Sunday, August 8, 2010

Democrats Focusing On Boosting Manufacturing Jobs

Washington Post (Montgomery, Dennis) reports that congressional Democrats are "shifting toward a longer-term strategy that promises to tackle persistently high unemployment by engineering a renaissance in American manufacturing." This approach, first "heralded by Obama last week in Detroit and sketched out in a memo to House Democrats as they headed home for the August break, is still evolving and so far focuses primarily on raising taxes on multinational corporations that Democrats accuse of shipping jobs overseas." "We know manufacturing produces good jobs, high-paying jobs," House Majority Leader Steny H. Hoyer said this week "as Democrats released a report showcasing small gains in manufacturing since Obama took office." The Post notes that the "Make It in America" has "won high marks from United Steelworkers President Leo Gerard. The Republican-leaning National Association of Manufacturers has been less enthusiastic, though Hoyer said he was working with NAM...to incorporate their ideas." Hat Tip: NAM

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