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Is anyone angry over manufacturing industry’s demise?



Published: Thu, January 28, 2010 @ 11:17 p.m.

YOUNGSTOWN — Where is the rage, wonders an editor who has covered the devastation of the U.S. manufacturing industry.

Industries have disappeared at an alarming rate because of what Richard McCormack considers unfair trade and foreign currency manipulation.

Recent stimulus and jobs bills coming out of Washington, D.C., have only made it worse, said the editor and publisher of Manufacturing & Technology News, who spoke Thursday at a Williamson Symposium put on by Youngstown State University’s business school.

The Virginia-based editor said the bills contain few incentives for creating private-sector jobs, while they add to the nation’s mounting debt.

“Manufacturers think it has backfired because they think they have to pay the bill,” McCormack said.

For the complete story, see Friday’s Vindicator or www.vindy.com.


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