February 28, 2014: We can create 5.8 million new jobs just like that! and more ...
Well, America, if you’re reading this, you made it to Friday! Congratulations.
Actually, it felt like this week went by pretty quickly, didn’t it? It seems like with so much going on that the week just flew by. With that in mind, your friends at the Alliance for American Manufacturing (AAM) won’t eat up too much of your time with navel gazing. Let’s just dive into what happened this week and what we’re looking at in the week ahead.
On Tuesday, President Obama announced two new manufacturing hubs: one in Detroit and one in Chicago. Detroit's will focus on developing lightweight metals and alloys, and Chicago's will center on digital manufacturing processes. AAM is glad to see President Obama taking the growth of the manufacturing sector so seriously. But we’ve got some reservations about how he’s going to achieve his campaign promise of 1 million new manufacturing jobs in his second term. These hubs are a great idea, but, as AAM President Scott Paul wrote in the Huffington Post this week, they alone won’t lead to a manufacturing resurgence. President Obama needs to develop a manufacturing strategy that addresses innovation/R&D, trade, infrastructure, and Buy America provisions, among other components. Check out Paul’s HuffPo op-ed for more details on how that can happen.
Wednesday held some pretty big news. Actually really really big news. HUGE news!
The United States could create up to 5.8 million jobs within 3 years if it acted to end currency manipulation. http://t.co/5sVK09yGZg— Economic Policy Inst (@EconomicPolicy) February 26, 2014
That’s right: Through one action, which, we might add, does not cost the taxpayer a dime, Congress or President Obama could single-handedly begin bringing jobs back home.
AAM was so excited about this news that our president Scott Paul hosted a call with Senator Sherrod Brown (D-OH) and Representative Sandy Levin (D-MI) – along with report author, Economic Policy Institute economist Rob Scott – to discuss the findings. You can listen to that call in its entirety or read our summary, but suffice it to say there was a lot of enthusiasm. So much so that Senator Brown even dropped a House of Cards reference. That’s how you know things are serious! (READ the report in its entirety here.)
So we've covered a lot so far. Are you still with us? We hope so, because … there’s more!
President Obama spent some time in St. Paul, Minnesota this week to talk about his plans for a federal transportation bill. The president stated, “[other countries are] trying to out-build us today so they can out-compete us tomorrow.” We agree with him there, but we know what you’re thinking: Good luck getting anything through this Congress! Still, as mentioned above, Scott Paul has some ideas on how we can get the ball rolling in a positive direction.
Okay, so that’s the week that was … Now what’s coming up next?
For starters, how about the Oscars? While everyone’s debating Best Picture (Dallas Buyers Club? American Hustle? 12 Years a Slave?) what we want to know is how you think the award for Best Documentary (feature) will swing this weekend. The Academy could go with the story with domestic political implications (Dirty Wars), global political implications (The Act of Killing), or just go for fun (20 Feet from Stardom). We’re sure you’ll be debating this up until show time Sunday evening, but let us know your thoughts in the comments or on Twitter. AAM will have some fun coverage on our blog and across our social networks! Stay tuned.
Final note: AAM is on LinkedIn. We just started posting this week, so please be patient with us as we adjust to the platform, but we hope that you’ll follow us over there!
Have a great weekend, America, you’ve certainly earned it!
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