Looking Backward
Looking Backward
Is This Really What the Economy Needs?

After promising to create a series of “manufacturing institutes” to bring manufacturing jobs back to America almost exactly a year ago, President Obama is finally ready to open the first one. On a visit to North Carolina this week, Obama announced to a group of college students that the first of these institutes will soon open in their state thanks to a $70 million grant from the Department of Energy and a the contributions of a number of manufacturing firms.

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