Carter Commentary: Getting us back to ‘Made in America’

January 25, 2012

Economic Development, Politics

Is there an assembly line somewhere that turns out these tired opposition party responses to State of the Union addresses? Year after year, it doesn’t matter whether the chief executive delivering the speech is a Democrat or Republican, within minutes of the speech’s completion the worn-out rhetoric begins.

Which brings us to Tate Reeves, Mississippi’s new lieutenant governor.

The president, Reeves says, “needs to unite us around one agenda to create jobs. We need a president who will provide real solutions and get Americans back to work.”

Had he not been distracted by ideology, Reeves would have heard President Obama deliver the first real, honest-to-God strategy provided by any president in the last 50 years on returning America’s manufacturing sector to the preeminence it enjoyed before U.S. companies began taking jobs overseas.

Put simply, the plan says to manufacturers they are free to offshore their jobs but the good kind tax treatment they’re accustomed to at home will be no more. You’ll pay penalties and the money collected from you will go to provide incentives to the companies that bring jobs back from overseas or stay around to build things in America.

Here’s some of what he said:

“First, if you’re a business that wants to outsource jobs, you shouldn’t get a tax deduction for doing it. That money should be used to cover moving expenses for companies like Master Lock that decide to bring jobs home.

“Second, no American company should be able to avoid paying its fair share of taxes by moving jobs and profits overseas.

“From now on, every multinational company should have to pay a basic minimum tax. And every penny should go towards lowering taxes for companies that choose to stay here and hire here.

“Third, if you’re an American manufacturer, you should get a bigger tax cut. If you’re a high-tech manufacturer, we should double the tax deduction you get for making products here. And if you want to relocate in a community that was hit hard when a factory left town, you should get help financing a new plant, equipment, or training for new workers.

“My message is simple. It’s time to stop rewarding businesses that ship jobs overseas, and start rewarding companies that create jobs right here in America. Send me these tax reforms, and I’ll sign them right away.”

Nothing will come right away – not from congressional opponents who openly admit their single goal is to defeat Obama’s re-election. No wonder most of his opposition sat in pained silence Tuesday night when he detailed the government-assisted turnaround of GM from a near collapse to resurgence as the world’s number-one automaker.

Let’s be clear. The worm has indeed turned. Americans have awakened to the economic pain inflicted on them by an obstructionist Congress. Nearly one out of four of them is either out of work or working for far lower wages than in more prosperous times.

They want American jobs on American soil. They don’t want empty, cookie-cutter responses that reflect little concern for real solutions.

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3 Responses to “Carter Commentary: Getting us back to ‘Made in America’”

  1. Kathleen Haney Says:

    While I agree with you on the continued obstinance of the Republicans in Congress, I do have a question for you. Why are GM, Ford,and Chrysler still considered “Made in America”? It is my understanding that while some of the vehicles may be assembled in America and some parts are manufactured here as well that NONE of them are truly “Made in America” anymore.

  2. Chemical Dependency Says:

    I love your blog! It’s good to see someone who actually knows what they’re talking about. I’ll be bookmarking!

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