[Bob J]

Some will characterize this as America falling behind while others, correctly, will bill it as the rest of the world catching up.

[templar]

Some will characterize this as America falling behind while others, correctly, will bill it as the rest of the world catching up

The balance of trade deficit? Hardly.

[FreedomPoster]

>>Some will characterize this as America falling behind while others, correctly, will bill it as the rest of the world catching up.

Thank you!

This stood out:

>>--America’s share of world manufacturing has fallen from 60 percent in 1950 to less than 25 percent today.

In 1950, much of the world was still removing rubble and rebuilding from WWII. And much was behind the Iron and Bamboo Curtains.