on your program guide or c-span.org/history. an honor and pleasure to introduce the speaker tonight. john steele gordon was educated at vanderbilt university. his articles have appeared in numerous publications including forbes, national review, commentary, the new york times, the wall street journal. he s a contributing editor at american heritage and he wrote the business of america column for many years and rights that longview column for barons. he s the author of several books including hamilton s blessing, the extra ordinary life and times of our national debt, the emergence of wall street as a world power, the business of america hails from the market place, american enterprise from the selling of doing when to the breakup of at&t and an empire of wealth, the epic history of american economic power. please join me in welcoming mister gordon to the podium. [applause] good evening. i m happy and honored to be at hillsdale college once again. i m here to talk about
Trade does not erode the manufacturing sector as critics claim. Infact, trade strengthens the manufacturing sector because it expandsmarkets for U.S. goods, provides manufacturers with access tolower-priced inputs, and increases productivity.
There aren't many who long for a return to the 1970s. Those of us old enough to recall that decade tend to think of gas lines, a hostage crisis and Watergate. President Jimmy Carter never used the word "malaise," but he acted as if America was doomed to decline, and it was his job to make sure it went smoothly.