LETTERS: A resurgence doesn't just "happen." It takes smart manufacturing policies.
This week's TIME Magazine cover story focused on "Made in the U.S.A." Specifically, TIME reporters Bill Saporito and Rana Faroohar asked whether the U.S. manufacturing sector is indeed experiencing a "resurgence."
In response, Alliance for American Manufacturing (AAM) President Scott Paul published a letter agreeing that U.S. industry is poised to make a comeback. But as he explained, Washington needs to get behind the nation's manufacturers, and take some key steps:
The truth is that every other advanced economy in the world employs a strategy to maintain and increase their market share of manufacturing. So while America can indeed see a manufacturing resurgence, there’s much to do in order to substantially increase any rebound.
To encourage domestic manufacturing, Congress should identify and dedicate financing for a long-term infrastructure improvement program, and we should apply Buy America provisions to all federal procurement rules. The Department of Defense should award procurement contracts to firms that commit to increasing the domestic content of the military equipment they supply to the Pentagon. And we should be mindful of the hostile conditions outside our borders, too, by expanding the tools with which American manufacturers can combat intellectual property theft, currency manipulation, and barriers to market access.
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