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Originally published at Colonel (Ret.) John Mills on Substack.
The tangible manifestation of re-industrialization in America means steel (and concrete). Concrete for the foundation and steel for the structures, buildings, and fabrication of components and products.
If steel is not being made, re-industrialization is just a buzzword.
America used to lead the world in steel production. It is one of the core reasons the U.S. won World War II.
And then we forgot about it and the Titans of Globalization played wage arbitration and sent steel production overseas. This started the deforestation of American manufacturing.
Those days are over and the growing investments in manufacturing are creating the most powerful coiled spring in human history which is unleashing the largest economy in the world. This incredible force is taking the mighty U.S. Gross Domestic Product to even higher levels - leaving all others in the dust.
Re-industrialization is as much a psychology, attitude, and feeling.
The U.S. was the larger maker of things in the world, and then Globalism robbed the U.S. of this economic sector and spirit.
The spirit and economic sector of making things is roaring back to life.
Steel needs Iron Ore. The largest Iron Ore deposit in the world is right next door in Minnesota.
I’m not tired of winning yet.
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