Source YantraBazaar.com,
http://yantrabazaar.com/et0107yb10201869TopStories03metal13105.aspx
Does the Obama administration have any kind of plan to support U.S. manufacturers?
One industry economist asserts he has yet to see “anything remotely resembling a policy” from the Obama administration to support U.S. manufacturers in this turbulent economy. “For the most part, actions taken by the White House have been long on rhetoric and very short on pragmatic help,” says Dr. Chris Kuehl, economic analyst for the Fabricators & Manufacturers Association, International (FMA).
“The only thing that could be construed as a policy is the bailout of the auto industry, but even that was limited in the sense that it paid little attention to the issues facing tier two and three suppliers,” states Kuehl. “There has been lip service paid to training and to making competitive moves, but the actions from Congress have actually gone in the wrong direction,” he adds. “There is some faith the President really does have concerns about the fate of U.S. manufacturing, but there is also a sense that nobody on the President’s team quite understands the key issues.”
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