Global Relations Advisory Inc. is a consulting and advisory firm specialized in business and economic development.
As part of its efforts to assist the future President with his plans on growth of US economy, Global Relations Advisory Inc. has elaborated and submitted to both candidates a plan aimed to job creation, mainly focused on re-launching the US manufacturing sector.
The plan suggested for the future President to work side by side with the CEOs of some relevant US corporations whose products are currently being manufactured overseas. It is suggested for the US Government to offer targeted tax breaks to those companies which are willing to bring back to the national soil good part of their manufacturing, therefore creating a significant amount of new jobs for the American people in a relatively short period of time.
The effects of such a plan would lead to an important employment increase in the short term, therefore a growth of consumer spending which would trigger a boost of revenues for US corporations. The end result would be higher employment, growth of US economy and recoup for the US Government of the initial tax breaks thanks to a larger tax inflow due to higher corporate figures.
Francesco Pansardi is a former corporate executive. He holds an M.B.A. from the Columbia Business School in New York City.