United States is more competitive in manufacturing.

A new Boston Consulting Group study shows that the US is getting more affordable for manufacturing. (Read the study here)

This has been coming for a while, and is the result of improved productivity in the United States, and increased wages in other countries. What this means is that it should be fairly easy to make the United States even more of a manufacturing power house then it already is. To do this we need to

1-Increase worker productivity by improving people's ability to get educated in advanced manufacturing, and continuing to push new technologies that improve worker productivity.

2-Reduce regulatory costs on businesses by streamlining these so they don't have to spend as much time and money to meet them.

3-Realize that as long as we are one of the only countries which taxes businesses on money they earn over seas, they won't bring this money back to the United States to invest in new factories and research labs. Right now companies have nearly 2 trillion dollars overseas (Read Bloomberg's article on this). If they invested just 1/5 of that in this country it could potentially create over 1 million jobs directly. Further as each new manufacturing job creates more than 2 new service jobs millions more jobs are possible. 

4-Reassure companies that our laws will be stable and that its safe to invest in factories in the U.S.