Unfortunately, the regulatory costs of manufacturing in the current U.S. environment, make much of it prohibitive without genuinely huge incentives.
It’s all of a piece. Getting a clean slate on regulations, which will also require creative re-locating of thousands of bureaucrats, and tax reform, along with CUTS to welfare system and disability fraud and pushing right-to-work against union backlash.
In the past, all of these issues together have made it easier for manufacturers to go elsewhere than fight to improve the manufacturing and business climate here. By forcing them to manufacture here, and picking the low hanging fruit of over-regulation and tax reform, we can get them to restart manufacturing here. The ramp-up of requiring more and more local manufacturing will provide the incentives for the business community to engage in the process of reforming all those government hindrances.
Unfortunately, we cannot afford the carrot of grants, loans, and tax credits, so we will have to use the stick. When Reagan offered the carrot to save US Steel, they took the carrot but still closed plants and bought other companies with the money.
Until American manufacturers are required to actually manufacture HERE, they have no incentive to fight for regulatory reform or tax reform.
Indeed, they have every incentive to make local manufacturing as costly as possible so their foreign manufacturing plants can keep their advantages. The local manufacturers are now their COMPETITORS.
Pure propaganda. I do not see corporation petitioning congress to deregulate. Why? Multinationals love those regulations because it give them political cover to off shore for slave wages. Fools like you spreed that propaganda for them!