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If you want to believe America is still the "arsenal of democracy" that Franklin Roosevelt described in 1940, you might want to avoid looking too closely at the U.S. manufacturing sector. China has become the world's premier industrial power, greatly out-producing the United States in everything from steel to smartphones. Germany's machine-tool industry outshines our own. No U.S. shipyard has built a commercial ship destined for international commerce in decades.
The economic consequences of America's manufacturing decline have been widely reported. What gets less attention is how industrial decay might impact national defense. Nobody really knows how a future great-power conflict might unfold, but Washington could be forced to use nuclear weapons to avert defeat if it can't mobilize quickly for conventional combat. President Trump is the first chief executive since the Cold War ended who seems to grasp what a waning industrial base might one day mean for our security.
On Thursday of this week, I toured the last remaining tank plant in America, located in Lima, Ohio. General Dynamics, a donor to my think tank and consulting client, flew me there to see where it assembles the latest version of the Army's M1A2 main battle tank. The cavernous facility contains 1.6 million square feet of manufacturing space. The Trump administration is investing a boatload of money in modernizing the facility, but it's clear the place was neglected for a long time after Washington declared victory over communism.