Cruz has solid plans for bringing back manufacturing:
1. The Cruz tax plan is unique because of how it taxes business who engage in imports. That means manufacturing has powerful incentives for being within the United States. This is far better than protectionism or tariffs that hurt the consumer and lead to trade wars— that further hurt our manufacturing.
2. A solid energy plan like Cruz’s is key. Energy is a key cost for manufacturers. Texas is leading the way to more manufacturing by way of cheap energy. Our fracking innovations have made natural gas cheaper than ever. This creates industry here at home and makes energy costs lower than China. That attracts manufacturing.
States like Texas prove that we can restore manufacturing to America.
Other nations cannot compete with out innovation. Beating the Federal government in the courts on EPA actions kept Texas free and strong.
The energy side of this is very big. For some products shipped to customers here in the U.S., it’s actually getting cheaper to manufacture them in Alabama and South Carolina than in China — and reliable, low-cost energy is a big factor in this.
Businesses always pass the cost on to the consumer...It is still tariffs regardless of what name you put on it...
Our fracking innovations have made natural gas cheaper than ever. This creates industry here at home and makes energy costs lower than China. That attracts manufacturing.
When is that manufacturing going to show up??? I thought the fracking process resulted in higher energy costs...As long as gas was selling for 4 bucks a gallon, fracking could be profitable...Energy independence doesn't necessarily mean cheap energy...