From the Washington Post's "The Daily 202"
THE BIG IDEA: Sen. Gary Peters (D-Mich.) says the decline in American manufacturing is as much a failure of public policy as anything else.
“Jump-Starting America,” a book published in April by Jonathan Gruber and Simon Johnson, compares the 10 metropolitan areas with the highest average earnings in 2016 to 1980. Back then, five of the top 10 were in Michigan: Flint, Detroit-Warren-Dearborn, Midland, Saginaw and Monroe. None of those places make the list anymore.
“In the years since 1980, our country’s economic policy priorities have shifted to other industries like technology and health care,” said Peters, 60. “As a result of this shift, communities like Flint and Detroit have seen their economic opportunity decline while regions like Silicon Valley and Boston have prospered.”
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