President Obama creates new Manufacturing Policy office
Manufacturing matters. In the U.S., manufacturing generates about $1.6 trillion, or 12 percent of the nation's Gross Domestic Product and supports almost 20 million high-paying jobs.
Manufacturing jobs pay well and support a number of related jobs throughout the overall economy. So, the key for America as a nation is to revitalize its manufacturing base by implementing important steps toward a national manufacturing strategy.
President Obama may have taken a concrete step in this direction yesterday by creating a new Office of Manufacturing Policy.
One of the two co-chairs will be Commerce Secretary John Bryson, giving the position cabinet-level influence for the first time. His co-chair will be National Economic Council Director Gene Sperling.
This is a positive deveopment, and what the new Manufacturing Office needs to do is start working off of the Alliance's for American Manufacturing's (AAM) plan to revitalize U.S. manufacturing.
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