Manufacturing & The Economy
The National Association of Manufacturers (NAM) announced that former Sens. Blanche Lincoln (D-AR) and George Allen (R-VA) will co-chair the Manufacturing Competitiveness Initiative, an effort aimed at examining and highlighting the competitiveness challenges facing manufacturers.
“Our regulatory system is too often incoherent, unaccountable and in desperate need of reform,” said Allen. “As governor, I witnessed firsthand the impact that regulations can have on a growing economy and small businesses in particular. In Virginia, we took a collaborative approach to protecting public health, ensuring the safety of working men and women and safeguarding the environment without hindering growth. We enacted commonsense policies that eliminated duplicative and complex regulations and embraced smart, innovative ways to achieve shared goals.”
“As senator, I heard from manufacturers and small business owners about the impact of inconsistent and uncertain regulatory policy,” said Lincoln. “We can do better as a nation. To unleash the creative spirit of America’s entrepreneurs, we need a commonsense regulatory system that encourages innovation and investment. An American economy with a simple and streamlined regulatory system would be the envy of the world. I look forward to examining ways in which both parties can work together to address this important issue.”