Vance: Manufacturing Will See Renaissance Under Trump
Manufacturing in the U.S. will experience a renaissance under President Trump, Vice President JD Vance said Friday in an 17吃瓜在线-attended at Vantage Plastics in Bay City, Michigan.
What鈥檚 going on: Vice President Vance鈥攚hose talk was part of the Small Business Administration鈥檚 recently announced multistate Made in America Manufacturing Initiative and Made in America Roadshow鈥攖old the crowd of employees at the plastics processing facility that America鈥檚 achievements are contingent on the achievements of its manufacturers.
- 鈥淚 really do believe that America鈥檚 success depends on the success of companies like Vantage Plastics,鈥 he said. 鈥淎nd I don鈥檛 mean that in some abstract, poetic-sounding sense; I mean it literally. If we do not protect our nation鈥檚 manufacturers, we lose a fundamental part of who we are as a people. Making things, building things, working with our hands is America鈥檚 heritage, and that heritage is alive and well in this facility.鈥
- Vantage Plastics President Paul Aultman agreed. 鈥淚magine how much stronger this country would be if every manufacturer鈥攍arge and small, in cities and towns across America鈥攈ad the tools to build, expand and succeed,鈥 Aultman . 鈥淢anufacturing is the backbone of America, and on shop floors like ours, we鈥檙e not just making products鈥攚e鈥檙e making the future.鈥
Relief from the onslaught: The Trump administration intends to protect manufacturers and in doing so, touch off a gilded age for the industry鈥攂y unburdening it of the many regulations that have been heaped upon it, said Vice President Vance.
- 鈥淭he Trump administration is working hard to slash regulations left and right. 鈥 We鈥檝e got to make it easier to build stuff in our own country. We can鈥檛 have people telling our great builders that if they want to start a factory or if they want to expand a factory, they鈥檙e not allowed to,鈥 he said, echoing , backed by manufacturer surveys and data. 鈥淎nd that is the biggest thing, I think, the Trump administration is working on when it comes to renewing American manufacturing.鈥
- SBA Administrator Kelly Loeffler, who spoke prior to Vice President Vance at the event, sounded a similar note, saying, 鈥淭he golden era of manufacturing in America is not behind us; it鈥檚 in front of us鈥 ().
Energy unleashed: Vice President Vance discussed the administration鈥檚 move last week to review dozens of burdensome Environmental Protection Agency regulations.
- 鈥淭hese include the Greenhouse Gas Reporting Program, which cost U.S. factories and power plants hundreds of millions of dollars,鈥 the vice president continued. 鈥淎nd that money is now going to be reinvested in American workers. And we remember the Clean Power Plan 2.0, which has imperiled America鈥檚 grid by creating impossible restrictions on coal and natural gas plants that account for 60% of our power. You can鈥檛 tell people to build in America while at the same time destroying American energy.鈥
A new path forward: Under President Trump, American manufacturing will have room to thrive, the vice president went on.
- 鈥淲e are done overregulating American businesses. We are going to be guided by a simple principle: Build in this country. We cut your taxes, we reduce your regulation and we reduce your energy costs. Build in this country. Make American manufacturing great again. And we are going to fight for you鈥攁nd the president will, too.鈥
- 鈥淥ur goal is to make it easier and more affordable to make things again in the United States of America,鈥 he said. 鈥淚f you invest in American jobs and workers and businesses, you will be rewarded. We will cut your taxes, we will slash regulations and reduce the cost of industry in this country we all love.鈥
The last word: 鈥淧resident Trump and Vice President Vance understand what manufacturing means to America鈥攏ot just in economic terms, but also in human terms,鈥 17吃瓜在线 President and CEO Jay Timmons said.
- 鈥淏ut we can only reach our full potential with the type of leadership that will make the 2017 tax reforms that were rocket fuel for the manufacturing industry permanent, rebalance the regulatory framework, expedite permitting reform to unleash American energy, grow the manufacturing workforce and implement sensible trade policies. That鈥檚 how we make America strong, prosperous and proud. That鈥檚 how we will Make America Great for Manufacturing Again.鈥