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Judi Lynn

(160,508 posts)
Fri Aug 17, 2012, 02:42 AM Aug 2012

US plans institute of innovation to prevent jobs going to India

Source: Economic Times

17 Aug, 2012, 11.17AM IST, PTI
US plans institute of innovation to prevent jobs going to India

WASHINGTON: The Obama Administration has announced setting up of an institute for manufacturing innovations which will help prevent jobs going to India and China.

"This institute will help make sure that manufacturing jobs of tomorrow take root not in places like China or India, but right here in the United States of America," US President Barack Obama said in a statement.

"That is how we will put more people back to work and build an economy that lasts," he added.

The National Additive Manufacturing Innovation Institute ( NAMII), which will be based in Ohio, will be a public-private partnership initiative and has received USD 70 million as the initial financial assistance.



Read more: http://economictimes.indiatimes.com/news/international-business/us-plans-institute-of-innovation-to-prevent-jobs-going-to-india/articleshow/15528515.cms

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US plans institute of innovation to prevent jobs going to India (Original Post) Judi Lynn Aug 2012 OP
true? mmfbab Aug 2012 #1
That's nice. Tax the rich, anyway. aquart Aug 2012 #2
We don't need an "institutute of innovation"; area51 Aug 2012 #3
Amen. iamthebandfanman Aug 2012 #4
I agree. This smacks of "blue ribbon commission." PSPS Aug 2012 #6
Thank you for posting this K&R n/t Dalai_1 Aug 2012 #5

aquart

(69,014 posts)
2. That's nice. Tax the rich, anyway.
Fri Aug 17, 2012, 02:50 AM
Aug 2012

Make damned sure it doesn't pay THEM to pay their workers $.75 an hour.

area51

(11,902 posts)
3. We don't need an "institutute of innovation";
Fri Aug 17, 2012, 03:10 AM
Aug 2012

this is playing right into the hands of the rightwingers who claim that American workers "aren't good enough". The whole problem is that the tax breaks for offshoring jobs have to be removed, and that any U.S. companies offshoring jobs be labeled as foreign companies, and heavy tariffs imposed.

iamthebandfanman

(8,127 posts)
4. Amen.
Fri Aug 17, 2012, 06:29 AM
Aug 2012

I think we should go so far as to say,
you dont manufacture any products here, you dont get to sell any products here.

want to make cheap garbage in china? have fun selling it there.



altho, ive been hearing grumblings the last year from some businesses that claim its becoming almost as expensive to do business in china as it is here because of their rate of failure off the line.. and products having to be redone over and over

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