American Economic - Masthead Fighting For American Companies - Fighting for American Jobs United States Business and Industry Council
Current Trade Deficit: - Presented by The Robert A. Stranahan Lectures
Obama Manufacturing Plan Not Even Tokenism
Alan Tonelson
Thursday, February 14, 2013
Photo of Alan Tonelson
Proposed Obama manufacturing tax credit for helping communities regain manufacturing:
$6 billion

Planned Chinese state investments in strategic industries, 2010-2015:
$1.5 trillion

(Sources: “In N.C., Obama starts his policy campaign by pledging to shore up manufacturing,” by Scott Wilson, The Washington Post, February 14, 2013, and “China Announces $1.5 Trillion Development Plan For Seven Strategic Emerging Industries,” by Gilbert B. Kaplan et al., King & Spalding, Washington Office, January 11, 2011,

Alan Tonelson is a Research Fellow at the U.S. Business & Industry Educational Foundation and the author of The Race to the Bottom: Why a Worldwide Worker Surplus and Uncontrolled Free Trade are Sinking American Living Standards (Westview Press).
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