Posts Tagged ‘unemployment’

Not since 1941 have manufacturing jobs been at this low a level. According to the Bureau of Labor Statistics (BLS), there are currently 11.8 million manufacturing jobs in this country. This is down from the peak of 1979 at nearly 19.6 million jobs in the manufacturing sector. Our manufacturing sectors are still shedding jobs and cutting production, or even worse, moviing entire operations overseas.

Now, based again on the BLS, manufacturing jobs represent LESS than 9% of the total workforce. That too is down from a peak of 38.75% in 1943. If you follow the nations emergence from the Great Depression, you discover that manufacturing jobs INCREASED and our GDP grew exponentially. It WAS NOT the massive debt being placed on our nation during that time that caused recovery, it was private industry gearing up and making the necessary goods needed to win a war- tanks, planes, trucks, clothing, arms and ammunition, and other needed supplies to win WW II. Until the manufacturing sectors went back to work, our nation was NOT going to emerge from the Great Depression.

If you wonder if there is going to be long term economic growth in this nation, you should consider that an economy driven by consumer spending will not result in real economic growth. Basically, there are only 3 ways to insure a solid rise in economic output of any nation-

1. You mine it from the earth
2. You grow it in the earth
3. You manufacture a final product

We as a nation MUST have a regulatory and tax environment that encourages all 3 sectors to grow. Under current tax policies and regulations, more and more of our businesses and industries will move overseas and take several more millions of jobs as they move. Other nations welcome and encourage this movement and will continue to do so until the United States becomes “business and industry friendly”.

As your next Congressman from Florida, I will work endlessly to reduce the taxes on our businesses and reduce the burden of regulations that will cause even more doors to close. Our nation can grow only when we have more and more of those factories moving back to America to bring top paying and quality jobs to our country.