Presentation by Cisco Click to add information – And this is important also • Don’t forget the little stuff – And again Presentation by Pat Cleary National Association of Manufacturers “Cost of Capitol: Removing the Handcuffs” pcleary@nam.org/202.637.3124 Shopfloor.org Fun Facts About Manufacturing: Over One-eighth (13%) of Gross Domestic Product • 80% > retail • 88% > construction, mining and agriculture • 175% > transportation and utilities Standing alone, it is: The world’s 8th largest economy Larger than the economies of: -Spain -Canada -South Korea and Mexico combined Manufacturing is responsible for nearly two-thirds (62%) of all U.S. exports of goods and services. -Agriculture: $60billion/yearly -Manufacturing: $60billion/monthly Manufacturing is responsible for three fifths of all industrial R & D Manufacturing is responsible for 90% of all patents. Manufacturing employs 14 million people LEAN NOT SPOKEN HERE Principles of Lean “Define Value” “Eliminate Waste to Make Value Flow” Reduce the costs of doing business in the US NAM Study: 22% cost disadvantages vs. trading partners Challenges: – Taxes – Health Care (1/6 of GDP) Regulations: --$180 billion cost of regulation --$32 billion workplace --Highest environmental costs Legal Costs (2% of GDP) Larger than the economies of: Hong Kong Vietnam Portugal Algeria Romania Czech Republic Denmark Chile Norway Finland ……..and 173 others Hungary Venezuela Peru Israel Ireland Morocco Nigeria Kazakhstan Singapore Belarus Energy Cost – Natural Gas Energy Cost – Resources Our Message Manufacturing is critically important to the US economy and standard of living. We are challenged as never before, here and abroad. Before you vote/take action ask yourself “will this make US manufacturing more or less competitive?” We will be watching how you vote and We will be informing our employees. “Just because you do not take an interest in politics doesn’t mean politics won’t take an interest in you.” -Pericles “The penalty that good men pay for not being interested in politics is to be governed by men worse than themselves.” -Plato pcleary@nam.org/202.637.3124 Shopfloor.org