A Central Industry

The auto industry is of the utmost importance to the U.S. economy,says John Engler of the National Association of Manufacturers.There's overcapacity,and capacity is gonna have to come out.The auto industry accounts for 20% of manufacturing Gross Domestic Product.The failure of even one automaker could have a crippling effect.Our top priority is to get the economy moving and see job creation.Without a growing economy,very little in the public sphere is possible.We support funding now for 20 billion in shovel-ready infrastructure projects,the former Michigan governor stated.We still need global trade,but we need to be careful in an era of global recession that trade barriers aren't snuck in,Mr.Engler warned.