07.17.18

Republican Pro-Growth Agenda Continues to Benefit American Manufacturers

‘Sixty-seven percent of Americans believe that now is a good time to find a quality job in the U.S., the highest percentage in 17 years of Gallup polling. And just last month, a manufacturing industry measure reported growth in 17 out of 18 sectors, from textiles to precision technologies. It’s no surprise, then, that the National Association of Manufacturers found last month that a record-high 95.1% of American manufacturers have a positive view of their companies’ outlook.’

WASHINGTON, D.C.  U.S. Senate Majority Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the benefits Americans continue to see from the Republican pro-opportunity, pro-worker agenda:

“In what’s becoming an historic year for favorable economic news, there are plenty of ways to measure how American workers, job creators, and entrepreneurs are writing a new chapter. After nearly a decade of stagnating pay and vanishing opportunities, recent months have brought remarkable milestones.

“Optimism among American small businesses has reached its highest level since President Reagan’s first term. Sixty-seven percent of Americans believe that now is a good time to find a quality job in the U.S., the highest percentage in 17 years of Gallup polling. And just last month, a manufacturing industry measure reported growth in 17 out of 18 sectors, from textiles to precision technologies.

“It’s no surprise, then, that the National Association of Manufacturers found last month that a record-high 95.1% of American manufacturers have a positive view of their companies’ outlook. What do these numbers mean to real workers, on the floors of American factories?

“Well, at Mack Molding, an injection molder and contract manufacturer with locations in Statesville, North Carolina and Arlington, Vermont, it means a $5.4 million-dollar investment in facilities, with preparations to hire 100 new workers. At Sabel Steel, based in Montgomery, Alabama, it means large pay raises for most of the company’s 230 employees and new, more efficient equipment at facilities across the South. Both companies credit last year’s historic tax reform law with helping make their 2018 successes possible.

“Our Democratic colleagues can talk all they like about repealing middle-class families’ and job creators’ historic tax cuts and sending that money back to Washington instead. But this united Republican government is proud of the new prosperity they’re building. And we will not let the Democrats take away their tax cuts.”

Related Issues: Middle Class, Economy, Jobs, Tax Reform, Taxes