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Vaclav Smil

“despite the decline in consumer spending brought on by the greatest economic downturn since World War II, the difference between jobs in manufacturing and in retail had reached nearly three million workers, a depressing reality of a failing economy where most new opportunities were low-paid, part-time positions to sell Chinese apparel and electronics bought on credit.”

Vaclav Smil, Made in the USA: The Rise and Retreat of American Manufacturing
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