Trustee Elections
These are the original issues in this subcategory
  • TRADE WAR
  • WORLD TRADE ORGANIZATION
  • RESHORING
Winning Issue » RESHORING


Offshoring occurs when businesses move factories, facilities and jobs overseas, while reshoring is when businesses return to the country from which it was originally relocated. It is difficult to know the exact number of American jobs that have been lost to offshoring because our government doesn’t keep relevant records, and corporate reports are not reliable. However, it is known that since 1997, America has lost more than 91,000 manufacturing plants and nearly 5 million manufacturing jobs - mostly to Communist China. Advocates claim these stable, middle-class jobs have been a backbone of the U.S. economy for decades, and these losses have done great damage to many American communities across our nation. And although offshoring has been an economic boon to China, it has been a disaster for the quality of its air and water, and the health of its people. Low overseas labor costs were cited by our executives as the biggest reason these firms relocated, but critics say China’s weaker labor and environmental protection laws had at least as much to do with their decision.

Offshoring opponents say they want our jobs back. They also claim that, for national security reasons, we need a healthy manufacturing sector to ensure the availability of critical items. They claim the Coronavirus pandemic showed how weak our “just-in-time” supply chain can be.
Offshoring proponents claim products will cost more for consumers if we relocate factories back to the U.S. They also say that even if we did so, automation and robotics would still keep us from recovering most of our lost manufacturing jobs.

Proposed Legislation: Reintroduction of H.R.590 - RAM Act of 2021
Prospective Sponsor: Rep. Bill Posey (FL)



Options


  • I oppose reforming current overseas reshoring policy wish to donate resources to the campaign committee of Speaker Nancy Pelosi (CA).
  • I support allowing business taxpayers a tax credit of up to $25 million in a taxable year, for the cost of eligible reshoring expenses, including amounts paid for the transportation of manufacturing equipment from China to the United States, and wish to donate resources to the campaign committee of Rep. Bill Posey (FL) and/or to an advocate group currently working with this issue.


Winning Option
  • I support allowing business taxpayers a tax credit of up to $25 million in a taxable year, for the cost of eligible reshoring expenses, including amounts paid for the transportation of manufacturing equipment from China to the United States, and wish to donate resources to the campaign committee of Rep. Bill Posey (FL) and/or to an advocate group currently working with this issue.
There has been $0.00 pledged in support of this issue
Trustee Candidates

If elected as a trustee, the campaign committee of Rep. Bill Posey (FL) will be unconditionally awarded the funds pledged to this issue along with a letter requesting him to favorably consider either reintroducing H.R.590 - RAM Act of 2021, or a similar version thereof.

If elected as a trustee, Reshoring Initiative will be awarded the funds pledged to this issue along with a letter requesting these funds be used to work and advocate for reshoring.

About: The Reshoring Initiative, founded in early 2010, takes action by helping manufacturers realize that local production, in some cases, reduces their total cost of ownership of purchased parts and tooling. The Initiative also trains suppliers how to effectively meet the needs of their local customers, giving the suppliers the tools to sell against lower priced offshore competitors. Our #1 goal is to balance the $500 billion/year trade deficit, thus bringing back four million manufacturing jobs to the U.S.
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Trustee Election - Opening Date
December 5, 2022
Trustee Election - Closing Date
December 12, 2022