How the MEP System Powers New York Manufacturing
Twenty five years ago, Americans watched as Japan became a formidable economic rival. As the U.S. saw its trade surpluses shrink and trade deficits grow, millions of high-skill, high-wage manufacturing jobs were lost. The pain was especially acute across the “Rust Belt”, a swath of states ranging from the northeastern U.S. to the Midwest. By the end of the 1980s, stopping the decline in U.S. manufacturing was more than just a matter of trade policy. In response, the MEP system was born.