http://finance.yahoo.com/tech-ticker/u.s.-economy-%22de-evolving%22-an-industrialist%27s-plan-to-revive-american-manufacturing-416990.html?tickers=tlt,uup,TM,xli,F,%5EDJI,%5EGSPC&sec=topStories&pos=8&asset=&ccode=
Ameerica will survive if more people like Lynn Tilton will care enough to bring our foundation back.
Without it "WE" won't survive
U.S. Economy "De-evolving": An Industrialist's Plan to Revive American Manufacturing
U.S. Manufacturing grew in January at its fastest pace in more than five years. Yet, manufacturing makes up only 12% of the U.S. economy - down from its post World War II peak of 28% percent in 1953.
That lack of an industrial base has put the American economy and worker in jeopardy, says distressed investor Lynn Tilton, CEO of Patriarch Partners. "The reality is, in recent times, every great empire has been built on a manufacturing economy," notes Tilton. "The fall of every empire has been the failure to remember that one fundamental fact."
Tilton's point is simple: the country cannot thrive as simply a service-based economy. As Tilton explains to Aaron and Henry in the accompanying clip, there isn't enough demand for services and those related jobs to keep the U.S. competitive on a global scale. We should also not over look the fact some people are better at building and making things then working on spreadsheets in a cubicle.
Tilton speaks from hands-on experience, not theory. Her firm either lends to or has controlling interest in more than 70 companies with assets of over $7 billion, including Heritage Aviation, MD Helicopters, Global Automotive Systems, Vulcan Engineering and Amweld Building Products
