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Bringing Jobs Back to America
Posted by Randy | May 23, 2011

Multinational companies are creating jobs overseas and cutting their U.S. staffs. Below, see cumulative changes in the U.S. and abroad since 1999:

The manufacturing industry has been especially hard-hit by this trend toward outsourcing, with manufacturers shifting low-value, labor-intensive production to other countries. According to the Bureau of Economic Analysis, the U.S. has lost 5.5 million manufacturing jobs since 1998. By 2015, it is estimated that U.S. employers could move 3.4 million service sector jobs and $136 billion in wages overseas.

The U.S. manufacturing sector is critical to our economic infrastructure, and we must create an environment that promotes the repatriation of manufacturing jobs.

To do that, I am cosponsoring the Bring Jobs Back to America Act. This bill offers a commonsense strategy for rebuilding America’s manufacturing industry and bringing outsourced jobs back to the United States. The bill includes several key elements: 

  • Requires the Secretary of Commerce to create a national strategy to bring back manufacturing jobs;
  • Creates task forces to support efforts to identify American companies with manufacturing operations overseas and help return these jobs to the U.S.;
  • Sets up a study of international manufacturing trends and offers solutions for how America can compete against countries such as China, Japan and India;
  • Mandates a study of a new tax incentive to return jobs to the U.S. market;
  • Streamlines the patent process for American research universities and brings innovative technologies to market faster; and
  • Provides protections to prevent other countries from stealing U.S. technology.

You can read more about the bill here.
Comments
Users are solely responsible for the opinions they post here and their comments do not necessarily reflect the views of Congressman Forbes.
  • Kevin Stein commented on 5/23/2011
    Why does this Bill only talk about "Studies", changes need to be made now! Pull the tax credits NOW. Place Tarrifs on products that are being imported to the USA by companies that are located in the USA that used to make them in the USA. Put a stop to companies that have "Corporate Headquarters" in other countries that consists of 1 small office with under 10 employees there that don't do a darn thing. (Usually an attorney). It is time to make LAWS and not organize & fund STUDIES!
  • calvin franklin commented on 5/25/2011
    No. Let congress come up with the stategy and let the president stick to the campaign agenda that got him elected. Give manufacturers incentive and they will stay in the US, they will hire, and the people can afford to pay taxes into our financial system. Cut or severely tape up the welfare system (with red tape that is) and other entitlement programs eating away at the country's finances.
  • Stephen Dexter commented on 5/25/2011
    It sounds like Mr. Forbes is proposing that the federal gov't get more involved in directing the manufacturing portion of the economy. This is something both the Republican Party and the Tea Party have consistently been AGAINST
  • Alan Hollingsworth commented on 5/26/2011
    I agree with most of the posts: we don't need for more studies and government working groups regarding manufacturing, we need less government tinkering. Government is lethergic and artificially impacts free enterprise that is being driven out of America. Suggestions to penalize businesses for fleeing government burdens are as wrong-headed as can be. The single best action that will encourage not only more American manufacturing but a host of other economic boons, clear out thousands of lobbyists and clear probably tens of thousands of hours off of congressional calendars is replacing our insane revenue system with the FairTax. With that single change America will become the best place on Earth to locate corporate headquarters and manufacturing facilities. At the same time individuals and businesses can direct $500 billion a year into productive enterprise rather than trying to figure out how to pay our taxes.
  • Jobs Search commented on 6/3/2011
    We firmly believe that the outsourcing of manufacturing jobs to other countries has aided in the decline of the US economy. It is without a doubt time to get jobs back in America especially in the manufacturing sector where they are far an few between! Now is the time to take action.As seen on www.jobssearchsite.com
  • JD Last Name commented on 6/6/2011
    It is not a Constitutional responsibility of Congress to bring back jobs. Our free enterprize system will do that handily if the Federal Government removes the financial handicaps and burdensome regulatory restrictions that have made it increasingly attractive for companies to move jobs offshore. Reduce taxes and regulations and the magic will begin.
  • Dolly Brignola commented on 1/25/2012
    I think that the term "outsourcing" is too broad of a term. In my line of work, the job shift to overseas is called "offshoring" which leaves no argument as to where a job has gone. The term "outsourcing" is used when using subcontractors and lots of American companies outsource on American soil, not overseas. "Outsourcing" is not a bad thing -- it creates jobs which our country needs.
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