Can manufacturing turn around middle-class fortunes?

08/21/2013 | CNNMoney/Fortune

The trade deficit in manufactured goods for the first half of the year narrowed to $225 billion from $227 billion a year ago, according to MAPI. That is a good sign, despite the small size of the change. However, this writer looks at a range of evidence that leads to the conclusion that a manufacturing comeback will not reverse the declining fortunes of the middle class, in large part because pay will remain stagnant.

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