Made In The USA, Bought In The USA

One of the reasons our economy is struggling is the middle-class has been gutted and stripped of its purchasing power. To restore the economy to health--and reduce the unemployment rate--the buying power of the middle class has to be restored. And that can be accomplished in two ways:

• First, cutting taxes for the middle-class while raising them on high-income earners.

• And, second, paying middle-class workers more.

 In addition, there is a return of manufacturing jobs to the United States because rising production costs in other industrialized and developing nations, including labor and energy costs, makes manufacturing in the U.S. less expensive for American companies.

• In less than three years, the U.S. will have a cost advantage of 5% to 25% over Germany, Italy, France, the U.K., and Japan in a number of industries, including machinery, chemicals, transportation equipment as well as electrical and appliance equipment.
• America's natural gas boom from shale (commonly referred to as "fracking") has provided this country with some of the cheapest natural gas prices around the world. For the forceable future, natural gas prices will remain 50% to 70% cheaper in the U.S. versus Europe and Japan.
• Labor costs in other developed economies will be 20% to 45% more expensive compared to the costs of hiring U.S. workers.
• The U.S. could grab additional exports from the aforementioned nations to the tune of $130 billion annually.
• Average manufacturing costs in China will only be 7% lower compared to in the U.S in 2015.

Finally shorter delivery times, smaller minimum order quantities, and production techniques like quick change-over and lean make domestic manufacturing far more efficient and responsive to the market place.