Just as he does in health care, President Obama in the coming days must address a fundamental threat to our security that can no longer be ignored, which challenges powerful and entrenched interests -- and that is coming to a head over the course of this month. Obama's upcoming decision on how to respond to China's illegal dumping of tires into the U.S. market is emblematic of challenges in building the new economy that politicians in both parties have no stomach for facing but the country doesn't have the luxury of avoiding.
huffingtonpost.com — On this Labor Day, about the best the Obama Administration can say (over and over again) is that the unemployment picture would be a lot worse without the Recovery Act. Sorry, that's not good enough. It won't be good enough for the Democrats to hold onto swing seats in next year's midterm election, or for President Obama to persuade increasingly skeptical voters that he represents a solution to economic woes.
washingtonpost.com — President Obama on Monday announced his selection of Ron Bloom as senior counselor for manufacturing policy.
Speaking at an AFL-CIO picnic in Cincinnati, the president introduced Bloom, who has been a senior adviser to Treasury Secretary Timothy F. Geithner as part of the auto industry task force since February. Bloom, a Harvard Business School graduate, previously advised the United Steelworkers union and worked as an investment banker.
When the leaders of the G-20 nations arrive in Pittsburgh, I want them to know I am fomenting revolution -- Industrial revolution. Specifically, a 21st-century burgeoning of green manufacturing in the United States.
A country’s economic power comes from manufacturing. But while other countries have industrial policies, America has a de-industrialization policy. We have handed our country’s manufacturing capacity over to other countries, and as a result we have to borrow more and more to be able to buy the things that we used to make. How did this come to be? more »
washingtonpost.com — Sometime before Sept. 17, President Obama has to make a decision that will tell us a lot about his commitment to American manufacturing. By that date, Obama has to accept, reject or modify a recommendation from the International Trade Commission to impose tariffs on the Chinese-made tires that are swamping the U.S. market.
Something bad happened in the past 10 years to young workers in this country: Since 1999, more of them now have lower-paying jobs, if they can get a job at all; health care is a rare luxury and retirement security is something for their parents, not them. In fact, many—younger than 35—still live at home with their parents because they can’t afford to be on their own.
These are the findings of a new report, “Young Workers: A Lost Decade.” Conducted in July 2009 by Peter D. Hart Research Associates for the AFL-CIO and our community affiliate Working America, the nationwide survey of 1,156 people follows up on a similar survey the AFL-CIO conducted in 1999. The deterioration of young workers’ economic situation in those 10 years is alarming.