Sand in the Gears: How Public Policy Has Crippled American Manufacturing

ISBN-10: 1612345883
ISBN-13: 9781612345888
Edition: 2013
Authors: Andrew O. Smith
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Description: American manufacturing has been on the decline for at least two generations; that fact is plain to any observer who travels through the Rust Belt of the Midwest, where the closing of steel plants and automobile factories has created ghost towns that  More...

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Book details

List price: $29.95
Copyright year: 2013
Publisher: Potomac Books Inc
Binding: Cloth Text 
Pages: 320
Size: 6.25" wide x 9.25" long x 1.25" tall
Weight: 1.320
Language: English

American manufacturing has been on the decline for at least two generations; that fact is plain to any observer who travels through the Rust Belt of the Midwest, where the closing of steel plants and automobile factories has created ghost towns that dot the landscape. It is also clear in the dormant New England textile mills, whose owners surrendered their production first to cheaper mills in the Southeast before they, in turn, lost out to Asian labor.What caused this calamity, and what can be done about it?Andrew Smith argues that we lost our manufacturing not to forces beyond our control, such as globalization and cheaper labor overseas, but as the result of misguided policies that are well within our abilities to reform for the benefit of manufacturing. Examining six areas of public policy—the tax system, health care, the legal system, workers’ compensation,government regulations, and labor policy—Smith demonstrates that in each of these areas, the current policy choices have created a hostile environment for manufacturing. Grounding his arguments not in polemic or ideology but in historical analysis and current research, Smith illustrates his points with real-world examples to show how a new social compact can fix the problems that manufacturers face without sacrificing public policy goals.

List of Illustrations
Introduction
Prologue: Yankee Ingenuity
Manufacturing
Taxes: The Good, the Bad, and the Ugly
Health Care, Heal Thyself
Law Hurts
The Cost of Justice
"Workers" Compensation
The Regulatory Environment
Unions
A New Social Compact
Making It Happen
Conclusion
Acknowledgments
Notes
Selected Bibliography
Index
About the Author

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