Anna Engine Plant manager John Spoltman talks about areas of the plant during a tour of the Honda automotive engine plant in Anna, Ohio (REUTERS/Paul Vernon).
Discussing the Global Investment in American Jobs Act of 2013
April 18, 2013,
Testifying before the House on the Global Investment in American Jobs Act of 2013, Martin Baily breaks down the benefits and costs of foreign direct investment (FDI) in the U.S economy. Baily explains why, on balance, FDI has been beneficial to job growth and American economic performance and encourages policymakers to make sure American competitiveness is enhanced so that FDI can grow.