by Steven Capozzola | Oct 23, 2012 | Blog, Economy, Making it in America
In a New York Times Economix blog post, David Barboza suggests that things are looking better in U.S.-China trade because America's exports to the People's Republic are increasing. Barboza cites a U.S.-China Business Council study that shows American exports to...
by Dave Johnson | Oct 23, 2012 | Blog, Economy
A group of workers whose jobs are being outsourced to China is touring the "rust belt." They are trying to make an election point. But what about the day after the election? Sensata Workers - More Jobs Going To China Two weeks ago I wrote about the workers at the...
by Robert Borosage | Oct 22, 2012 | Blog, Economy
The broad American middle class is in trouble. Working families have been struggling with stagnant wages and rising insecurity for over three decades. From 2002-2007, Americans witnessed the first “recovery” in which the typical household suffered declining income....
by Dave Johnson | Oct 18, 2012 | Blog, Economy
See also: Is This Why Romney Won't Talk To Sensata Workers Whose Jobs Are Being Shipped To China? There is a real-life story playing out in real time in Freeport, Illinois, which is west of Chicago. Bain Capital is closing a Sensata factory there, to move the jobs and...
by Dave Johnson | Oct 18, 2012 | Blog, Economy
On the campaign trail Romney says we shouldn't ship jobs to China and should "crack down" on China trade problems. But he refuses to help or even meet with the Sensata workers whose jobs are being shipped to China right now. Why the refusal to line up his actions with...
by Dave Johnson | Oct 18, 2012 | Blog, Economy
Today there were six more arrests at the Sensata factory in Freeport, IL as people hold sit-ins and try to block trucks moving equipment out for shipment to China. What Is Sensata? Sensata is a company that makes sensors for the automobile industry. In modern...