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Lessons from the auto industry: how the US is bringing high-tech jobs home

Lessons from the auto industry: how the US is bringing high-tech jobs home

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The Wall Street Journal's latest iEconomy article takes apart the methods that American lawmakers are using to bring tech manufacturing jobs to American soil.

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Back in the 1980s, American lawmakers were successful in motivating foreign automotive companies like Nissan to manufacture on American soil. Today, government officials are trying to do the same thing with the high-tech manufacturing industry — but as Bill Vlasic, Hiroko Tabuchi, and Cjarles Duhigg point out in their article in the New York Times, the economic landscape isn't quite the same. Between harsh import limitations and incentives like loan subsidies and tax breaks, lawmakers have to balance their interactions with the industry and other nations. Take a look at the NYT's piece for an in-depth look at what the US is bringing to the table as it approaches the high-tech manufacturing industry.