Trade deficit = American jobs go away. Big, ongoing trade deficit = millions of US jobs go away. Enormous, humongous trade deficit = millions fewer jobs, poor economy, wage and income concentration...
The GOP's shenanigans surpass even the worst childish behavior, and are far more damaging. The Republican-engineered government shutdown is doing real harm to real people, and endangering an already fragile economy.
The idea is to penalize countries and companies that try to win a competitive advantage in the marketplace by paying subpar wages, allowing unsafe working conditions or escaping compliance with environmental regulations.
A largely anonymous group of officials late last week wanted their work on the Trans-Pacific Partnership – often described as "NAFTA on steroids" – out of the spotlight. But a small group of activists put a spotlight on the negotiations.
For millions of low-wage workers, Labor Day was just another working day, for the same lousy pay. The movement for livable wages doesn't take a day off either. In fact, it's growing.
The July trade report is out. Exports are rising, but imports are rising even more. So our vast, humongous, enormous, out-of-control trade deficit continues its upward trajectory, sucking more jobs and money from our economy.
America used to have a thriving computer-chip manufacturing industry. Now China does that. America deserves to have a solar manufacturing industry, even if the "serious people" say this should end up in China, too. This is about jobs.
We have much to be proud of in America. But having the most economic inequality is one of our most dubious achievements. I guess we just have a very few people who are excellent happiness pursuers. Or maybe it's something else entirely.
Republicans are trying to get people to blame Detroit's working people for Detroit's problems, while just ignoring the $12 billion/month automotive trade deficit caused by "free trade" agreements. Seriously? They expect us to swallow that nonsense?
The enormous, humongous, vast, staggering, unbelievable, job-sucking, economy-sucking US trade deficit shrank to “only” $34.2 billion from a revised $44.1 billion in May. Exports of US goods and petroleum were […]
Hey wouldn’t it be great to pass a law requiring government agencies to try to boost American jobs when they award contracts and buy supplies? Or how about giving contract […]
“Going down to Mississippi wages does not signal a bright future for American economy.” – Harold Meyerson President Obama campaigned with a promise to add 1 million new manufacturing jobs […]
Trans-Pacific Partnership – the corporate sovereignty treaty – is coming and they’re going to try to push it through Congress with “Fast Track.” It’s really, really important to pay attention […]
The trade deficit is a measure of how much money and how many jobs we are transferring in or out of the country. The May trade deficit was just reported, […]
Companies say they are being patriotic and responsible by bringing jobs and manufacturing back to the US. Is it true? And how come you can’t buy clothes that fit anymore? […]
This week I hosted a blogger call to discuss the outcome of last week’s Friday/Saturday meetings between President Obama and Chinese President and General Secretary of the Communist Party of […]
You know how big-company lobbyists get some states to pass laws that block cities and counties from doing something about problems like tobacco or guns? Well there is a “trade” […]
Sen. Sherrod Brown, D-Ohio, argued that “trade policy needs to adapt to global challenges” and “trade done right creates prosperity for the middle class” during a speech on the “Competitive […]
The nominee for US Trade Representative (USTR) has just promised Congress that he will push for "Fast Track" authority. Fast Track essentially removes democracy from the trade negotiating and agreement process.
After 237 years, we’re becoming a colony again. Our nation’s losing the right to self-determination it fought so hard to win, and it’s happening on a scale unseen since the […]
Down with the deficit rhetoric; it’s time for a bold approach that addresses our true crisis: a stagnant economy coupled with high unemployment. On Tuesday, progressives gathered at the Roosevelt […]
Ahead of President Obama’s meeting China’s President Xi Jinping later this week, and with our trade deficit with China up yet again, eight Senators from both parties joined today to […]
On a press call yesterday in advance of this week’s “summit” between President Obama and Chinese President and General Secretary of the Communist Party Xi Jinping, Alliance for American Manufacturing’s […]
We the People put together a system here with schools, universities, scientific research, courts, a stable financial/monetary system, infrastructure like roads, dams, airports, and all the other components of a […]
In testimony last week Apple CEO Timothy Cook proudly described the ingenious ways in which Apple tax attorneys have gamed the U.S. tax system to make sure their company pays […]
Another aging highway bridge falls, cars and people in the water… This problem was well-known and urgent years ago! But Republicans block it, saying fixing our infrastructure is “more government […]
The upcoming Trans-Pacific Partnership agreement is using a process that is rigged from the start. It is being negotiated by executive for the benefit of the corporations they serve. Democracy is not part of the process.
Did you know that Apple Computer has become a foreign entity? Did you know that it’s more Irish than anything else, at least as far as taxes are concerned? Or […]
At yesterday’s Senate hearing the CEO of Apple said they follow the law when they “defer” billions and billions of dollars in taxes they owe by keeping profits “out of […]
The “Apple hearing” is underway (Go Sen. Levin!!) with Apple CEO Tim Cook explaining why Apple “can’t” bring back over $100 billion they have parked outside the country because they […]
The Communications Workers of America is asking people to contact their senators to block an effort to undermine American workers using the H-1B visa program. Here’s the story. What Is […]
President Obama is in Texas to launch a “Middle-Class Jobs and Opportunity Tour” that focuses on manufacturing. The president announced an executive order creating three “manufacturing hubs” — Manufacturing Innovation […]
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 […]
The Department of Energy (DOE) announced a new Clean Energy Manufacturing Initiative which will make American companies more competitive in the world economy.
First it was Fix the Debt, with tax-dodging corporations “leading the charge for massive new corporate tax cuts paid for with cuts to Social Security, Medicare, and Medicaid.” Now there’s […]
Some countries go to great lengths to keep their currencies "weak" relative to where currency markets say they should be set. This gives companies these countries a competitive advantage.
“We need to make it clear that when we spend American taxpayer money, we are spending it on Americans,” said Rep. Garamendi, on a conference call today.