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I don't think this is borne out by the data on manufacturing output: https://fred.stlouisfed.org/series/OUTMS


I agree, but the current situation in the US is more nuanced than the graph suggests. A lot of the growth is driven by the energy industry, like fracking, not building products like phones, computers, clothes, furniture, etc. We import 3 tons of steel for every ton we produce. Cars we manufacture in the US are dependent on imported components.




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