Publisher's Synopsis
Some of the experts claim that America manufacturing has lost its competitive edge. They believe the U.S. cannot compete with other countries that have less expensive labor rates. They claim the industry is reaching a point of obsolescence and fading into the horizon, just like the horse and buggy did. They also believe that eventually the number of manufacturing workers will shrink to less than 2% of the total workforce, similar to the transformation that occurred when the agricultural industry dissipated during the years of the Industrial Revolution. And still others state that manufacturing will never regain the glory days it enjoyed for 35 years following the Second World War.
