How tax reform can bring back US manufacturing jobs

Published May 23, 2017 4:01am ET



In 2009, a newly elected American chief executive was faced with an economy headed in the wrong direction. A 9 percent unemployment rate fed a lack of consumer confidence and created the very real possibility of a double-dip recession.

The Obama administration’s solution was to persuade a unified Democratic congressional majority to move expeditiously on a $787 billion economic stimulus package correctly titled the American Recovery and Reinvestment Act.

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