One of the best interviews on manufacturing we’ve ever heard was on NPR Tuesday, when Morning Edition host Steve Inskeep spoke with Andrew Liveris, CEO of Dow Chemical Co. Liveris discussed the primary themes in his new book, Make it In America: The Case for Reinventing the Economy, and touched on many of the priorities facing manufacturing in the United States — trade, taxes, innovation, energy.
Mr. LIVERIS: Well, I not only have high taxes, I have uncertain taxes. Right now, I have more regulations coming at me that are not fact-based, not science-based, not data-based. I actually don’t even know what my costs are going to be in the next five years. And so I’m sitting back waiting for regulatory reform, and the government, of course, is now engaged on that – health care and the uncertainty around the health-care bill, and what’s going to end up happening there. Energy policy – we’ve got lots of uncertainty in the energy policy regimen. I mean, I can keep going, but that’s half a dozen.
INSKEEP: Well, you keep using the word uncertainty. It sounds like you almost don’t care what the rules are as long as you know what they are and what they’re going to be five years from now.
Mr. LIVERIS: The choice – bad policy versus uncertain policy – is a tough choice. I don’t think we have to go there. (continue reading…)