terrible idea.
Big Business Cronyism and micro-managing from the White House is not going to work well
I must confess I am fed up with dweebs like this author who have never escaped the ivory tower to go see how the real world works.
Who is HE to tell Americans how to live their lives via the tax and "industrial policy" legislation he wishes to enact, since he is evidently more brilliant than the rest of us. I have no idea what the future holds and neither does the author -- but I would not be so arrogant as to tell Americans that they cannot buy Mexican steel 20% cheaper than what they can buy in the US just so we can keep a lousy few thousand more union jobs in Pittsburgh (or Gary IN, say).
I do know that taxes, regulation, government spending to insane levels that crowds out private investment .....and a managed US dollar that has created all kinds of errant resource flows via false interest rates -- ALL of this is what killed prosperity in this country ....NOT immigrants and free trade.
Still, the basic idea is a good one but getting our own house in order and free trade are the way to do it! NOT trying to micromanage everything from the White House!