I think we made a terrible mistake in this country not many years ago under people that were in charge at the time, especially at the end of the Cold War. And that was the idea that The ability to make things no longer mattered. It didn't matter any longer where things were made. They were to be made in the most efficient place at the lowest possible cost. That meant more profits for the company, lower cost for the consumers, and that was the way the world would work. (11:44–11:50)
CLAIM
Asserts that there was a belief that manufacturing location was irrelevant, leading to policy changes.
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.
