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Grow older and retire. you talk about six, seven or eight jobs for every job that s on the manufacturing floor. this country has not had a manufacturing policy for a long time. i think president obama is doing more for manufacturing than any president has in a long, long time. between the innovation institutes like the one up in youngstown, ohio, or this particular program that s going to facilitate these communities to work together and draw down federal money, you ve got to have a public-private partnership. this is why the argument of no government never really works, because anyone who does economic development on the ground, and i know the mayor of dayton and the mayor of cincinnati, and the dayton development coalition and wright pat air force base, all those people in southwest ohio know that it takes that delicate balance of public-private partnership. this new program, the president is smart enough to know, is going to allow those local communities to be able to leverage those ....
One employee to oversee the development of the manufacturing floor. one employee. today you ve got more than 250. and i understand you re hoping to have more than 300 by the end of this year. that s good news. right here in orion. [ applause ] these are just gonot just good that can help you pay the bills and support your families. these jobs are good for all of us because they make the energy cheaper, they make the products safer. what you do is sharpen america s competitive edge all over the world. that s president obama in wisconsin where he s on his push now to get americans to embrace ....
Very competitive. hyperproductive and they re actually profitable. and as you have currencies starting to normalize a little. there s a lot of inflation in china, so they might let that currency rise a bit, that s going to help even more. i would be careful of saying we want to become like the manufacturing floor for the world again. when you look at cycles, i think it s important that policy starts to figure out some of the basics about cycles, because i really don t think policy-makers get it. but when you embrace say manufacturing sectors and if we were all kind of exporters, we would be very cyclical. much more cyclical than we are now. meaning we would have big booms and big busts. christia freeland and lakshman achuthan, coming up, cutting costs and creating jobs. , we ll invest in renewable-energy energy-efficiency ....
A lot of the manufacturing sectors have become very lean, very competitive, hyper productive, and they re actually profitable. and as you have currencies starting to normalize a little, there s a lot of inflation in china, so they might let that currency rise a bit, that s going to even help more. i d be careful of saying we want to become like the manufacturing floor for the world again, because when you look at cycles, and i think it s important that policy starts to figure out some of the basics about cycles, because i really don t think policymakers get it, but when you embrace, say, manufacturing sector and if we were all kind of exporters, we would be very cyclical, much more cyclical than we are now. meaning we would have big booms and big busts. great to see you both. two big challenges cutting the deficit and creating jobs, can both be done at the same time? ....
Maryland, and diane swank, from chicago. good to see you both. you re both so great at explaining these things. diane, let s talk about this, because i have a lot of viewers who are connected to the manufacturing industry one way or another. and they don t want to hear that manufacturing in this country is dead, and that americans are not competitive. but the fact is, there are some things we can t make in america for the price that people want to pay for them. well, that s true. although i think it s a real misnomer that we don t make anything anymore. we make a lot of things. in fact, much of the decline in manufacturing employment was more your first point, due to automation than outsourcing. another part of the decline and manufacturing employment has been because in fact people don t work in many temporary workers work on a floor, and during the manufacturing era of the 190s, we saw half of temp jobs in illinois were going to work in manufacturing floor and they showed up in t ....