We must reinvest in manufacturing. For every new manufacturing job, two and a half other new jobs are created. We must begin to restore our manufacturing base and the way to do that is to support the American innovators and start-up companies that already exist. Today, there are 500,000 kitchen table and garage manufacturers alone and we need them to grow! Additionally, we need small community banks that can help mentor and grow their communities without being subjected to the overarching controls of their corporate counterparts. The Treasury Department has tied up $26 billion that was marked for this purpose; it is time for that money to be put to good use.
Furthermore, our economy loses money on the millions of imports disguised as American Made products like Maryland Crab Cakes (Philippines) and Chesapeake Bay Candles (China). Product fraud is a job killer! We must act to enforce our Country of Origin marking laws. What does it cost? Nothing. What we gain is a 10% penalty on all products that do not follow our Country of Origin marking laws. Everyone should have the right to knowledgably choose between an import and an American made product.