"The manufacturing revival that President Barack Obama spoke in depth about
during his 2012 State of the Union address was a 'mirage'."... as
this article mentioned.And as this article also points out, over
40,000 USA manufacturing jobs have been lost in the past 2 years just to South
Korea alone. Since Obama took office, literally millions of manufacturing jobs
have been lost to other countries.It should be obvious by now that
higher taxes on businesses (America now has the highest business taxes in the
world) kills our national business climate and causes business owners to move
their plants overseas. It's not rocket science to discover that businesses
go where they can make the most money. More red-tape and higher taxes are now
making that harder to do in America.For the last 5 years in
particular, there has been a leaning in America toward more socialism and less
capitalism. That directly destroys individual and collective incentive. And now
reports like this one are showing us the results. Redistribution of
wealth (what socialism and the democrat platform is all about) will only keep
making things worse.
Just saw an ABC News report last night that the growing CONSUMER push for
"Made in America" is encouraging companies to bring their manufacturing
home -- and Apple (infamous for its Foxcomm factories sporting suicide nets to
prevent their Chinese workers from trying to kill themselves over making iPads)
has two large factors in Texas and Arizona where it is making the latest Mac and
some other secret glass for its next generation products. Earlier,
I read that Walmart is also promoting "Made in America" -- and that
buying American is saving money because of shipping costs from Asia to America.
That literally paying local labor costs is less expensive than shipping
cheaper-labor Asian products half way around the world to America.Here in Cache Valley, Lin (socks manufacturer) is expanding local production
so that seasonal apparel goods can get on retailer shelves faster.Energy costs for shipping and citizen demands for "Made in America"
are encouraging companies to push for domestic manufacturing.
Wow! And Romney was criticized for wanting to lower business taxes. For
encouraging manufacturers back to our country.Seems health care, gay
marriage, campaign fund raisers,golfing, and Hawaiian vacations are more
* Why are we importing apples, and fish products from China?* Why are we
importing oil when we have more than we need here?Hows those free
trade agreements working out?