On the recordJune 4, 2013
Tonight we want to talk about jobs in America, we want to talk about how we can rebuild the great American manufacturing sector, and we also want to spend some time talking about a very special part of the American economy, and that is the infrastructure upon which that economy can grow and prosper. So there are many pieces to this puzzle about rebuilding the economic strength of this Nation. {time} 2010 Much of it comes down to what we call the Make It in America agenda. It's an agenda to rebuild the great manufacturing sector of this Nation. That's where the middle class found its strength. That's where the middle class grew following World War II. Unfortunately, in the last 15 years or so, we've seen a decline from some 20 million Americans in manufacturing down to perhaps 11 million. In recent months, we've seen a resurgence in part due to some changes in law that we've put in place that end tax breaks that American corporations received when they sent jobs overseas--really foolish tax breaks. We ended many of those, and we have a few more to go. What we want to do is give manufacturers, American corporations and others, who want to on shore bring jobs back to America, we want to give them a tax break. So the Make It in America agenda is about rebuilding that great American manufacturing base. There are many different parts to it. Part of it is the infrastructure system.…
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