NAM weighs in on fiscal cliff
The National Association of Manufacturers (NAM) is urging President Obama and congressional leaders to focus on restructuring entitlement programs to avoid the so-called fiscal cliff.
“Manufacturers and their employees across the nation are already struggling due to the uncertainty of the fiscal abyss. By the end of 2012, the U.S. economy will have taken a 0.6 percent hit to GDP as a result of our fiscal crisis. Manufacturing will remain a central player in our economic future and in solving the fiscal abyss," said NAM president and CEO Jay Timmons.
"Manufacturers believe that a responsible solution is one that does not harm the economy with massive tax increases on job creators, but focuses on repairing the structural imbalances in entitlement programs. The importance of coming together for a solution can’t be overstated. Manufacturers who employ 12 million men and women in America are looking to the President and Congress for a resolution that promotes growth and protects jobs,” Timmons said.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
