EconoMeter panel weighs campaign promises on a reality meter

Q: Can the U.S. bring most of the manufacturing jobs back that were lost to other countries in recent decades?

Bob’s Answer: YES

We need tax, regulatory and energy reform. Our tax code is among the most expensive in the industrialized world and it is indeed possible to bring manufacturing jobs back to the U.S. by cutting the corporate tax rate, negotiating better trade deals with China and easing regulations. That would help level the playing field for new manufacturing jobs including energy-related oil and natural gas production, refining ever-cleaner fuel and reducing greenhouse gas emissions.

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