President Donald Trump has unveiled the White House's "Made in America" week--running July 16 through July 22. The president's leadership is focused on promoting and cultivating this critical sector that changes lives for the positive.
Manufacturing creates opportunities for people in our toughest neighborhoods. Our nation's factories pull people from poverty into the middle class. We need these manufacturing jobs because they pay great. According to the National Association of Manufacturers, American factory workers are paid on average $81,289 per year including benefits. If the company is exporting, the compensation tops $94,000 per year on average! No minimum wage jobs here. Moreover, 92 percent of American factories offer health insurance to their team.
This presidential initiative is spotlighting the idea that we should not order from overseas but instead buy from fellow Americans. This will grow opportunities for our people in the U.S.A. to get to that first rung on the ladder and climb up. "For too long, our government has forgotten the American worker. Their interests were pushed aside for global projects and their wealth was taken from the communities and shipped overseas" states White House director of media affairs Helen Aguirre Ferre. The White House showcasing domestically made products from all 50 states is calling attention to good things going on in the U.S.A.
America is a manufacturing powerhouse--if it were its own economy, it would be the ninth largest economy in the world. This vibrancy is an opportunity machine for our people looking for a career. Some 3.5 million jobs will be available in manufacturing in the next decade due to retirements and the solid growth of our dynamic sector.
My company, Marlin Steel, purchases U.S.A. steel (from Illinois and Indiana) and fabricates racks and baskets in the U.S.A. Every time we get a 1-million-dollar job, we have to hire five more people. These new teammates buy homes (more than half of my team own homes) and cars to get to work. The dignity of having a job that pays the bills so they can send their kids to college and have nice vacations is satisfying and stabilizes the middle class. In addition, we give our vendors big orders and they have to hire more people--expanding a wonderful, virtuous, positive cycle. When purchasing managers (to save a buck and disregard quality and on-time deliveries) send the orders overseas, all these benefits are shipped overseas--where Mexican and Chinese vendors' employees buy homes and cars (not Americans).
Developing job-creating manufacturing policies to foster a positive environment will surge U.S.A. employment and stabilize our families and make it easier for purchasing managers to do the right thing and buy American.
Here are five important policies enacted to keep this positive inertia flowing for the sake of our workers:
1. Infrastructure Investments
Roads, ports, bridges, airports, the electrical grid, sewers, etc. are sub-par in the U.S.A. The American Society of Civil Engineers gave the U.S.A. a "D+" because our infrastructure was unacceptable. We should have an "A." We need to invest today to get his country growing at the rate we need.
2. Tax Reform
That means simplifying our tax code and reducing our manufacturing taxes so our workers can compete with China and Mexico.
3. Health Care Reform
Marlin's rates have more than doubled in eight years. We need relief because our clients will not tolerate us passing on these price increases.
4. Regulation Reform
The average small factory pays over $35,000 to adhere to burdensome, over-the-top paperwork. We can have clean water, soil, and air and just labor protections with less burdensome paperwork.
5. Improved Education in Our K-12
That means more STEM for kids, so our talent pool is capable of tackling the demanding challenges of 2017 tasks.