And so today, what you find is because of all those years of neglect, because of the loss of industrial capacity, we didn't just undermine our society, we didn't just undermine our domestic economy. We've undermined our position in the world. And what you will find, and what we find even now, is that increasingly on geopolitical issue after geopolitical issue, it is access to raw material and industrial capacity. (12:20–12:23)
CLAIM
Asserts that loss of industrial capacity weakened the U.S. global standing.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.