US Steel CEO says it is 'totally realistic' to bring manufacturing jobs back

[McFurd]

CNBC - 2/23/2017 - Rachel Cao - Mark Cuban made comments recently about how robotics and automation are the wave of the future and could cause unemployment in America. Many believe most of the unemployment Cuban referred to would primarily affect traditional manufacturing jobs and industries. However, U.S. Steel CEO Mario Longhi said he believes it's realistic and necessary for manufacturing jobs to come back. "It is totally realistic to bring jobs back," Longhi told CNBC's "Fast Money Halftime Report" on Thursday. "If you look at the regulatory system that we have today, it takes us years sometimes to get some approvals. We have a pipeline of projects just sitting out there to be executed on. In a fair playing field, for every great idea or innovative solution that comes to place, you need a physical device to bring it to fruition so the full value can be captured. It is totally viable, it is needed and can be done." Read more @ http://www.cnbc.com/2017/02/23/us-steel ... -back.html