Sunday, September 10, 2023

Opinion | The American Renaissance Is Already at Hand - The New York Times

As the Chinese economy deflates, American industry is looking less hollow. America has had a net gain of 530,000 manufacturing jobs since January 2017. The manufacturing boom has been torrid of late. Since late 2021, investment in the construction of manufacturing facilities has more than doubled. 

Much of that boom is happening in the Mountain West, the Upper Midwest and parts of the Southeast. Chips, electric vehicles, renewable energy sources and batteries are being manufactured in places like Michigan, Kentucky, Minnesota and Arizona…

…The second lesson I draw is that Bidenomics is working — big time. President Biden promised to help America outcompete authoritarian China and to heal some of the economic divides at home. Both those goals are being achieved…

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