BusinessClimate.com - Economic Development Blog

RSS
Feb 8
Reshoring: What Will It Take to Build the Momentum?
With the 2012 U.S. presidential election approaching, jobs has been a hot topic, and the trend of reshoring — manufacturers bringing jobs back to the U.S. from low-wage locations overseas — has been gaining more attention among politicians and the public alike.
From the State of the Union address to presidential debates,  reshoring, or “insourcing” as the current administration calls it, seems  to be surfacing everywhere. For politicians, the most popular question  is: How can the U.S. build this momentum and persuade more manufacturers  to bring jobs home? Recently, President Barack Obama met with executives from more than a dozen companies to ask them exactly that and announce plans for new tax proposals that  would reward companies for creating jobs in the U.S. and possibly  eliminate tax advantages for moving them overseas. READ THE FULL ARTICLE…

Reshoring: What Will It Take to Build the Momentum?

With the 2012 U.S. presidential election approaching, jobs has been a hot topic, and the trend of reshoring — manufacturers bringing jobs back to the U.S. from low-wage locations overseas — has been gaining more attention among politicians and the public alike.

From the State of the Union address to presidential debates, reshoring, or “insourcing” as the current administration calls it, seems to be surfacing everywhere. For politicians, the most popular question is: How can the U.S. build this momentum and persuade more manufacturers to bring jobs home? Recently, President Barack Obama met with executives from more than a dozen companies to ask them exactly that and announce plans for new tax proposals that would reward companies for creating jobs in the U.S. and possibly eliminate tax advantages for moving them overseas. READ THE FULL ARTICLE…