In the last decade, the United States lost 5.5 million manufacturing jobs and 75,000 factories. At this perilous time in our economic history, policymakers must recognize that MEP can play a critical role in getting moretech-intensive activities in the U.S. manufacturing sector that will benefit so many workers and consumers alike. Communications Director Steve Norton reflects on the clear need to revitalize U.S. manufacturing with a coherent national strategy that harnesses national labs, private sector innovators and government.
Import Money – Export Goods
The June 2011 job creation figures were disappointing at best and also underscore the failure of the American economy to create decent jobs. In a New America Foundation article, Rob Atkinson proposes spurring good job creation with a tax holiday to bring overseas profits of U.S. back into the United States, a manufacturing strategy aimed at increasing exports and overcoming the stubborn theology that prays at the altar of the strong dollar.
Consolidating the Multitude of Reports Calling for Boosting U.S. Manufacturing Competitiveness
A groundswell of policy papers have called for the creation of a national manufacturing strategy to bolster U.S. manufacturing competitiveness. These reports contain a number of thoughtful and innovative policy proposals to revitalize American manufacturing. ITIF takes this opportunity to consolidate all these reports in one single location for easy access by policymakers, executives, and the public at large.