American manufacturing is on life support--at least, that's what
most people think. The exodus of jobs to China and other foreign
markets is irreversible, and anything that is built here requires
specialized skills the average worker couldn't hope to gain. Not
so, says Dan DiMicco, chairman and former CEO of Nucor, America's
largest steel company. He not only revived a major US manufacturing
firm during a recession, but helped galvanize the flagging domestic
steel industry when many of his competitors were in bankruptcy or
headed overseas. In American Made, he takes to task the
politicians, academics, and political pundits who, he contends, are
exacerbating fears and avoiding simple solutions for the sake of
nothing more than their own careers, and contrasts them with the
postwar leaders who rebuilt Europe and Japan, put a man on the
moon, and kept communism at bay. We need leaders of such resolve
today, he argues, who can tackle a broken job-creation engine by
restoring manufacturing to its central role in the U.S.
economy--and cease creating fictitious service businesses where
jobs evaporate after a year or two, as in a Ponzi scheme. With his
trademark bluntness, DiMicco tackles the false promise of green
jobs and the hidden costs of outsourcing. Along the way, he shares
the lessons he's learned about good leadership, crisis management,
and the true meaning of innovation, and maps the road back to
robust economic growth, middle-class prosperity, and American
competitiveness.
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