Martin Bally, senior fellow for Economic Studies at the Brookings Institution, is not optimistic about the manufacturing sector in the US. Even if trade imbalances are dealt with--unlikely, Bally says--the odds of adding enough jobs in manufacturing to directly cut unemployment significantly are not good. But Bally points out that there are overall economic benefits to strengthening the sector, so he argues that we need a comprehensive strategy to firm up the sector. And that starts with improving the quality of the workforce. Bally discusses the state of manufacturing in this @Brookings interview:
Posted
11-07-2011 8:12 AM
by
Graham Griffith