Why Doesn't the U.S. Have an Industrial Policy?
Dave Johnson at Campaign for America's Future asks why the U.S. can't get its act together and formulate a cohesive industrial strategy:
Most countries have industrial plans. The United States does not. Other countries look at the overall, longer-term picture, seeing themselves as a country of people with common economic interests. We do not. Other countries understand that attracting industries to their country is good for their people in the long term. We do not. They line all the ducks up, from education policies to local infrastructure, to supply chains, to regulatory environments to trade strategies, and use those as a package to lure entire industries. We do not, and that’s why we are losing out.
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