this is a partnership formed by leading manufacturers and the united steelworkers. goal is strengthening our nation's national security. we believe our labour management approach can help identify appropriate cooperation. i will say that the idea of a manufacturing strategy is hardly a new concept. today's third of public policy is the exception, not the rule, they buy to our founding fathers. alexander hamilton started a policy that continued until the end of world war ii. globalization and economic policies have helped to steadily erode manufacturing as a percentage of gdp and other key measures. the idea is also not a partisan one. president reagan adopted a flurry of measures to help the trade relationship between europe and japan in the 1980's. they have a positive affect in lowering the current affect over time. it sheet investments and other technical -- key investments and other technologies spurred by regulation. more recently, president obama and congress work together to help our auto business, which needed to rebuild and thrive. the effort was not perfec