Tuesday, December 23, 2025

Because we can't build them ourselves

 

 
Manufacturing capacity utilization was down in November, a pale reflection of its former self before globalization.
 
Same with manufacturing employment.
 
Manufacturing production was barely up in November and is effectively flat since the Great Recession, before which it was still rising.
 
Trump stupidly thinks tariffs can reverse all this, when you're supposed to use tariffs to protect what you have, not what you don't.