I don't know about that. I think his goal is to shift us more toward a production based economy. The anti-progressives that have taken over the democratic party aren't going to like that.
how exactly would Gary Johnson take the US economy back to the early 70's? one person can't reverse 30 years of neo-liberal economic policy that started in the mid 70's. the Trilateral Commission and US policy are the epicenter of neo-liberalism in the world.
offshoring since NAFTA has cost the US about 5m manufacturing jobs which is about the same as the total employment by the defense industry and 6x more than the job loss from the EU 15 at around 850K. still only 5-6m out of a total workforce of 150-160M a tad over 3%. some of those would have been lost due to technology, etc.
there are no magic beans to fix the US economy there are many, many problems which have existed for decades. and the negative effects of various policy and actual natural changes in the markets and progression of capitalism in the US only makes matters worst with time. the federal government serves the markets not the other way around. there's a reason why small country's don't have many large firms, big gov and big business go hand-n-hand.
economists have predicted that in the next 20 years all of the wage increases made since 1979 by non-college educated workers with out 4 year degrees will have been erased.
Wage Statistics for 2010
Wage Statistics for 2010
"The "raw" average wage, computed as net compensation divided by the number of wage earners, is $6,009,831,055,912.11 divided by 150,398,796, or $39,959.30. Based on data in the table below, about 66.2 percent of wage earners had net compensation less than or equal to the $39,959.30 raw average wage. By definition,
50 percent of wage earners had net compensation less than or equal to the median wage, which is estimated to be $26,363.55 for 2010."
once adjusted for inflation $26k has the same buying power as $14k in 1990's dollars. then factor in that a good 20% of the US workforce is underemployed and almost 45% of the total US workforce only works part-time.