-- America makes things that other countries can't. Today, "Made in USA" is more likely to be stamped on heavy equipment or the circuits that go inside other products than the TVs, toys, clothes and other items found on store shelves.Interesting, considering the economic downturn...
-- U.S. companies have shifted toward high-end manufacturing as the production of low-value goods moves overseas. This has resulted in lower prices for shoppers and higher profits for companies.
-- When demand slumps, all types of manufacturing jobs are lost. Some higher-end jobs -- but not all -- return with good times. Workers who make goods more cheaply produced overseas suffer.
On a similar economic note, I found Obama's remarks on the signing of the stimulus package to be pretty inspiring.
For our American story is not -- and has never been -- about things coming easy. It's about rising to the moment when the moment is hard, converting crisis into opportunity and seeing to it that we emerge from whatever trials we face stronger than we were before. It's about rejecting the notion that our fate is somehow written for us, and instead laying claim to a destiny of our own making.
