 95 million working age adults not working or even looking for a job at the end of November 2016 (as reported by the Labor Department). In an era in which education and innovation has never been more important for economic prosperity and success, the U.S. has fallen behind many other nations in educational and economic attainment and achievement.