Steve
Well-known member
Pennsylvania Manufacturers' Association Endorses Sen. Rick Santorum's Jobs Plan
"To improve America's competitive position in the world and re-start our economy, something as aggressive as Senator Santorum's manufacturing plan will be necessary. Manufacturing is the engine that drives our economy because it is the sector that adds the most value and has the strongest spin-off effect on job creation through far-reaching supply chains and distribution networks. Senator Santorum clearly understands this value manufacturing has on our overall economy, and his plan is consistent with his strong, unwavering record in support of pro-growth public policy throughout his career -
Senator Santorum's jobs plan, which was released on July 5th in the Mississippi River manufacturing town of Burlington, IA, focuses on reinvigorating the "great middle of America" that has been lost over the past several decades - specifically the manufacturing sector. Among the many initiatives in the Santorum jobs plan are:
Cutting the corporate tax rate for domestic manufacturers from 35% to 0%;
Repatriating foreign income at a 5% tax rate rather than the current 35% to bring those revenues home to be investing in America;
Increasing the R&D Tax Credit from 14% to 20% and making it permanent;
Reducing the regulatory burden currently stifling American innovation, including complete repeals of ObamaCare, Sarbanes-Oxley, and Dodd-Frank; and,
Expanding domestic energy exploration to lower energy costs for manufacturers and create good paying manufacturing jobs.
Tap America's vast domestic resources to power our 21st Century economy
Rick Santorum believes we need to stop being naïve, put aside our dreams of "green jobs," and focus on the great domestic resources at our disposal. This means we need an all-of-the-above energy policy that utilizes oil, natural gas, coal, and nuclear energy to power our economy and empower the American worker. To do this, we must start by eliminating the Obama Administration's roadblocks to oil exploration in the Gulf of Mexico, along the Outer Continental Shelf, and onshore - including in ANWR. Furthermore, no new natural gas regulations, such as those being debated by Congress, should be enacted. The states are regulating the natural gas industry and there is no reason for the federal government to get involved. Federal regulation for federal regulation's sake serves no purpose - and in this instance it not only impedes job growth, but weakens our national security.
"The American worker is no longer looking for a president they can believe in. They are looking to elect a president who believes in them, and I believe in the American worker," said Senator Santorum. "We have seen what happens when government solutions are broadly applied, most vividly in the manufacturing sector. My plan does just the opposite, it frees business from the constraints of burdensome regulations and taxes that do nothing but hold back the American spirit of innovation."
I could list dozens of articles praising Santorum's approach to unleashing US manufacturing..