Posted on 13 December 2008. Tags: Barack Obama, Barbara Ehrenreich, David Morris, Dean Baker, Economics, Globalization, Joel Rogers, Lori Wallach, Ron Blackwell, Thea Lee, Unions
President-elect Obama has publicly stated that he wants "unconventional" thinking among the people who give him advice on the economy. Fantastic. So, here are some suggestions. I’m throwing out these suggestions—-and welcome others—-partly because of the debate zapping around progressive circles about how critical progressives should be about the incoming Administration. I find […]
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Posted in General Interest
Posted on 04 December 2008. Tags: Chrysler, Detroit, Ford, General Motors, Globalization, UAW, Wages
Not a happy day for auto workers–and, frankly, for workers everywhere. The UAW, as most of you know by now, has agreed to new concessions to try to save the auto companies. From The Wall Street Journal: Two weeks after insisting his union had already done enough to help the car makers, UAW President […]
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Posted in General Interest
Posted on 04 December 2008. Tags: Chrysler, Detroit, Ford, General Motors, Globalization, UAW, Wages
Not a happy day for auto workers–and, frankly, for workers everywhere. The UAW, as most of you know by now, has agreed to new concessions to try to save the auto companies. From The Wall Street Journal: Two weeks after insisting his union had already done enough to help the car makers, UAW President […]
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Posted in General Interest
Posted on 02 December 2008. Tags: AIG, Bailout, Chrysler, Detroit, Ford, General Motors, Globalization, Labor, Robert Rubin, UAW, Wages
Even though I’ve suggested that auto workers should not pay for the mistakes made by the industry’s executives, the drumbeat has been pretty persistent that the workers will take another hit. And it picks up in today’s New York Times: While the union has not agreed to reopen contracts at General Motors, Ford and […]
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Posted in General Interest
Posted on 26 November 2008. Tags: "Free Market", "Free Trade", Globalization, ILO, Latin America, Wages
Later today, the International Labor Organization will release a sweeping report on global wages. I’ve got a copy and here is the upshot: wages declined in most countries, inequality increase and, thank you very much, a lot of that can be blamed on the wonders of so-called "free trade". The ILO is an […]
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Posted on 20 November 2008. Tags: Bailout, Chrysler, Detroit, Ford, General Motors, Globalization, Labor, UAW, Wages
Memo to the traditional media: you want to see the auto industry go down? Fine. But, at least try to give the facts about what workers have undergone in the industry–an assignment that most of the traditional media could not live up in its coverage of yesterday’s hearings on the proposed bailout. The facts […]
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Posted on 14 November 2008. Tags: American Axle, Chrysler, Detroit, Ford, General Motors, Globalization, Labor, UAW, Wages
Yesterday, I posted a dairy about the right way to bailout the auto industry. I have no issue with those people who disagree with the basic premise that we should bailout the companies. But, in other places where I posted this and generally out there in the ether, there was a shocking level of […]
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Posted on 07 November 2008. Tags: "Free Trade", 2008 Elections, Barack Obama, Class Warfare, Globalization, Larry Kissell, NAFTA, Public Citizen
If policy was constructed by the people, not the wishes of the lobbyists and corporate interests, we would never see a so-called "free trade" deal pass Congress again. That’s pretty much the upshot of the 2008 elections–though, believe me, this fight ain’t over yet. I would argue that the issue of trade […]
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Posted on 01 July 2008. Tags: China, Corporate Greed, Globalization, Prices, Wages
A couple of weeks ago, I noted that corporations were now beginning to think that China, with its rising prices and increasing wages (relatively speaking), wasn’t cheap enough. And, so, comes another report via Reuters: The result is higher prices at U.S. stores like Wal-Mart and Target that have increasingly filled their shelves with […]
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Posted on 07 June 2008. Tags: Barack Obama, Globalization, NAFTA, Sherrod Brown, Trade, TRADE Act
Yesterday, I highlighted the rolling out of a very important piece of legislation: the Trade Reform, Accountability, Development, and Employment Act of 2008 (cleverly, the TRADE Act). So far, the only Senate co-sponsors, who have joined the bill’s sponsor Sherrod Brown, are Byron Dorgan, Russ Feingold, Bob Casey and Sheldon Whitehouse. So, today, it’s worth […]
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Posted in General Interest