Timmons: “The American People Have No More Decent, Principled and Honorable Public Servant in Office Today Than the Speaker.”
Washington, D.C. – National Association of Manufacturers (NAM) President and CEO Jay Timmons released the following statement on the retirement announcement of House Speaker Paul D. Ryan:
“Paul Ryan is a man of the highest character and values, and his departure from elected service and the Speakership will leave a huge void in our country’s soul. The men and women of manufacturing have no stronger ally and advocate in Congress than Paul Ryan. And the American people have no more decent, principled and honorable public servant in office today than the Speaker.
“Those character traits are desperately needed throughout our political system today and at all levels. Voters should insist that candidates—regardless of their political philosophy or political party—embrace and live the values that exemplify the life and service of Paul Ryan. The business community, for its part, should use our influence and resources to encourage men and women of character to run for office, and we should vigorously support them in their efforts. Only by embracing these types of candidates will we be able to end the vitriol and divisiveness of today’s politics and restore the faith of Americans in our government structure.
“The public policy legacy of Paul Ryan is strong, and it will survive the test of time. As a member of Congress from the 1st District of Wisconsin, as chairman of the Budget Committee and the Ways and Means Committee and now as second in line to the presidency as House Speaker, Paul Ryan has never faltered from his fundamental belief that America succeeds when the forces of free enterprise, competitiveness, individual liberty and equal opportunity are unleashed. Because of his unparalleled leadership, especially during this Congress, manufacturers have been provided the tools we need to invest in new plants and equipment, hire new workers and raise wages and benefits for our employees.
“In addition to the gratitude that manufacturers extend to Speaker Ryan, we remain equally indebted to his amazing wife Janna and their three beautiful children for the sacrifices they have made as the family members of an elected official. Life is made up of many choices, and Paul Ryan has wisely chosen his family as his first priority, just as he always has. Manufacturers will greatly miss him in Congress, but we hope his service to the people of this country has simply taken a momentary pause and that he will be back on the trail again someday.”
The National Association of Manufacturers (NAM) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12 million men and women, contributes $2.25 trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts for more than three-quarters of private-sector research and development. The NAM is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.
Manufacturers large and small are facing growing threats around the world to their intellectual property (IP) and need stronger, smarter U.S. government actions to protect it. Speaking today to an interagency U.S. government panel focused on global IP challenges, the National Association of Manufacturers (NAM) stressed that IP remains the lifeblood for American manufacturers and is fundamental to U.S. manufacturing, economic growth and high-paying, high-skill jobs.
Today’s public hearing was convened by the Special 301 subcommittee as part of the Office of the U.S. Trade Representative’s (USTR) formal process for drafting its Special 301 report. The hearing follows the NAM’s February 6 detailed written submission that highlighted challenges facing manufacturers in nearly 50 countries around the world. The USTR’s final report, slated for release next month, will identify actions taken by other countries that deny adequate and effective IP protection and enforcement. Notably, the report classifies countries into different categories based on the level of U.S. concern with their IP practices, triggering follow-up dialogue and action with specific countries.
In a statement today, NAM Director of International Business Policy Ryan Ong stated, “Innovation and intellectual property (IP) are crucial to that [U.S. economic] success, and the foundation of a globally competitive manufacturing base… These strong [IP] protections are critical for manufacturers of all sizes, but particularly for small and medium-sized manufacturers, for whom the cost and complexity of defending their IP rights around the world can be prohibitively high.”
“Unsurprisingly, manufacturers face challenges in foreign markets from governments that flout international rules and restrict effective protection and enforcement for U.S. IP through their policies and activities,” Ong added. He highlighted specific cross-cutting issues impacting manufacturers around the world, including:
- Increasing attempts to weaken the global IP framework through specific activities and initiatives in international organizations and forums;
- New threats from countries seeking to undermine patent protections that support strong U.S. exports of innovative products;
- Growing infringement of trade secrets and business confidential information, caused by weak trade secrets regimes and increasingly sophisticated infringers using both physical and electronic means; and
- Growing counterfeiting and piracy in markets around the world.
Ong called upon the U.S. government to “make strategic use of all available options to promote and protect innovative American manufacturing.” These options must include strong, enforceable IP protections in trade negotiations, such as the North American Free Trade Agreement (NAFTA) and other bilateral dialogues. The United States must make strategic, results-oriented use of domestic tools, such as Special 301 and the Trade Facilitation and Trade Enforcement Act as well as World Trade Organization enforcement proceedings. Moreover, U.S. government agencies must also promote a pro-IP message in regional and multilateral forums, actively engage with like-minded allies and international platforms and operate creative training programs with foreign governments to cultivate other pro-IP voices.
Given the strategic importance on strong IP protections voiced by President Donald Trump and members of his administration, manufacturers across the country call on the U.S. government to promote strong IP protections. Our manufacturing competitiveness depends on efforts by the U.S. government and the industry to use all available tools to open new markets and break down barriers, thus growing high-paying jobs in innovative manufacturing that we all want to see.
Last year, the Trump administration approved final construction of the long-paused Dakota Access Pipeline (DAPL) in North Dakota. Six months later, the pipeline is fully operational, and it is already delivering economic benefits for thousands of manufacturing workers.
A new editorial from The Wall Street Journal takes a look at the pipeline’s performance and runs through the numbers. Not only is the pipeline creating more jobs, but it is generating additional revenue for the state:
Between September and October alone, oil production grew by 78,000 barrels a day, the biggest month-over-month increase North Dakota has ever seen. The state peaked at around 1.185 million barrels a day that month—135,000 barrels more than it produced daily before the pipeline was operational. Compared with January 2017, North Dakota has an additional 15 drilling rigs currently in operation…
Increased oil production has resulted in job growth. North Dakota’s unemployment rate was 2.3% in November, and more than 850 existing wells need fracking crews. State revenue rose by about $43.5 million in the first five months the pipeline was operational. And solely because of the Dakota Access Pipeline, the state is on track for $210 million to $250 million in additional tax revenue by the end of this biennial budget period.
The editorial also points out that the pipeline has drastically reduced oil train traffic in the state, which is a win for the environment considering that oil spills occur much more frequently on trains than in pipelines.
In 2015, a study on the economic effects of pipeline construction commissioned by the National Association of Manufacturers found the following:
- From both construction and maintenance in 2016, crude oil pipelines supported 243,167 jobs, including 28,438 manufacturing jobs.
- Crude oil pipelines contributed $46.9 billion to GDP, including $7.6 billion from manufacturing.
- At least 66 different manufacturing subsectors, out of 86 total, benefited from the construction of crude oil pipelines by $10 million or more in 2015 alone. These include iron and steel, fabricated metals, cement, machinery and paints and coatings.
So far, the benefits of the Dakota Access Pipeline are already materializing for thousands of manufacturing workers in North Dakota. It is yet another reason why the administration, Congress and our local and state leaders should be encouraging crude oil pipeline investment.
“The current House and Senate limitations on interest deductibility will force businesses to…”