Think about not only the shareholders, but also the employees, customers,
suppliers, and sectors before planning any outsourcing, Congressman Don Manzullo
(R-IL) urges America's CEOs at the National Manufacturing Week in Chicago.
Manzullo, also the Chairman of the House Committee on Small Business, told
the 200-plus attendants to his "Restoring Manufacturing in America" speech on
Monday that today's CEOs are trapped in a culture where they believe outsourcing
could cut costs, hence increase stock values of their companies. He warned,
however, that such a belief is short-range planning that is leading to long-term
According to the HCSB, the U.S. manufacturing sector has seen 42 consecutive
months of significant job losses and unemployed workers number rising to above
Manzullo suggested that CEOs of U.S. manufacturers--large or small--should
"outsource to America."
"There're areas in this nation where people are willing to work $7, $10
an hour," he said. "Outsourcing to America will at least keep the jobs
Other solutions that could help restore U.S. manufacturing include requiring
federal agencies to buy more American-made products, Manzullo added. The
government should also consider raising loan levels for small- and medium-sized
manufacturers, which account for more than $1 trillion in receipts, according to
a 2001 National Association of Manufacturers study, and employ half of all
manufacturing workers, he noted.
The speech by Manzullo was a part of the "Play Your Part" rally by the
National Association of Manufacturers.
"This rally will help us raise awareness of the critical importance of a
strong manufacturing base to American prosperity, the challenges facing U.S.
manufacturers today, and the need for pro-growth public policies that will
ensure a vibrant U.S. manufacturing base in the future," said NAM President
Jerry Jasinowski in a statement.
For more information on the "Play Your Part" rally, visit www.playyourpart2004.com.