Friday, September 24, 2010

Manufacturing’s decline threatens national security, House panel hears

US can't produce enough ammo to supply police, troops: expert

The hollowing-out of the US's industrial base means the country is risking its national security by being dependent on foreign contractors, experts told a congressional panel Wednesday.

The House National Security Oversight Subcommittee heard from a number of economists and labor leaders who argued that the long, slow erosion of American manufacturing has led to the US losing its edge in numerous industries that are vital to national security...

[Full Article]