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Obama's rosy view of manufacturing overstates progress

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To hear President Obama tell it, the United States is enjoying a manufacturing renaissance that was largely fueled by his policies. "American manufacturing is growing at the fastest pace since the 1990s," Obama told Detroit autoworkers this week. The manufacturing sector has added nearly 500,000 jobs since the start of 2010, he noted. But analysts said the president's portrayal of an industry...

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