Abstract

COJ Reviews & Research

The Motives, Measures and Influence of the US Reshaping Manufacturing Industry

Submission: October 24, 2019; Published: October 30, 2019/p>

DOI: 10.31031/COJRR.2019.02.000535

ISSN: 2639-0590
Volume2 Issue2

Abstract

Economic confidence has been declined and the social contract has been completely reshaped. After the financial crisis, the US GDP growth rate did not rebound sharply. It only maintained a growth rate of around 2%. The average real income of American households did not return to pre-crisis levels until 2015 . The existing development model faces reshaping. The government’s rigid spending pressure pushes the redistribution of wealth to speed up, and the policy direction of competing for demand inhibits global trade development. The relationship between the government and wealth has undergone fundamental changes. Large amounts of money have been eliminated, debts have gradually disappeared, and asset competition in offshore markets has intensified

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