Report Urges US Investment in Manufacturing

A new report urges the United States invest in emerging manufacturing technologies, saying the private sector can’t preserve US manufacturing by itself.

“Market forces alone are unlikely to achieve the needed change,” according to report by a group called MForesight. “They have not so far….Only government can overcome this market failure to ensure that the United States remains globally competitive.”

The report, titled Manufacturing Prosperity, essentially attempts to revive a 1980s political debate whether the US should have an industrial policy.

More from MInsight>>