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Part II Presented Papers: Manufacturing in the U.S. Economy
4 Keynote Address: The Administration's Manufacturing Policy
Pages 23-27

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From page 23...
... Part II Presented Papers: Manufacturing in the U.S. Economy 23
From page 24...
... I trust that this forum will provide valuable insights into the major trends that will influence manufacturing in the coming decades, with the goal being to highlight future opportunities as well as challenges. I understand that over the course of the next 2 days you will discuss, among other issues, the economic significance of manufacturing to both rural and urban America, as well as some of the major drivers that affect manufacturers, like labor costs and training, globalization, and technological advances.
From page 25...
... This administration is taking important steps to create just such an environment. Collectively, our policies aim to stimulate economic growth and create jobs; remove counterproductive red tape; foster free and open trade; prime the pump of innovation by increasing the federal investment in research and development; secure and enhance the nation's vast and varied infrastructure; and ensure a strong domestic capability to meet the needs of national defense and homeland security.
From page 26...
... And we are pursuing negotiations with Morocco, five Central American countries, the Southern African Customs Union, and Australia. We continue to work with our trading partners to open markets, to bring about real and lasting tariff elimination, and to reduce technical barriers to trade, like standards that are developed and applied in ways that obstruct market access.
From page 27...
... Emerging technologies promise dramatic changes in the manufacture of many products. So as we assess our manufacturing strengths and challenges, let's make sure we are counting the right things.


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