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Thursday, November 12, 2020

The Motives, Measures and Influence of the US Reshaping Manufacturing Industry_ Crimson Publishers

 The Motives, Measures and Influence of the US Reshaping Manufacturing Industry by Qingxin lan* in COJ Reviews & Research_ COJ Reviews & Research

 

Abstract
Economic confidence has been declined and the social contract has been completely reshaped. After the financial crisis, the US GDP growth rate did not rebound sharply. It only maintained a growth rate of around 2%. The average real income of American households did not return to pre-crisis levels until 2015. The existing development model faces reshaping. The government’s rigid spending pressure pushes the redistribution of wealth to speed up, and the policy direction of competing for demand inhibits global trade development. The relationship between the government and wealth has undergone fundamental changes. Large amounts of money have been eliminated, debts have gradually disappeared, and asset competition in offshore markets has intensified. The rise of American manufacturing culture. Non-black and white is the main connotation of American manufacturing culture. This simple and direct culture is prone to conflicts, leading to rising demand for absolute authority and increased risk of misleading information. The decline of the middle class is the soil for the manufacturing culture. The white death rate of 50-55 years old is 4 times that of Hispanics and twice that of black people.

https://crimsonpublishers.com/cojrr/fulltext/COJRR.000535.php

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