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Jamieson Greer: “By 1913, US per capita industrial output was the greatest in…”

Featuring: Jamieson Greer, U.S. Trade Representative | National

From Hamilton to Today: Trade and U.S. Economic Strategy with Ambassador Jamieson Greer

Published January 20, 2026 | Video Starts at 09:45

America raised its tariffs on the world and economic development surged even faster. And by 1913, US per capita. Am I in the right one? Yeah, There we go. By 1913, US per capita industrial output was the greatest in the world, 10% greater than that of the UK. and 600% larger than it was in 1860. According to one study, American industrial production soared by over 1000% between 1860 and 1910. However, this growth did come with a negative side effect. (09:45–09:55)

CLAIM

Asserts that by 1913, US industrial output per capita surpassed the UK by 10%.

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.

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Jamieson Greer

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“American per capita industrial output increased 525% from 1750 to 1860.”
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“American industrial production soared by over 1000% between 1860 and 1910.”
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“Lyndon Johnson imposed 25% tariffs on pickup trucks that we still have to this day.”
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“President Nixon put a 10% global tariff on the world in 1971.”
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“We reduced that trade deficit with China by about 25% last year.”
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“Over the past year, there have been 650,000 jobs created. And they're all in the private sector and they're all to Americans.”
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“We're now down to 2.7 [percent inflation].”
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“Real wages went down by $3,000 over [the Biden] administration. We're already up $1,300.”
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“We're pumping more oil than we ever have and the price of gas is down lower than it's been since 2019.”
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“Smoot Hawley ended up raising the average tariff rate from 40 to 46%.”
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“The American system had become in some ways a global economic system, shaping the structures of economies far beyond our borders.”
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