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Transcript 
MEMA APRC Fall 2006 Conference
“The Manufacturers’ Agenda on Capitol Hill”
Thursday, October 12th, 2006
Patrick J. Cleary,
Senior Vice President,
Communications, NAM
Manufacturing Strengths:
12% of Gross Domestic Product
●80% > Retail
●62% > Construction, Mining and Agriculture
●150% > Transportation and Utilities
Standing alone, it is:

The world’s 8th largest economy

Larger than the economies of:
-Spain
-Canada
■Equal to Mexico and India combined

Manufacturing is responsible for nearly twothirds (62%) of all U.S. exports of goods and
services.
-Agriculture: $60billion/yearly
-Manufacturing: $60billion/monthly


Manufacturing is responsible for three fifths of
all industrial R & D
Manufacturing is responsible for 90% of all
patents.

Manufacturing employs 14 million people
Manufacturing Challenges
1. Reduce the cost of doing business
2. Level the playing field
3. A tax system that encourages innovation
and investment
4. A workforce ready for the 21st Century
Workplace
1. Reduce The Cost Of Doing Business
-31.7% Cost disadvantages vs. Our trading partners/competitors
-Non-Wage Costs
-Doesn’t include cost of Workplace Regulations
-Highest Pollution Abatement Costs in the World
-2nd Highest Corporate Tax Rate in the World
-Highest Natural Gas Prices in the World
-Highest Tort Costs in the World
Energy Costs
Supply/Demand:
-Natural Gas: 420 Trillion Cubic Feet
-Coal: Exceeds World’s Oil Resources
-ANWR
-Nuclear
Legal Costs
-2% of GDP
-Larger than the economies of:
Hong Kong
Hungary
Vietnam
Venezuela
Portugal
Peru
Algeria
Israel
Romania
Ireland
Czech Republic
Morocco
Denmark
Nigeria
Chile
Kazakhstan
Norway
Singapore
Finland
Belarus
……..and 173 others
2. Level Playing Field

Vis a vis China, this means:
-No currency manipulation
-Respect for intellectual property
-No illegal subsidies
-Compliance with all WTO rules
■ More Free Trade Agreements
3. Tax System That Encourages
Innovation & Investment
-Make Tax Cuts Permanent
-R&D Tax Credit
The United States Leads
The way in Innovation
Manufacturers Are
Technology Leaders
4. A Ready Workforce
Chart 1: Engineering Degrees
Number of first
university degrees
210,000
China
140,000
Japan
70,000
United States
Korea
0
1985
1990
1995
2000
Source: National Science Foundation
Chart 2: U.S. Graduate Degrees in Mathematics, Engineering
and Physical & Computer Sciences
Share
100%
75%
72%
54%
50%
46%
U.S. Citizens
Non-US Citizens
25%
28%
0%
1983
2001
Source: National Science Foundation
Solutions
Lean Not Spoken Here
Prosperity Project
www.nam.org/P2
Solutions
1. Reduce Cost of doing business
Taxes
Regulations
Legal Costs
Energy
2. Level Playing Field:
Open New Markets
3. “Which is More Important?”
4. Stand Out of Our Light
[email protected]/202.637.3124
www.ShopFloor.org
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