May 23, 2011
To: SPEEA
Council
From: SPEEA
L&PA Committee
Subject: PRESUBMITTED NEW
BUSINESS: Support Legislation to Develop a
National Manufacturing Strategy for the United States
Background
While
U.S. manufacturing has been hit hard by more than 30 years of accelerated import
growth and job loss, the manufacturing sector remains a vital part of the U.S.
economy.
Failed
trade agreements and lack of any coherent National Industrial Policy have diminished
and eroded U.S. manufacturing sectors. This decline in domestic manufacturing
has significantly impacted core industries in the US, including the aerospace
industry.
Senate
Bill 751 and HR 1366 call for the development of a national manufacturing
strategy.
75 S. 751
introduced in the Senate in April 2011
Would
require the Secretary of Commerce to develop a comprehensive national
manufacturing strategy.
The goals of the strategy are as
follows:
(A)
To increase the aggregate number of manufacturing jobs in the United
States.
(B) To
identify emerging technologies to strengthen the competitiveness of the United
States in the global marketplace.
(C) To
strengthen manufacturing sectors in which the United States is most competitive
in the global economy.
Motion
It
is moved that: THE SPEEA Council
supports legislative efforts such as
S. 751 and H.R. 1366 to
Develop a National Manufacturing Strategy.
PRO
Comprehensive US manufacturing strategy would
create hundreds of thousands of new jobs and encourage small and large businesses
to reinvest in the US economy
CON
Some will view this as policy direction
as protectionism