An new article in the Washington Post highlights the fight for manufacturing jobs being waged by foreign countries will ing to invest in manufacturing companies for the purpose of job creation. With traditional manufacturing jobs disappearing to offshore, near shore and other outsourcing models, the fight to retain US Manufacturing competitiveness is tougher than ever.
While China and Mexico are willing to offer cash incentives to attract companies, the best incentives the US seems to be able to offer are secured loans that are available as long as the company has sufficient collateral. This will rarely be the case in a new and growing company. It’s time that the government levels the playing field for all manufacturing companies, not just subsidies to money losing entities like the airlines and auto makers. Where are the incentives for growing companies that can create real US jobs? It’s time Washington looks at the fight we are in to maintain the country as a cornerstone of manufacturing. It’s time to mobilize manufacturing as a political force with the ability to create the jobs lost over the last decade. Let your congressman know how you feel.
