As the United States continues to fight its way out of the economic downturn, many are beginning to wonder why we can't bring manufacturing back to our own shores. After all, much of the world's manufacturing is done in low-cost countries like China and India, with the U.S. lagging far behind in terms of production.
The short answer to the question is that there are numerous reasons why America needs to bring manufacturing back to her shores. First, it would create jobs and boost the economy. Manufacturing jobs have traditionally been a great source of employment in the United States, and bringing them back home would create thousands of new jobs and increase economic growth.
Second, it would help reduce the U.S. trade deficit. The U.S. currently has a massive trade deficit, meaning that we import far more than we export. Bringing manufacturing back to the U.S. would help reduce this deficit, as more goods would be produced domestically, rather than imported from abroad.
Third, it would help create a more secure supply chain. Many of the goods imported from abroad come from countries with questionable labor practices, political instability, and even corruption. Bringing manufacturing back to the U.S. would help ensure a more secure supply chain, as the goods would be produced in a more transparent and reliable environment.
Finally, it would help the U.S. regain its competitive edge. As the world's largest economy, the U.S. needs to be able to compete with the rest of the world in terms of production and innovation. Bringing manufacturing back to our own shores would help the U.S. regain its competitive edge, and help ensure our long-term economic prosperity.
All in all, there are numerous reasons why America needs to bring manufacturing back to her shores. It would create jobs, reduce our trade deficit, reduce our environmental impact, create a more secure supply chain, and help the U.S. regain its competitive edge. With a little effort, we can make sure that the U.S. remains a global leader in manufacturing and innovation.