You can get an idea from the first 2 min ^^
But I was thinking... Military healthcare and education and other programs are great. Their industrial policy is great.
Doe's America as a whole need to modeled this way to encourage growth? Trickle down and Big Business tax cuts don't seem to be working.
NIP proponents generally believe that government should be directly involved in establishing national industrial goals and in assuring that the goals are achieved. Some early proponents (John Kenneth Galbraith, for example) would have had government extensively plan major sectors of the economy, dubbed the "new industrial state," if not the entire national economy. Galbraith would have had the federal government decide the industrial structure, redistribute resources and output, and reallocate income from one region of the country to another and from one income class to another. More recent NIP proponents (including Felix Rohatyn, a New York investment banker; Lester Thurow; and Robert Reich) have been more moderate. They presented less ambitious policy programs but still wanted the government to determine which industries were most likely to be competitive in the future global economy and to contribute to improved economic opportunities for workers. Government would then determine if and how the identified industries should be aided. Specifically, most modern NIP advocates pressed for some of the following: http://www.econlib.org/library/Enc1/IndustrialPolicy.html