In this episode of U.S. Manufacturing Today, hosted by Veryable, the focus is on American industry and its critical role in national independence and economic self-determination. The guest, John Gardner, author of 'Manufacture Local' and a seasoned professional in precision machining, discusses the historical significance of localized production in the US and its implications today. Highlights include the socio-economic impact of outsourcing, the importance of manufacturing for national security, and the need for a reformed tariff policy. Gardner criticizes economists like Milton Friedman for their detrimental free trade policies and advocates for a return to the founding fathers' vision of financing the government through tariffs rather than income taxes. Key historical insights and modern policy recommendations are discussed, offering listeners a comprehensive look at the necessity and benefits of revitalizing American manufacturing.
Timestamps
00:00 Introduction to US Manufacturing Today
00:15 Meet John Gardner: Author of 'Manufacture Local'
00:43 The Historical Context of American Manufacturing
01:52 John Gardner's Personal Journey in Manufacturing
04:44 Challenges and Realities of Modern Manufacturing
06:08 The Impact of Policies on Manufacturing
08:30 The Importance of Manufacturing for National Sovereignty
15:01 Current State of US Manufacturing
16:52 Tariffs and Industrial Policy
22:57 The Importance of Manufacturing Independence
23:35 World War II: A Manufacturing Miracle
24:39 Challenges in Modern Manufacturing
27:23 The Ideological Shift: Milton Friedman and Free Trade
32:01 The Case for Tariffs and Economic Security
33:21 Historical Context of Tariffs in the U.S.
38:48 The External Revenue Service: A New Vision
45:30 Conclusion and Future Directions
Links
Manufacture Local (Amazon)
John Gardner
Navigating Trump 2.0
Revitalizing US Manufacturing
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