We need tax reform to make it easier to invest in American businesses, American products and American workers. It’s time for Congress to usher in a new era of American prosperity
“As Factory Jobs Disappear, Ohio Town Has Few Options.”
That headline from the New York Times has become an all-too-familiar staple of American journalism, a bitter reminder of how globalization has decimated the manufacturing sector in America’s heartland.
Ohio alone lost 160,000 manufacturing jobs over a three-year period, thanks largely to low-cost imports. The Times story describes the heartache this economic upheaval sent through the city of Canton, shuttering factories, spurring hundreds of layoffs and forcing local businesses to declare bankruptcy. One 54-year-old woman who lost her job at a local steel mill told the Times, “We don’t have too much light at the end of the tunnel.”
