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.
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