The hard truth is that manufacturers in the United States are too often at a disadvantage. Governments of other countries craft consistent policies to support their industries, and their officials stand by manufacturers as they compete around the world. In America, regulations, taxes and government mandates pile up one after another, making the country a less attractive place to do business.
In Europe, Asia and South America, policymakers think strategically about manufacturing. It is time the United States does the same.
The NAM recently released a call to action that embraces this vision—a “Manufacturing Strategy for Jobs and a Competitive America.” The Strategy proposes three goals:
- The United States will be the best country in the world to headquarter a company.
- The United States will be the best country in the world to innovate, performing the bulk of a company’s global research and development.
- The United States will be a great place to manufacture, both to meet the needs of the American market and serve as an export platform for the world.
The NAM is pleased the House of Representatives will give much-deserved attention to manufacturing in the coming weeks. The United States remains the No. 1 manufacturing economy in the world, producing 21 percent of all manufactured products. Manufacturing has also proved to be the workhorse of the current recovery, driving growth with increased exports and economic activity.
Still, as the House closes out its July by focusing on manufacturing, the NAM sends this message from our members: Every week, every day, is one in which manufacturers in the United States face unprecedented competitive challenges. A strategy for succeeding in that competitive global environment already exists. It is the “Manufacturing Strategy for Jobs and a Competitive America.”
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