Following the loss of 5 million U.S. industrial jobs from 2000 through 2017, Joel Kotkin in Spiked writes of the growing consensus – alone among Western countries, and despite the U.S. left’s hatred of Donald Trump – to revive America’s industries by “reshoring” manufacturing. Today, writes Kotkin, even some of the famously globalist “tech bros” are opening new facilities back home to manufacture tangible, advanced products. One sign of success: China is measurably bleeding in its manufacturing output.
Javier Milei Makes Fools of the “Experts”
As it began looking like Javier Milei might actually be elected President of Argentina, more than 100 leading international economists warned that this “far-right” political “wrecking ball” would “cause ‘devastation,’ spike inflation, expand poverty, and unemployment.” But as David Harsanyi relates in the Washington Examiner, Milei has tamed inflation, balanced the budget, shrunk the bureaucracy, deregulated the economy, driven down poverty and repaid billions in U.S. loans. And now, Harsanyi notes, Argentina is starting to boom.
