The largest manufacturing sector in the US is process manufacturing. Chemical is a part of that, but most of it is oil exploration, production, and refining.

Point here is that saying 17.2% of the world’s mfg is in the US is correct but misleading. People think of manufacturing as building widgets, not refining oil. And its the loss of the widget-building that’s the problem that is roiling the political landscape right now.

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Data Driven Econophile. Muslim, USA born. Been “woke” 2x: 1st, when I realized the world isn’t fair; 2nd, when I realized the “woke” people are full of shit.

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