This is CBS I On The World.

Here's John Batchler.

Daniel Henigur writes the Wonderland column for the Wall Street Journal of

Ditorial Board Deputy Editor.

And I quote from Dan's column, quoting Jake Sullivan, the National Security Advisor,

about the thinking of the Biden administration going forward to make America a success.

America, Mr. Sullivan, remarks, needs a deliberate hands-on investment strategy to pull forward

innovation, drive down costs, and create good jobs.

He adds, I'm following Dan's reporting, a modern American industrial strategy identifies

specific sectors that are foundational to economic growth, strategic from a national security

perspective, and where private industry on its own isn't poised to make the investments

needed to secure our national ambitions.

And quote, Dan, a very good evening to you.

I had not read this speech.

I thank you for quoting this.

Your measure of this speech is alarming.

What does it represent, Dan, to your understanding?

Good evening to you.

Hello, John.

Well, it represents a modern progressive democratic thinking about the shape of the political

economy of the United States.

And I think, well, they, by their own admission, Jake Sullivan calls it a modern American industrial

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