MAPI on the State of the Union Address: Leaders ‘Finally Recognizing’ Critical Role of Manufacturing

Stephen Gold, president and CEO of the Manufacturers Alliance for Productivity and Innovation (MAPI), offered this response to President Obama’s State of the Union address:  

“After years of public officials ignoring or even writing manufacturing off, our national leaders are finally recognizing the critical role the factory sector continues to play in innovation, creating jobs, and raising living standards.  MAPI applauds the President for shining a primetime spotlight on American manufacturing. 

President Obama expressed a strong interest in devising ways to maintain and increase the domestic manufacturing base.  The key is to create policies that make US investment and production more alluring – and, as our research has shown, nothing would do more to achieve this goal than reducing the rates and complexity of the current federal corporate tax code. 

Considering the economic and financial challenges Americans still face, we do not have the luxury of waiting until after the 2012 elections.  MAPI encourages the President and Congress to set aside their differences and start working immediately to develop a federal tax code that encourages investment and production in this country.”