Regrow Manufacturing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Our manufacturing labor market. and the jobs we're bringing back, you know, there was a great "new york times" story that said, ge is bringing back jobs home. great. the jobs that were there before paid 30 bucks an hour. the new jobs ge brought back home paid $12 to $20 an hour. so, yes, we have to do better in manufacturing and drive the wages up there, too. >> a really good point. scott, let me ask you. do we lose out on innovation if we don't have more manufacturing jobs or bring back more? my dad who worked in industry, he says, innovation happens on the factory floor, from a guy on a line...

We could expect that trend to continue. we can also expect to see rising wages overseas. that makes u.s. manufacturing look a lot more competitive. what we don't know about is christine, is public policy, and i firmly believe that we need the right public policies, both internally and then with our trade policies, to achieve that 1 million jobs goal. i think we can get it done. i think there's public support for it. and i do think it's an economic imperative we try to grow manufacturing. regrow manufacturing. i don't think it's a guarantee. >> let's bring in richard. the question is, manufactu...

>> let's be clear. richard when you're hollowing out at middle, a middle used to be powered by those manufacturing jobs, and you remace it with jobs that don't even pay enough to send the kid to college, let alone buy a house, that's a real problem for the economy. you could have strong manufacturing but a not strong middle. it's not something people want to hear. >> so, the first thing we have to do is make those bad jobs better. we can't go anywhere with 60 million crappy low-wage service jobs. my dad worked at a factory. he started in 1934. took nine people to make a family wage. he came ba...