Re:
The Competitive Edge -- Bridging the Divide Between Wall Street and Main Street
The absolute fastest way to re-establish our American industrial superiority is to manufacture in the United States. How simple. Why hasn't anyone else thought of this? It's not complicated. Buy a building.
1. Put in machines. Hire people. Purchase raw material. Ship products to waiting customers which the companies must already have from their foreign operations.
2. Convince Uncle Sam to purchase its military needs from the U.S. manufacturers first.
3. Convince Wall street to look long term, not just 13 weeks (next quarter results)in advance.
4. Look back 10 years and think of the drubbing the auto industry would have taken from Wall Street for switching to smaller, fuel efficient cars.
5. Now look forward 10 years and imagine that U.S. manufacturing again reigns supreme and our economy is again a three legged stool. i.e. government - retail - manufacturing.
Wow - A stable, fully employed workforce, producing goods which benefit the U.S. economy and stabilize our balance of trade, reduce our national debt and provide promise for our young people.
J. Conlon
Farmington, Conn.