Monday, January 14, 2013

Improving US manufacturing: Jan 2013

The Joint Economic Committee of the US Congress released a report on US Manufacutring Policy. The report lists some non-controversial ways the government can support manufacturing in the US. The report: Manufacturing in America was released in January 2013. The proposal are: 1) Improve education and training in Science, Technology and Math 2) Expand transportation infrastructure 3) Provide tax incentives such as r&D tax credit or acceralted depreciation. It also mention a credit for US based manufacturing. 4) Enforce intellectual property rights 5) Encourage China to stop undervaluing it's currency

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