Source: The Daily Economy
by Vance Ginn
“Manufacturing output in America is booming. According to the Federal Reserve’s Industrial Production Index, US factory output stood at 103.9 in April 2025, near its all-time high. The machines are humming. But that productivity masks two uncomfortable truths: manufacturing jobs are vanishing, and the wages in those jobs are not especially high. So why are politicians rushing to revive a labor model in retreat? The answer is simple: nostalgia sells. But sound economic policy requires more than sentiment — it requires a reality check.” (05/30/25)
https://thedailyeconomy.org/article/reviving-factory-jobs-is-an-expensive-illusion/