Detailed text transcripts for TV channel - CNN - 20190131:06:56:00
Factories in america. >> sounds good. facts first. the glory days of manufacturing here were in the late '70s. 20 million workers -- that's 25% of the working population then -- earned their paycheck from factory work. it's been a fairly steady decline ever since. today only 12.8 million workers are in the industry. that's about 8.5% of that population. our manufacturing output is still huge compared to the rest of the world, but we're not number one anymore. the key question is why. and the answer is not because the u.s. quit on manufacturing or on workers or that companies simply ran away as...