Let America Be America Again: Manufacturing Edition

Best news I've heard all month. Clyde Prestowitz on this evening's Newshour with Jim Lehrer:

We're in a crisis right now. And it's painful, and it's going to get more painful. But the good news is that, at least for the United States, we're going to have a manufacturing renaissance.

Jobs in production are going to come back to the U.S. because the only way for the U.S. to achieve sustainable, long-term growth is for the U.S. to produce more here, export more, relatively, while Asia imports more relatively. So I see this as the beginning of a long-needed shift in the base of the U.S. economy.