MSNBC Craig Melvin Reports January 21, 2022 16:33:00
America and had about 40% of global production. since then american manufacturing is the back boeb of our economy got hallowed out. companies moved things overseas especially from the industrial midwest. we used to invest 2% of our gross domestic product in research and development. we invested 2% decades ago of our gross domestic product in pure research and development. today it's less than 1%. we were ranked number one in the world in rnd. guess what. we now rank number nine. r&d. china was number eight in the world three decades ago. now they're number two. other countries are closing in f...
Source: archive.org