A Framework for Manufacturing
Over the holidays, the Obama Administration released a white paper outlining “A Framework for Revitalizing American Manufacturing.” The document looks at a strong manufacturing sector as vital to the nation’s long-term prosperity and considers ways in which public policy can nurture the sector’s viability and competitiveness. More specifically, the report details a seven-part agenda:
- Provide workers with the opportunity to obtain the skills necessary to be highly productive.
- Invest in the creation of new technologies and business practices.
- Develop stable and efficient capital markets for business investment.
- Help communities and workers transition to a better future.
- Invest in an advanced transportation infrastructure.
- Ensure market access and a level playing field.
- Improve the business climate, especially for manufacturing.