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Reshoring: Let's stick to the facts please

from Plastics Today

Doug Smock writes: "J.M.Barrie, the Scottish writer who created Peter Pan, once said: 'Dreams do come true, if we only wish hard enough.' This comes to mind because of the recurring media stories trumpeting a reshoring of manufacturing jobs in the United States. Well, in yesterday's New York Times, Steven Rattner rained on that parade with a strongly argued opinion piece headlined: 'The Myth of Industrial Rebound.' Rattner is a consultant, former investment banker and lead adviser to the Presidential Task Force on the Auto Industry in 2009. Rattner's work on General Motors and Chrysler turned out pretty well, even though I was among those strongly opposed to government support of the auto industry. more


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