by Dave Johnson | Oct 23, 2014 | Blog, Jobs and Growth, Trade
Massachusetts is awarding a contract to build rail cars to CNR Changchun Railway Vehicles, a Chinese state-owned company, a subordinate of China CNR Corporation Ltd. The company will do final assembly of the cars in Massachusetts. "This is the preeminent manufacturer...
by Dave Johnson | Oct 21, 2014 | Blog, Trade
Trade deals like NAFTA have helped create terrible inequality by outsourcing jobs to low-wage countries so "investors" can pocket the wage difference. These corporate trade deals also create "corporate courts" that bypass the borders of democracy and place...
by Larry Cohen | Oct 16, 2014 | Blog, Progressive Vision, Trade
At the deportation center in San Pedro Sula, planes land with over 100 Hondurans a day, returned from our border prisons to their native land. They are mostly young men, shackled hands and legs, who have harrowing tales of days in what they call the “ice box,” the US...
by Dave Johnson | Oct 16, 2014 | Blog, Jobs and Growth, Trade
Here are two contrasting infrastructure stories to following up on yesterday’s post, "Investment In Infrastructure Would Cure Today’s Slow Growth Problem": The U.S. has deferred maintaining (never mind modernizing) our infrastructure for so long (since the Reagan tax...
by Dave Johnson | Oct 3, 2014 | Blog, Trade
The public is finally "getting it" about these one-way trade agreements. They were sold to us as "job creators," but the record is the reverse. They have cost jobs and increased the trade deficit (which is a metric for jobs) in every instance. This is because these...
by Dave Johnson | Oct 3, 2014 | Blog, Trade
Another $40 billion leaked out of our economy in August, taking jobs, factories and living standards with it. The U.S. Commerce Department reported that America's monthly goods trade deficit in August was $40.1 billion, down from $40.3 billion (revised from $40.5...
