Pelosi: 'Our Manufacturing Sector is Critical

[FreakinDJ]

Pelosi: 'Our Manufacturing Sector is Critical, But After Three Years of President Bush, it is in Crisis'

April 27, 2004


Washington, D.C. -- House Democratic Leader Nancy Pelosi and Senate Democratic Leader Tom Daschle and other Members of Congress held a roundtable discussion today with Governors Jennifer Granholm (D-MI), Ed Rendell (D-PA), and Jim Doyle (D-WI) on the U.S. manufacturing crisis. Below are her remarks:

"Our manufacturing sector is vital to our future prosperity and security. Manufacturing is critical for the financial security of millions of families -- every manufacturing job creates at least four other jobs. It is critical for our country’s economic security -- manufacturing accounts for approximately 17 percent of gross domestic product and represents 71 percent of our exports abroad. And manufacturing is critical for our national security. We cannot ensure a strong military and protect the American homeland without a strong industrial and manufacturing base.

"Our manufacturing sector is critical, but after three years of President Bush, it is in crisis.

"Our country is hemorrhaging manufacturing jobs. Since taking office, President Bush has lost 2.8 million good-paying manufacturing jobs, and continues to lose more every month. 1 million jobs have been shipped overseas. And manufacturing employment is at a 53-year low.

She presents some interesting facts

http://www.house.gov/pelosi/press/releases/April04/ManufacturingSector042704.html

edit to add link

[fearnobush]

1. "And manufacturing is critical for our national security. "

Strange how not much attention is given to this threat. Yes it is a threat. Country's that willingly give their Manufacturing base to potential world dominating super power houses like China, a deemed to be marginalized and attacked like England i.e. WWI, WWII. Of course my analogy is debatable, however, if we did face a threat, economically or militarily, it would take several years to re-tool to face that threat.

[bleedingheart]

2. Manufacturing has been in critical care for a while

and it started a while ago when the modern robber barons decided to take advantage of the poor elsewhere while selling americans the "dream"... McMansion, three cars, riding lawnmower, two vacations a year...and all at a low variable interest rate....

[Ksec]

3. 'Our Manufacturing Sector is Critical

Only if we ever need to make anything here.....:)