Obama: Domestic Manufacturing Key To Economic Future
President Obama spoke in favor of strengthening the domestic manufacturing economy recently during remarks at a Boeing production facility in Everett, Wash.
“If we want to build an economy that lasts, that is strong, that has a strong foundation, that helps families get into the middle class and stay in the middle class, we've got to do everything we can to strengthen American manufacturing,” Obama said. “We've got to make sure we're making it easier for companies like Boeing to create jobs here at home, and sell our products abroad. We've got to keep on investing in American-made energy, and we've got to keep training American workers.”
Obama spoke out against tax deductions for businesses that outsource jobs, and suggested establishing a minimum tax for multinational corporations. He also took the opportunity to again call for tax breaks for American manufacturers and assistance relocating facilities to communities that have suffered from the loss of factory jobs.
The address's message continues a new theme by the administration promoting domestic manufacturing as a measure to promote economic recovery, which they are describing as an “insourcing” initiative. Previously, the White House hosted a round table discussion by manufacturers that have made a commitment to investing in American labor and resources.
Perhaps in part as a result of that strategy, recent months have brought good news for the fragile economy. The job market has shown signs of improvement, and third party analyses suggest that domestic manufacturing is growing stronger in 2012.
“The tide is beginning to turn our way,” Obama said. “Over the last 23 months, businesses have created 3.7 million new jobs, and American manufacturers are hiring for the first time since 1990, and the American auto industry is back, and our economy is getting stronger.”
The president's call to increase domestic manufacturing during an appearance at a major military supplier was in some ways unintentionally ironic. Days before the end of his presidency, former general Dwight Eisenhower warned of the dangers of what he called the “military-industrial complex” brought on by the Cold War.
“We must never let the weight of this combination endanger our liberties or democratic processes,” Eisenhower said. “We should take nothing for granted. Only an alert and knowledgeable citizenry can compel the proper meshing of the huge industrial and military machinery of defense with our peaceful methods and goals, so that security and liberty may prosper together.”
Jon Christian is a reporter with Campus Progress. Follow him on Twitter @Jon_Christian.