Bernie Sanders Slams United Technologies’ Plan To Outsource U.S. Jobs

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Singling out United Technologies, Sanders also noted that the layoffs in Indiana have been happening across the nation over the last 35 years with no end in sight.

On April 29, 2016, Andrew Emett writes on Nation Of Change;

Speaking at a United Steelworkers rally outside the Indiana Statehouse on Friday, Sen.Bernie Sanders lambasted United Technologies’ decision to outsource 1,400 U.S. jobs to Mexico. Despite the fact that United Technologies recently posted larger earnings and revenue than expected, roughly 2,100 employees in Indiana are expected to lose their jobs to foreign labor willing to work $3/hour.

“I intend to do everything I can to prevent United Technologies from shutting down their plants in Indianapolis and Huntington from throwing 2,100 American workers out on the street and moving to Monterey, Mexico, where they’re gonna pay people there three dollars an hour,” Sanders asserted on Friday.

Earlier this year, United Technologies announced plans to shut down its Carrier Corp factory in Indianapolis and outsource 1,400 U.S. jobs next year to Monterey, Mexico, where workers will only receive $3/hour. United Technologies is also expected to layoff another 700 employees in Huntington, Indiana, where the parent company is closing a facility.

“Today we are sending a very loud and clear message to the CEO of United Technologies: Stop the greed. Stop destroying the middle class in America. Respect your workers. Respect the American people,” Sanders announced to the crowd of protesting workers.

In 2014, United Technologies provided its retired CEO, Louis Schenevert, a golden parachute of $172 million along with a pension worth $31 million. Making a profit of more than $7 billion last year, United Technologies also received $6 billion in defense contracts.

While receiving more than $58 million in corporate welfare from the Export-Import Bank, United Technologies also received nearly $530,000 of Indiana taxpayer money in training grants. Despite the fact that United Technologies recently posted more revenue than expected, totaling $13.357 billion for the quarter, roughly 2,100 Indiana employees will lose their jobs in an attempt for the company to “stay competitive and protect the business.”

“Look around Indiana and you will find once vibrant and strong manufacturing towns like Gary, South Bend, Muncie, Bloomington, Indianapolis and Evansville shattered by abandoned factories, shut down steel mills, sky-high poverty rates, and foreclosed homes,” Sanders observed. “You do not have to have a PhD in economics to understand that our unfettered free trade policies have failed. We need new trade policies in this country, policies that are designed to protect the interests of American workers, not just the compensation-packages of corporate CEOs.”

Singling out United Technologies, Sanders also noted that the layoffs in Indiana have been happening across the nation over the last 35 years with no end in sight. Since the passage of the North American Free Trade Agreement (NAFTA) in 1994, Indiana alone has lost 113,000 good-paying manufacturing jobs. Although Sanders fought against the NAFTA and other disastrous trade agreements, Hillary Clinton staunchly supported their passage.

“It is not acceptable to me that today the top one tenth of one percent owns almost as much wealth as the bottom 90 percent,” Sanders declared. “We need a political revolution. We need millions of Americans to begin to stand up and fight back and demand a government that represents all of us.

“And if we stand together, men and women, gay and straight, black, white, Latino, Asian, and Native American, and say loudly and clearly that enough is enough! That this country belongs to all of us, not just a handful of billionaires, there is nothing that we cannot accomplish.”

http://www.nationofchange.org/news/2016/04/29/bernie-sanders-slams-united-technologies-plan-outsource-u-s-jobs/

 

Warning: TPP Rearing Its Ugly Head

On April 28, 2016, Dave Johnson writes on The Smirking Chimp:

The Trans-Pacific Partnership (TPP) went dormant in Congress after election season began. It became clear that the public despises our country’s corporate-dominated “trade deals” that let companies just lay people off and close factories here to take advantage of conditions in countries that allow people and the environment to be exploited. Candidates who could sense which way the wind was blowing told voters they oppose TPP, and Congress dropped it — for now.

But now people who follow these things are hearing more and more talk behind the scenes that indicate corporate America is going to try to push TPP through in the “lame duck” Congressional session after the elections. This is a session in which the old Congress consisting of the ones who might have gotten voted out minus new ones who just got voted in, and the re-elected incumbents who won’t be up for re-election for two more years can sneak things past the public with little or no accountability.

Last month Bloomberg’s Tatiana Darie, in “Backers of the Trans-Pacific Partnership trade pact pin hopes on lame-duck Congress,” wrote about this:

“I think we’ll probably get it through, but it’s shaky,” Senate Finance Committee Chairman Orrin Hatch, a Utah Republican, said in an interview. “It will probably have to be after the elections. I think we have a better chance to passing it after, but we’ll see” what Senate Majority Leader Mitch McConnellwants to do, he said.

McConnell, a Republican from Kentucky, has indicated plans not to pursue it “certainly before the election,” leaving the door open to a vote in the lame-duck session, according to trade analysts.

[. . .] Business groups are “going to put a lot of pressure on McConnell to make sure this doesn’t fall through, and they have influence,” said Julian Zelizer, a presidential historian at Princeton University.

[. . .] Lawmakers fearing a voter backlash may be more apt to stay quiet on the issue through Election Day and take controversial votes during the lame-duck session, which can last as long as a month after the election and before a new Congress convenes in January, according to Bloomberg Intelligence.

Monday’s Inside Trade newsletter (subscription), had a story, “Obama Signals TPP To Move Forward After Election Cycle Ends”:

President Obama this week said the prospects for congressional approval of the Trans-Pacific Partnership will be best after the election season ends, signaling that the White House still believes it can successfully navigate political headwinds and push the trade agreement through Congress this year.

“And with respect to Congress and Trans-Pacific Partnership, I think after the primary season is over the politics settle down a little bit in Congress, and we’ll be in a position to start moving forward,” Obama said on Sunday (April 24) in Germany at a joint press conference with German Chancellor Angela Merkel. “But I think we all know that elections can sometimes make things a little more challenging, and people take positions, in part, to protect themselves from attacks during the course of election season.”

Where Obama says here that people running for office “take positions, in part, to protect themselves from attacks during the course of election season,” he means they lie and tell voters that they are against TPP, but they intend to vote for TPP after we’ve vote for them. Nice.

Tuesday The Hill reported that the head of the huge corporate lobbying group, the Chamber of Commerce, expects this to happen. “Chamber’s Donohue: TPP vote likely after the elections”:

A top U.S. business leader expects a vote on a massive Asia-Pacific trade agreement after the November elections.

U.S. Chamber of Commerce President Tom Donohue said Monday that election-year pressures will force the Senate to vote on the Trans-Pacific Partnership (TPP) during a lame-duck session to protect several vulnerable Republican incumbents.

Translation: they understand that the voters hate it, but the giant corporations want it, so they will try to push a vote after the election to “protect” politicians from the voters. And what the Chamber of Commerce “expects” of Congress usually happens.

Call your Representative and both your Senators and let them know how you feel about the possibility of Congress sneaking a vote for TPP after the election.

http://www.smirkingchimp.com/thread/dave-johnson/67048/warning-tpp-rearing-its-ugly-head

Not surprisingly, the Trans Pacific Partnership agreement will promote the interests of giant, multinational corporations over the interests of labor, environmental, consumer, human rights, or other stakeholders in democracy, AND FURTHER CONCENTRATE OWNERSHIP OF THE NON-HUMAN PRODUCTIVE CAPITAL MEANS OF PRODUCTION!

The REAL STORY is a story about the collusion among a globally wealthy ownership class to further concentrate private sector ownership in ALL FUTURE wealth-creating, income-generating productive capital asset creation on a global scale. A sorta FREE TRADE ON STEROIDS!

Still Wondering Why Voters Are So Mad About The Economy? Here’s Your Answer.

On April 1, 2016, Elizabeth Brotherton-Bunch writes on Alliance For American Manufacturing:

Still Wondering Why Voters Are So Mad About the Economy? Here’s Your Answer.Manufacturing job loss is driving Americans’ concerns about trade. | File Photo

The manufacturing sector lost 29,000 jobs in March.

Things are not going well for America’s factory workers.

Labor Department data released on Friday shows 29,000 manufacturing jobs were lost in March. About 23,000 jobs were also lost in February, and the news just keeps getting worse:

Significant downward revision to manufacturing output over past 18 months. Basically it went down last year not uphttps://twitter.com/federalreserve/status/715933442328895488 

This troubling trend explains why many voters — especially in states dependent on manufacturing — are so fired up about issues like trade. Unfortunately, it is likely we will see job losses continue in the upcoming months, in part because China’s massive industrial capacity continues unabated.

Despite promises from China officials that the country will cut its steel production, for example, one of China’s largest steel companies announced this week that will increase output by 20 percent over the next year.

Already, 12,000 U.S. steelworkers have faced layoffs because of China’s steel overcapacity. It’s not just the United States — across the pond in the United Kingdom, tens of thousands of workers could soon be out of a job permanently. On Friday, Mexico’s Economy Minister called on the United States, Mexico and Europe to come together to stop China’s steel exports.

“It makes full sense that we get together — and we’re going to get together in Brussels — to try to give a common response to the Chinese: Either you reduce your production, stop dumping on us… or we are really going to react violently, trade-ly speaking,” said minister Ildefonso Guajardo. “I’m saying with tariffs and anti-dumping measures.”

Steel imports aren’t the only issue impacting American manufacturing workers, of course. China’s currency manipulation and our growing trade deficit also continue to plague the sector. “That’s not right. American manufacturers can outcompete anyone in the world, but they need a level playing field,” said AAM President Scott Paul.

All of this, of course, has been reflected in the 2016 campaign, both at the presidential level andin down-ticket races. Voters are facing major economic problems like widening inequality and a hollowed-out middle class, in part because of manufacturing’s decline.

That’s why trade, jobs and manufacturing were such big issues in the Michigan and Ohio presidential primary races. They are likely to impact upcoming races in Wisconsin and Pennsylvania as well — which is why all of the candidates are touting their manufacturing credentials.

“We’ll never experience a true manufacturing job resurgence in the United States unless we get a lot tougher with China and policy enforcement,” Paul added. “That’s something many Michigan and Ohio voters in both parties got behind, and it is sure to be a principle Wisconsinites will stand up for at the polls next week.”

http://www.americanmanufacturing.org/blog/entry/still-wondering-why-voters-are-so-mad-about-the-economy-heres-your-answer

 

World's Most Famous Economist Says Bernie Sanders Could "Change The Face Of The Country"

On February 16, 2016 Zeeshan Aleem writes on Yahoo! News:

Thomas Piketty, perhaps the most influential economic thinker of the left in the Western world, is impressed by the rise of Sen. Bernie Sanders.

In a post for Le Monde republished on Tuesday by the Guardian, the French economist outlined why he felt the populist senator’s ascent spells “the end of the politico-ideological cycle opened by the victory of Ronald Reagan at the 1980 elections.” Piketty argues that regardless of Sanders’ fate in this particular contest, he has created an opening for similar candidates in the future —”possibly younger and less white” — who could successfully make it into the White House and “change the face of the country.”

What’s most interesting about Piketty’s analysis is that he doesn’t see Sanders as following in the footsteps of Europe’s social democratic models, but rather leading the United States toward a possible return to the nation’s pioneering 20th century experiments with extremely progressive taxation and social spending.

https://www.yahoo.com/news/worlds-most-famous-economist-says-224500690.html