Vice President Joe Biden says middle class jobs once
shipped to China at an alarming rate are now on their way back to the United
States. “There's a new demand for highly trained new workers, in new
fields, in new technologies, in new capabilities. And that's why we're
here today,” he told workers at Safran USA and Albany International. The two
companies recently relocated to one Rochester, New Hampshire facility and
formed a partnership with a local community college to train workers for the
hundreds of high tech manufacturing jobs they’re bringing to the region.
They used a department of labor grant to pay for it and the white house hopes
other companies follow the lead. “We're committed to boost the trend,”
said Mr. Biden. “We're not the job creators. The biggest way to do
that is to shed the policies of the last ten years that have encouraged
investment to go abroad.” The Obama administration has put forward several
policies to close tax loop holes for companies that off shore jobs and give
incentives to ones that bring them back. A seemingly strategic proposal in
an election year that's all about the economy but Mr. Biden says, “There's
nothing ideological about that. That's totally consistent with trade
practices and it makes ultimate sense.”