Calls in D.C. for Government Lending to Boost U.S. Manufacturing

This week, an article in The Atlantic magazine made a case for more federal financial support of American manufacturing. According to author Robinson Meyer, while the U.S. “lavishly supports” new technologies in the research stage and decades away from reaching a market, the financial system has in recent decades failed to support those same technologies when they are on the verge of commercialization and ready for mass production.

Meyer says there’s growing support on Capitol Hill for an Industrial Finance Corporation that would help fund high-tech manufacturing nationwide. 8/18/2021