Obama Hopes To Spark ‘Renaissance Of American Manufacturing’ With $500 Million Initiative

Ah yes, “government investment.”
For a mere half a billion, a mere pittance these days, manufacturers will be invited to a seat at the table with government and academics to think up ways to spend more of the taxpayers’ money to encourage them to manufacture goods for the same taxpayers to buy, if they have any money left.
And this State Planning Committee is supposed to be a new idea? Next we’ll be reading the announcement of a Great Leap Forward.

Private business creates sustaining jobs, not government. The government needs to drop the illusion that it creates jobs.

EPA and FDA new Obama imposed Regulations are costing jobs in this country.
Coal, animal feed just to name a few are being attacked by tougher and impossible regulations that our killing the industries.
Those regulations will be passed on to the consumer make no mistake about. And then the job creation they want to create always
cost the tax payer more than money it can generate. The first stimulus was a failure
and now they want to do some more.

The Hill reports: “Senior administration officials pushed back against suggestions that the federal government was picking winners, arguing that the development of the manufacturing agenda is a promotion of “innovation policy,” not so-called industrial policy. They insisted that the private sector will choose the best direction for federal spending.”
Candidate Obama:
“So, if somebody wants to build a coal plant, they can — it’s just that it will bankrupt them, because they are going to be charged a huge sum for all that greenhouse gas that’s being emitted.”
Picking winners….

Hard to compete with currency manipulators. If Obama was legit about American Manufacturing, he would have stood up to China by now….this is more political pandering here.
No different than Republican’ts pandering to the lowest common denominator..
What has Dan DiMicco been saying for the past 8 years..google that.

It seems pretty simple to me. Re-invigorate the space program. Kennedy did it and it worked. The outcome was far beyond imagination. New products, new and innovative ideas and a clear presence in space, a great achievment. Why not do it again. It will put many people to work, in most states and universities.

The problem is that while Obama may see countries like China, S. Korea, Germany, etc. as ‘competitors’, he views the American non-union workforce as ‘the enemy’.

In my preferred hobby, railway modelling, whether I buy US, UK, or Australian trains, they mostly all come from factories in China. Mainly because it’s been cheaper to manufacture there. But Chinese wages are rising, production costs are rising, too. $300 for a Chinese-made loco that was $200 8 years ago is to much, to quickly. Offer some tax incentives and let’s bring this manufacturing back to the USA. It’s only one small industry, but it’s an example of what’s going on. We need jobs. Better low paying jobs than unemployment. We need manufacturing jobs in the USA, Mr. Obama. Thanks.

You can’t solve problems by throwing money at them. It didn’t work when Bush Jr. did it at the end of 2k8, it didn’t work when Obama did it at the start of 2k9.
The primary issue is that the USA doesn’t make _anything_ anymore, other than hot air. The secondary issue is that stockholders aren’t happy with status-quo profit figures; if a company’s profits don’t grow by X%, they are black-balled and thrown to the wolves … investors pull out. There’s much more than I have space to put here. Third, the price of oil isn’t skyrocketing because of greed … the dollar isn’t worth anything anymore, and the fight against inflation has been fought by manufacturing cheaper and cheaper consumer products overseas so we can all maintain consumption rates that are ridiculous.
We’ve all been fooling ourselves, lulling ourselves into a false sense of security.

Ken Dougherty, I don’t agree that reducing taxes for companies with jobs overseas will help, they are doing it for the cheap labor.
It seems that the treaties we signed have been too one-sided and we have gotten the short end of the stick. We need to revisit them honestly and re-negotiate them.

With the evolution of technology it takes less man power to produce manufactured goods and
we need ways to offset currency manipulation, cheap labor, and produce more of Americas consumer goods.
The following report for Congress in DEC 2009 that explains that national ballast water legislation would do the same thing as tariffs by causing the price of foreign goods to rise. This would also protect our environment from the pathogenic footprint left in dirty water and air by foreign ships bringing foreign manufactured imports into our country while stealing jobs from Americans. We should be worried about foreign economic interest trashing the American environment as they deliver foreign made goods and mine our resources, before starting to worry about regulating American manufacturing pollution.
“Although estimates of the costs of ballast treatment may be imprecise and vary from vessel to vessel, there is some general agreement on average costs.14 For example, it may cost an estimated $400,000 per vessel for modification of container/bulk vessels to use onshore ballast water treatment facilities at California ports. More generally, the cost of retrofitting vessels to trea ballast water has been estimated at between $200,000 and $310,000 per vessel for mechanical treatment and around $300,000 for chemical treatment.15 Most of this expense will be borne by foreign shipping companies, as the U.S. flag fleet is a small percentage of the global fleet,16 and likely passed along to consumers of products imported on these ships”
Unfortunately because of our lack of leadership allowing the continued policy for foreign ships to pollute our waters,supplying cheap manufactured goods supplied to our largest employers, (retailers), it may create better job numbers with more low paying service jobs in an election year. Sadly the problem of ballast water is interlaced, not only with Americans health and environment, but also with large global corperations that have foreign economic interest, which promote global economic growth as the path to create American jobs and unfortunately most American politicians indorse this policy for money to run. Reality is, jobs are created where it is cheapest and easiest to ship product. To continue to insure that foreign ships bring foreign goods into our country can do it cheaply without the needed expensive technology instalation to protect our health and environment will insure continued jobs as store clerks to sell foreign products in our country as Americans largest employment oppertunity.