The decline in manufacturing is real. It is a recent issue with the National Security Oversight Committee in which the decline in manufacturing capability is addressed as a matter of national defense.
Information here
Hearing on Made in the USA: Manufacturing Policy, the Defense Industrial Base, and National Security
Question to all :
Play the game with me for a min.
If we could back Step in a time machine .
1942 Pearl Harbor .. we Declare War on Japan ... then Germany .
With the industrial base of 2010 and the manufacturing technology of 2010 .. not the military tech but the manufacturing technology 2010 .
Could we produce enough to win WW2 ?
Bearing in mind that one of the reasons that we won was the ability to out produce the enemy in numbers of equipment .
Thanks
Duncan