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Obama Pledges $500 Million To Reinvent U.S. Manufacturing
Industry Week ^ | June 24, 2011 | Frank Andorka

Posted on 06/25/2011 6:32:57 AM PDT by Son House

AMP, as the program is called, will harness the power of public-private partnerships between universities, industry and governmental agencies in an effort to streamline innovation and bring products more quickly to market.

"We need to reinvigorate our manufacturing sector to lead the world," Obama said in the speech. "We need to do it now. Not sometime in the future. Now."

AMP will be co-chaired by Susan Hockfield, president of MIT, and Andrew Liveris, chairman, president and CEO of Dow Chemical.

"I'm enthusiastic about the spirit and content of our joint work," Hockfield said in a press release. "and I'm also very eager to build new connections with our colleagues in industry and government … with a commitment to advancing the manufacturing frontier together."

The universities involved in initially in the program are the Massachusetts Institute of Technology, Carnegie Mellon University, Georgia Institute of Technology, Stanford University, the University of California-Berkeley and the University of Michigan.

Industrial partners will include Allegheny Technologies, Caterpillar, Corning, Dow Chemical, Ford, Honeywell, Intel, Johnson and Johnson, Northrop Grumman, Procter and Gamble, and Stryker.

Those recommendations of the President's Council on Science and Technology (PCAST) recommended the launching AMP and made the following recommendations as to how the Federal government could be involved:

investing in shared infrastructure such as Federal and university laboratories;

supporting the development of advanced manufacturing processes; and

participating in partnerships with industry and academia that identify and invest in broadly-applicable, precompetitive emerging technologies.

The President will also outline three compelling reasons why the United States should revitalize its manufacturing leadership: jobs, innovation and national security.

In addition to the Advanced Manufacturing Partnership, PCAST calls for changes in tax and business policies, including a permanent extension of the R&D tax credit; continued strong support for basic research in addition to the new emphasis on public-private partnerships to support pre-competitive applied research; and enhanced support for training and educational activities to create a more highly skilled workforce. PCAST also came out against the government creating a national manufacturing policy in favor of a national "innovation policy" instead.

"If we are to grow our economy, we need a strong manufacturing sector," Obama said. "These investments we make today will create jobs in current industries and spur the growth of new ones."

Obama said that Americans don't just keep pace with changes in the world, they set the pace.

"If we can regain our lead as the manufacturing force in the world, we can make this century the American century just like the last one was," he added.

The Alliance for American Manufacturing President Scott Paul released a statement that read:

"Linking manufacturers with the latest cutting-edge research at universities and federal agencies is one step in brightening the prospects for American manufacturing. But we can't stop there.

We welcome President Obama's support for public-private partnerships to develop new products, innovations, and processes for American manufacturing. Pittsburgh is the right place to make this announcement: home of a modern steel industry, great academic institutions, sophisticated research, a skilled workforce, and a strong industrial union.

America has been falling behind in manufacturing while the rest of the world aggressively supports its industry. We are playing catch-up following decades of neglect. The Advanced Manufacturing Partnership shows a lot of promise, but the effort will be futile unless our manufacturers also have a solid foundation of support for challenges like unfair trade practices, currency manipulation, developing a skilled workforce, and a more efficient infrastructure.

We believe, as we imagine you do, that a strong and vibrant manufacturing base is essential to our nation's economic stability, a strong middle class, and employment opportunities for young men and women across America. We also believe that our nation will never realize its full potential to grow the manufacturing sector of our economy without a robust strategy and aggressive set of public policies to complement private sector efforts by business and labor to maintain a globally competitive industry."


TOPICS: Business/Economy; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: amp; economy; fascism; manufacturing; marxistcoup; nationalsocialism; obama; obamanomics; obamunism; pcast; pledges; reinvent; robots; stimulus; thedestroyers
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Seems like the working poor and lower middle class are being left out of this year's recovery summer.
1 posted on 06/25/2011 6:32:59 AM PDT by Son House
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To: Son House

And just whose a$$ was this half a billion dollars pulled out of?


2 posted on 06/25/2011 6:35:47 AM PDT by Repeal The 17th (Proud to be a (small) monthly donor.)
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To: Repeal The 17th

That’s a good question-—and I’m wondering why the president of MIT would know anything about manufacturing..................


3 posted on 06/25/2011 6:37:04 AM PDT by basil (It's time to rid the country of "gun free zones" aka "Killing Fields")
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To: Son House

Seems like you could cut regulation and the free trade nonsense and companies would build it themselves.


4 posted on 06/25/2011 6:37:04 AM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: Son House

“Obama Pledges $500 Million To Reinvent U.S. Manufacturing”

Stupidity is doing the same thing and expecting different results.


5 posted on 06/25/2011 6:37:31 AM PDT by Rennes Templar
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To: Son House

Obama’s government is so smart that a mere $500 MM will reinvent and reinvigorate the manufacturing economy. What hubris!

Every day, in every way, our government comes up with new and ever more imaginative ways to waste money.


6 posted on 06/25/2011 6:38:03 AM PDT by Pearls Before Swine
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To: Son House

Hey Obama, how about if you just get out of the way.


7 posted on 06/25/2011 6:38:11 AM PDT by TruthInThoughtWordAndDeed (Yahuah Yahusha)
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To: Son House

What’s with this “partnership” thingy?

Any time the gubmint is a partner, it controls. It regulates. It redirects efforts to its own aim.

AMP is destined to be a waste of money achieving only gubmint ends with little private benefit.


8 posted on 06/25/2011 6:38:19 AM PDT by plangent
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To: Son House

did Barky announce his brilliant plan before or after he blamed ATM machines and ticket kiosks for high unemployment?


9 posted on 06/25/2011 6:39:44 AM PDT by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
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To: driftdiver
...like you could cut regulation and the free trade nonsense....

Reading this article, it looks like Obama is doing a fine job on the latter.

10 posted on 06/25/2011 6:43:58 AM PDT by 1rudeboy
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To: basil
I’m wondering why the president of MIT would know anything about manufacturing..................

Exactly my thoughts.

11 posted on 06/25/2011 6:44:01 AM PDT by voicereason (What's the opposite of a survivalist? Try, a corpse.)
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To: Son House
All within the state, nothing outside the state, nothing against the state.
-- Benito Mussolini

All solutions to all problems must be government solutions.

12 posted on 06/25/2011 6:44:17 AM PDT by ClearCase_guy (The USSR spent itself into bankruptcy and collapsed -- and aren't we on the same path now?)
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To: Son House

$500 million to reinvent U.S. manufacturing. $8.5 billion to ACORN. I’m glad that we have our priorities straight.


13 posted on 06/25/2011 6:45:00 AM PDT by Malone LaVeigh
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To: Son House

If he’ll give me a million I’ll see what I can do to help. I’ll even throw in some promises.


14 posted on 06/25/2011 6:45:49 AM PDT by count-your-change (You don't have be brilliant, not being stupid is enough.)
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To: Son House
Great, if manufacturing didn't have enough problems competing against Chinese slave labor, now the Government of Obama is here to help. $500,000,000 = 20 new union jobs in Michigan and Ohio.
15 posted on 06/25/2011 6:48:23 AM PDT by Waverunner (I'd like to welcome our new overlords, say hello to my little friend)
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To: plangent

Yes, partnership with this government is a buyer beware/remorse just waiting


16 posted on 06/25/2011 6:49:04 AM PDT by Son House (The Economic Boom Heard Around The World => TEA Party 2012)
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To: Repeal The 17th
And just whose a$$ was this half a billion dollars pulled out of?


17 posted on 06/25/2011 6:50:01 AM PDT by Lonesome in Massachussets (Somewhere in Kenya a village is missing its idiot)
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To: TruthInThoughtWordAndDeed

Yes, but now he can say he did something while Republicans did nothing


18 posted on 06/25/2011 6:50:44 AM PDT by Son House (The Economic Boom Heard Around The World => TEA Party 2012)
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To: Son House

What? Has he invented the ‘disassembly line’??????


19 posted on 06/25/2011 6:51:23 AM PDT by eeriegeno (<p>)
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To: Son House
Holy crap!

Obama is a one man bureaucratic boondoggle jihad.

20 posted on 06/25/2011 6:52:20 AM PDT by Tex-Con-Man
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To: basil
I’m wondering why the president of MIT would know anything about manufacturing...

a.) She stayed at a Holiday Inn Express

b.) She read a book on "Lean Six Sigma"


21 posted on 06/25/2011 6:53:18 AM PDT by Lonesome in Massachussets (Somewhere in Kenya a village is missing its idiot)
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To: Waverunner
And that's the thing, isn't it? It would be better for the government to announce that it is spending $500M to get out of the way of U.S. manufacturing. Not spending anything would be best.
22 posted on 06/25/2011 6:53:34 AM PDT by 1rudeboy
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To: Son House

So which unions’ pockets is this largesse falling into?
Just stop it, Bambi.


23 posted on 06/25/2011 6:55:06 AM PDT by GnuHere
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To: Repeal The 17th

This guy cannot spend $1 without it being appropriated from the U.S. Congress.


24 posted on 06/25/2011 6:55:21 AM PDT by Mr. Wright
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To: TruthInThoughtWordAndDeed

AMP will be co-chaired by Susan Hockfield, president of MIT -

AND WHAT, EXACTLY, DOES THIS HOCKFIELD BABE KNOW ABOUT U.S. MANUFACTURING?


25 posted on 06/25/2011 6:56:26 AM PDT by Mr. Wright
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To: Son House
Here's what happened the last time manufacturing was re-invented by government:


26 posted on 06/25/2011 6:57:11 AM PDT by Hoodat (Yet in all these things we are more than conquerors through Him who loved us. - (Rom 8:37))
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To: 1rudeboy

Well he’s cutting trade, thats for sure.


27 posted on 06/25/2011 6:58:32 AM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: Tex-Con-Man
Obama Pledges $500 Million To Reinvent U.S. Manufacturing

Obama reminds me of a three-year-old I saw when I was in first grade. My friend and I were walking to the park to play on the slides. We passed a little kid who was sitting in the dirt holding a dead robin by the lower beak and pouring water down its throat from a cup. We asked him what he thought he was doing. He said he was going to make the dead bird come back to life. We laughed at him and said, "Hey, the water's not going to do anything. The bird is already dead!" He remained unconvinced and kept pouring.
28 posted on 06/25/2011 6:58:53 AM PDT by aruanan
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To: Lonesome in Massachussets

Oh! Well, there you have it! LOL!


29 posted on 06/25/2011 6:59:25 AM PDT by basil (It's time to rid the country of "gun free zones" aka "Killing Fields")
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To: Rennes Templar

>””Stupidity is doing the same thing and expecting different results’’< Actually that’s the definition of insanity. Either way, you’re spot on.


30 posted on 06/25/2011 7:01:18 AM PDT by jmacusa (Political correctness is cultural Marxism. I'm not a Marxist.)
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To: Hoodat

Yugo: Fiat built by postal workers.


31 posted on 06/25/2011 7:03:21 AM PDT by jjotto ("Ya could look it up!")
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To: Son House

The “American Century” to which Zero refers owed much to inexpensive, domestic energy. Without that ingredient we’re just treading water.


32 posted on 06/25/2011 7:03:52 AM PDT by BillyBonebrake
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To: Son House
Reinvent manufacturing?

Unification of govt and business?

What a brilliant idea.

Why didn't somebody think of this before?

What are we going to call this “NEW” idea of unification of govt and business?

Oh! I’ve got an idea for a really catchy name that I bet will catch on.

Let's call it National Socialism, Nazism, or just Nazi for short.

Yeaaaaaaaa!

33 posted on 06/25/2011 7:04:07 AM PDT by IMR 4350
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To: basil

If they would cut taxes at the same rate they throw money around, and stay the hell out of the way of Capitalism, manufacturing and jobs would take care of themselves.


34 posted on 06/25/2011 7:08:27 AM PDT by trebb ("If a man will not work, he should not eat" From 2 Thes 3)
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To: Son House

He sure seems to be introducing a lot of crap lately for optics. Someone needs to step up and tell him to tighten his belt and stop being so thrifty with the people’s money.


35 posted on 06/25/2011 7:08:51 AM PDT by eaglestar
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To: Son House

He sure seems to be introducing a lot of crap lately for optics. Someone needs to step up and tell him to tighten his belt and stop being so thrifty with the people’s money.


36 posted on 06/25/2011 7:10:06 AM PDT by eaglestar
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To: Son House

“Reinventing Manufacturing”

A large lawn and everybody with their own pair of scissors.


37 posted on 06/25/2011 7:10:10 AM PDT by headstamp 2 (We live two lives, the life we learn and the life we live with after that.)
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To: Son House
They do realize that Caterpillar alone -- hardly a "bleeding edge" company -- spent almost four times this amount on R&D all by itself last year alone, right?

And they spent EIGHTEEN times this amount on wages during the same time?

Smells like a payoff to some connected friends.

It is terrible to contemplate how few politicians are hanged -- G. K. Chesterton

Cheers!

38 posted on 06/25/2011 7:12:36 AM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: headstamp 2
A large lawn and everybody with their own pair of scissors.

No, that would be goats.

We need to learn from the Taliban, don't you know. /sarc>

Cheers!

39 posted on 06/25/2011 7:15:37 AM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: Son House

Well hell, that’s easy then!

Why not just spend a $billion and straight up DOUBLE our manufacturing?!

Not sure why he would only half assed do it....


40 posted on 06/25/2011 7:19:20 AM PDT by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
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To: Son House
"Obama Pledges $500 Million To Reinvent U.S. Manufacturing"

More borrowed money (DEBT) distributed to OBozo's contributors that will not be accountable.

41 posted on 06/25/2011 7:23:57 AM PDT by harpu ( "...it's better to be hated for who you are than loved for someone you're not!")
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To: Son House

What is needed is to reinvent government. If only industry could teach government how to consolidate and downsize, then we’d have hope and change we could believe in.


42 posted on 06/25/2011 7:24:38 AM PDT by MulberryDraw ( Switch off the EPA.)
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To: KoRn

Obozo has to point to some “accomplishments” on the economy

it’s the old three card monty— look here not there

It has to appear that Bamster is doing Something for the Masses.
The Obamabots. The ill informed. The American idol and Justin Bieber
fans. The cayley anthony trial enthusiasts.

I agree 500 million is nothing. Why are we doing it?

The MIT President has a background in neuroscience not engineering.
I could see if he had tapped the former President of MIT, Chuck Vest
because at least his background is in mechanical engineering.


43 posted on 06/25/2011 7:26:20 AM PDT by preamble
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To: IMR 4350

You are correct, sir.


44 posted on 06/25/2011 7:26:47 AM PDT by Hoodat (Yet in all these things we are more than conquerors through Him who loved us. - (Rom 8:37))
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To: Son House
The manufacturers initially involved in the AMP will be Allegheny Technologies, Caterpillar, Corning, Dow Chemical, Ford, Honeywell, Intel, Johnson and Johnson, Northrop Grumman, Procter and Gamble, and Stryker.

Odd that Raytheon, in MIT's back yard, isn't involved, considering a $1.7 billion manufacturing contract for Patriot PAC-3 that was just landed for the huge manufacturing facility in Andover, Mass., and was rated #1 by a wide margin in the sensors category by Aviation Week... but then perhaps the leadership was astute enough to run the other way when Obama dangled the baby carrot.

45 posted on 06/25/2011 7:27:17 AM PDT by mvpel
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To: Son House

500 million dollars down the drain


46 posted on 06/25/2011 7:29:25 AM PDT by lowbridge (Rep. Dingell: "Its taken a long time.....to control the people.")
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To: Son House
"We need to reinvigorate our manufacturing sector to lead the world," Obama said in the speech. "We need to do it now. Not sometime in the future. Now."

Well, I guess the dumb-ass was too busy paying off his constituency groups (the unions and Acorn) with stimulus money to think of doing this then.

"Linking manufacturers with the latest cutting-edge research at universities and federal agencies is one step in brightening the prospects for American manufacturing. But we can't stop there.

Manufacturers have always been trying to find whatever latest cutting-edge research would give them an edge, unless, of course, they were being run by accountants and lawyers who thought it would be better to squeeze out the last 10 or 20% of, say, an aged steel mill's theoretical production capacity than to invest in a modern steel mill.
47 posted on 06/25/2011 7:32:38 AM PDT by aruanan
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To: Son House

Only liberal universities and union blessed organizations need apply...


48 posted on 06/25/2011 7:35:59 AM PDT by SueRae (I can see November 2012 from my HOUSE!!!!!!!!)
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To: aruanan
How in the World did Edison or Ford ever do built the industrial America without the Government?
49 posted on 06/25/2011 7:37:16 AM PDT by scooby321
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To: Son House
"If we are to grow our economy, we need a strong manufacturing sector," Obama said. "These investments we make today will create jobs in current industries and spur the growth of new ones."

An Anti-Business President

U.S. Chamber echoes anti-business attacks on Obama, Democrats

Inhofe: Obama Trying to Kill Oil and Gas, Force Green

50 posted on 06/25/2011 7:39:45 AM PDT by lowbridge (Rep. Dingell: "Its taken a long time.....to control the people.")
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