Super Advanced Manufacturing Initiative
email with questions: criswellejames@netscape.net
- The United States has a manufacturing problem.
- The United States needs a manufacturing policy.
-
The solution to our decrease in manufacturing problem is not tariffs
- Tariffs are regressive.
- Tariffs cause a regression in efficiency for both the tariffing country and the importer.
- Tariffs don’t address the core problem.
- The core problem is not enough things being produced in the United States.
- The core problem is not the loss of manufacturing jobs.
-
The solution is Super Advanced Manufacturing
- The core goal is getting the cost/quality structure of producing goods in the United States down with respect to other countries making said good.
- Develop an index that measures the necessity of building certain products in the United States.
- This index can be a formula that is applied to any particular product that is either currently not made in the United States or made very little in the United States.
- The amount of reward for this product will be applied based on the index score that a particular product enjoys.
-
Incentives are way more powerful than punishment
- Tariffs are punishment.
- Use something that is uniquely American.
- Use the power of the American market.
- Use the power of the American educational system.
- Incentive rewards will not be paid out until after new cost structure and manufacture at a price lower than foreign competition has been achieved.
-
Reward companies that innovate to produce goods in America at lower costs.
- Create new corporate entities whose sole purpose is to seek to make a profit by rewarding companies for making products at a cheaper cost than their counterparts in foreign countries.
- This reward is not a subsidy. Subsidies do not work very well and they distort the market.
- The reward will come from for-profit entities that are set up to reward companies that achieve a lower cost structure than their competition.
- The reward will only be paid out once the company achieves a more favorable price than its competition in other countries and can prove it with an audit of its books.
- Once the cost structure is achieved, a payout will happen to the company that achieves it.
- The amount of payout is based on the amount of parts and assembly that takes place within the United States.
- Tariffs only allow a company to make a profit selling to the US. Innovating and making a product cheaper will allow you to sell to the whole world.
- The Index formula
- Bring all tariffs to zero regardless of what our trading partners set their tariffs at, except for specific things that we deem necessary for national security.
-
The Criswell Accelerated Competition and Trade Act (CACTA)
- Legislation that lays out the details of the act.