Posted at Hartmann Report on Jul. 20, 2025
Invest in American manufacturing: The Hidden History of the American Dream
The fastest and most enduring way to build broad, widespread prosperity (“the American Dream”) for any country is through manufacturing; it’s why the main job George Washington gave Alexander Hamilton was to figure out how to reboot and build American manufacturing (as I detail in The Hidden History of Neoliberalism: How Reaganism Gutted America).
Many products manufactured in China — including products sold into the domestic Chinese market and equipment used by the Chinese military — require parts from America. China is trying to end this reliance on us.
They’re throwing massive resources into becoming technologically independent of the United States, and it’s a safe bet that their desire to seize Taiwan the way Putin has attacked Ukraine is part of their equation.