Speaking truth to power!

Americans thank Harry Moser

               

Reshoring breaks out of the waiting-for-policy-decisions problem of government efforts, the economic zero-sum-game of tax or borrow and spend and the increases in consumer prices from relying solely on currency adjustment. Reshoring takes jobs directly back from offshore, often from the LLCCs (Low Labor Cost Countries) that have grown so rapidly over the last decades at the expense of American workers, American manufacturing companies and the overall U.S. economy. Reshoring also focuses on the manufacturing sector which has suffered so many job losses for decades and the SMEs which offer the best potential for job growth.

Harry Moser, Reshoring Initiative’s founder, has also been named as one of the 2010 inductees into Industry Week’s Manufacturing Hall of Fame. Individuals are selected for this honor based upon their overall contribution to American manufacturing. Industry Week’s Manufacturing Hall of Fame is an institution that includes the likes of Michael Dell, founder and CEO of Dell Inc.; Jack Welch, former CEO of General Electric; and James Womack, lean guru and author of The Machine That Changed the World.

“I am honored by the recognition provided by Industry Week,” says Moser. “The U.S.’ $500 Billion+ per year trade deficit is an economic cancer causing high unemployment and raising the U.S. budget deficit. Reshoring is the most efficient and direct way to overcome part of the problem. Anything that brings more attention to this cause is good for our country. If your company offshores, I encourage you to use the Initiative’s free software to reevaluate your sourcing decisions, says Moser.