We give away our jobs and factories and industries to China. Some geniuses apparently thought that meant we should also let our military security be contracted out to China as well. A new report from the Alliance for American Manufacturing (AAM), Remaking American Security, Authored by Brig. Gen. Adams (US Army, Retired) looks at supply [...]
President Obama set a goal of 1 million new manufacturing jobs in his second term. Last month we added zero. Not one. Nada. Zip. We did add low-wage jobs, though. Maybe we can talk about a national manufacturing strategy now? A Million Manufacturing Jobs? In the 2012 campaign President Obama set a goal of creating [...]
President Obama’s nomination of Hyatt heiress Penny Pritzker to be Commerce secretary gives me the perfect excuse to write about a fascinating conversation I had recently with Cathy Youngblood, a union activist and Hyatt employee who is on a campaign to get her employer to put one worker on its board of directors. She’s written [...]
The trade deficit fell to “only” $38.8 billion in March. This could mean that manufacturing is starting to shift from China (good) — or it could mean our economy is slowing and we just aren’t buying as much as we would have (not so good). It is also because we are importing less oil (really [...]
Most of us are still feeling the effects of a struggling economy, but the corporate elite and the Wall Street banksters are doing better than ever. Many corporations have seen record profits in recent years, which have fueled buying sprees on Wall Street, pushing the DOW Jones to it’s all-time high. But, the income gap [...]
“Duty evasion” is when foreign competitors undermine American producers using fraudulent schemes to avoid paying the duties they owe. The foreign companies get a competitive advantage from lower prices that come from avoiding duties imposed for “dumping” by selling under cost to drive competitors out of business, trade violations, exploited workers, substandard parts, etc. The [...]
We’ve hit a new low. Two months into the sequester, lawmakers have prioritized flight delays over food assistance. Citing significant concerns about the inconvenience of flight delays caused by the furlough of air-traffic controllers, the Senate unanimously passed a bill to give the Federal Aviation Administration (FAA) the ability to re-direct funds within its budget [...]
On Wednesday, hundreds of minimum wage fast food and retail workers from dozens of stores all over Chicago walked off their jobs. Three weeks ago, hundreds of minimum wage workers in New York City walked off their jobs. From New York City to Chicago, minimum wage workers are standing up, standing together to make one [...]
What does it mean to be an American? What does it mean to be an American corporation? An article in the Wall Street Journal the other day should trigger questions like these. WSJ: Domestic-Based Multinationals Hiring Overseas, Multinational companies based in the U.S. boosted their global work forces in 2011 almost entirely by hiring workers [...]
The corporate/conservative effort to gut the country’s labor-law enforcement continues at full steam. Senate Republicans are blocking NLRB Board confirmations. Republican judges blocked the the National Labor Relations Board (NLRB) from operating until the Senate confirms Board members. Today House Republicans are moving on a bill to just shut the NLRB down. People vs Concentrated [...]