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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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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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To: driftdiver

Exactly. Once the public-private partnership funded by the government invents and develops a prototype,most likely the manufacture will take place overseas because it would be too costly to manufacture stateside. The problem of vanishing manufacturing jobs is systemic relating to unfair trade, high corporate taxes and overregulation. Inspector Clouseau Obama is looking for the body in the closet while it lies right there at his feet.


51 posted on 06/25/2011 7:39:49 AM PDT by chuckee
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To: Son House
Ever notice that when Obama confiscates our wealth and redistributes it into his Marxist State without our knowledge or approval, he calls it an “Investment”.

Obama was correct about being “transparent”, but not in the sense that he is aware of.

52 posted on 06/25/2011 7:40:51 AM PDT by PSYCHO-FREEP (Always Remember You're Unique.......(Just Like everyone Else.))
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To: Repeal The 17th
WALLET 1
53 posted on 06/25/2011 7:41:10 AM PDT by baddog 219
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To: Son House

We need more robots

Guy goes into a bar, there’s a robot bartender.

The robot says, “What will you have?” The guy says, “Martini.” The robot brings back the best martini ever and says to the man, “What’s your IQ?” The guy says, “168”. The robot then proceeds to talk about physics, space exploration and medical technology.

The guy leaves, but he is curious, so he goes back into the bar. The robot bartender says,” What will you have?” The guy says, “Martini”. Again, the robot makes a great martini, gives it to the man and says, “What’s your IQ?” The guy says, “100.” The robot then starts to talk about NASCAR, Budweiser and John Deere tractors.

The guy leaves, but finds it very interesting, so he thinks he will try it one more time. He goes back into the bar. The robot says, “What will you have?” The guy says, “Martini”, and the robot brings him another great martini. The robot then says, “What’s your IQ?” The guy says, “Uh, about 50.” The robot leans in real close and says, “So, you people still happy you voted for Obama?”


54 posted on 06/25/2011 7:51:00 AM PDT by don-o (Please say a prayer for FReeper Just Lori.)
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To: Son House

“...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. “

In other words, this is yet another program that will be used to promote Unionism, which is the Left’s answer to anything and everything having to do with “manufacturing”. By default, without the government’s help, a private employer is engaging in some sort of “unfair labor practice” and deserves to have someone looking over his shoulder at every move he makes.

And just where does the money for this come from?? Are we looking at yet another Czar...??


55 posted on 06/25/2011 7:51:20 AM PDT by Bean Counter (Your what hurts??)
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To: Son House

If you want government to help industry while also executing it’s other constitutional duties to defend us from external enemies? Then put that half billion toward another Ford class aircraft carrier or Ohio class SSBN replacement.

Don’t waste it on crony capitalist syndicates like this. This just breeds corruption and encourages waste of our tax money.


56 posted on 06/25/2011 7:56:40 AM PDT by Wildbill22
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To: Son House

3.8 Billion for Pakistan to do shopping in China and only $500 million to Americans.


57 posted on 06/25/2011 7:59:08 AM PDT by jennychase
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To: Son House
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.

I wonder if Jeff Immelt feels left out?

58 posted on 06/25/2011 8:05:40 AM PDT by upchuck (Think you know hardship? Ha! Wait till the dollar is no longer the world's reserve currency.)
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To: Hoodat
Here's the kicker for ya.

Zippo is a Marxist to the bone. 100% govt control is what he believes in. Private ownership of business, or anything, doesn't exist in his Utopian world, so this partnership of govt and business isn't his plan.

The Nazi in this bunch is Hillary “Third Way” Clinton.

There's your puppet master.

59 posted on 06/25/2011 8:05:58 AM PDT by IMR 4350
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To: Son House
WHY do we need a Fed Gov to “Invest” in manufacturing? I thought that is what investors and the private sector did. NASA used to be utilized to develop Space and Aircraft technologies, but boy king barry has changed NASA's charter to make Muslims “feel good” about themselves.
60 posted on 06/25/2011 8:10:19 AM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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