Venkatesh “Venky” Narayanamurti on U.S. manufacturing going abroad

Exporting America’s Future
Los Angeles Times
March 26, 2012
Op-ed by: Venkatesh “Venky” Narayanamurti, Benjamin Peirce Professor of Technology and Public Policy and director of the Belfer Center’s Science, Technology, and Public Policy Program
Topic: U.S. manufacturing going abroad 

“We all know the United States has a jobs crisis. President Obama further acknowledged it when he made manufacturing a top priority in this year’s State of the Union address. He has his eye set on fixing the tax code to keep jobs onshore, training young people to fill them, reforming immigration to retain workers once trained and setting new standards to drive innovation and create more jobs. That’s all good news for the nation; it’s practically an industrial policy.

In all this, though, there’s a worrisome undercurrent. The United States didn’t just suddenly find itself in this crisis. Our nation has worked long and hard to get here, after decades of so-called free markets while other nations tilted the playing field, of American jobs going offshore, of politicians, economic advisors and industrialists finding common cause in letting manufacturing move to Asia and Latin America.” 

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