Growing Trade Deficit with China Costs 3.2 Million U.S. Jobs

English: USA deficit, China surplus, 2000-2014...

English: USA deficit, China surplus, 2000-2014, World Economic Outlook, IMF (Photo credit: Wikipedia)

December , 2014

Growth in the U.S. goods trade deficit with China between 2001 and 2013 eliminated or displaced 3.2 million U.S. jobs, according to China Trade, Outsourcing and Jobs, a new study from EPI Director of Trade and Manufacturing Policy Research Robert E. Scott and research assistant Will Kimball. Trade with China has caused job loss in all 50 states and the District of Columbia, including all but one congressional district. About two-thirds of jobs lost, or 2.4 million, were in manufacturing.

“Growing trade deficits with China have hurt American workers and decimated U.S. manufacturing,” said Scott. “If policymakers are serious about supporting manufacturing jobs, we must work to put an end to China’s unfair trade policies.”

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Hong Kong Labor Supports Ongoing Struggle for Democracy

Ed. note: Although students and young people formed the tenacious shock troops of the Umbrella Movement for democracy in Hong Kong, they received strong support from the Hong Kong Confederation of Trade Unions (HKCTU). This press statement from the HKCTU commits the labor confederation to the ongoing struggle.

The new era of Democratic Movement begins

umbrella_movement_699_524

HKCTU leaders and members who were arrested at the 75-day Admiralty occupation on Dec 11th 2014 while they stayed with other protesters to resist the police to clean up the occupation zone, were all released on Dec 12th 2014. Ending of the occupation was just a beginning of a new era of the movement for true democracy.

It was reported that 247 protesters were arrested on Dec 11 and 7 of them from HKCTU: General Secretary Lee Cheuk Yan, Chief Executive Mung Siu Tat, Bar Bender Workers Union Chairperson Wong Wai Man, Community Care and Nursing Workers Union Ar Dick, Van Delivery Workers Unions Simpson, Organizing Secretary Fredrik Fan and a volunteer Wu Sui Ming. They all were released in 12 hours without any charges. After the release, the two leaders of HKCTU made the following comments.

Brother Mung Siu Tat reflected that, “I have been fighting for labour rights over 20 years in my life time seeing how the workers were exploited by bosses and unfair systems. If we would accept the ‘fake universal suffrage’ proposal from the National People’s Congress, the policy making will still be business leaning, as the big corporates are the few but powerful nominators. It implies universal labour rights, such as standard working hours, right to collective bargaining, universal pension fund, would continue to be “blocked” by the functional constituencies. When the roads are occupied, bailiff and the police would conduct the clearance, yet, what happen if our democratic rights and labour rights are “blocked”? If we don’t join force, who can clear up the road to democracy and labour rights? We have to open our roads by our peoples’ power.”

Brother Lee Cheuk Yan said that, “the authorities can use police to clean up the protest site but they cannot kill the spirit and courage of people for democracy. It is going to be tough in future, we have to prepare that the government will use rules and orders as tools for suppressing the social activists and civil society after this battle. At the same time, we see hopes from the active political participation and strong leaderships of youngsters in this movement. HKCTU will try to reach out to the young activists among working class so as to build up an emerging and powerful trade union movement in Hong Kong”.

umbrella supporters

There were a lot of solidarity actions locally and internationally to call for immediate release of the protesters. HKCTU is very thankful to IUF for launching the online petition to show international solidarity to HK democratic struggles. HKCTU will continue the struggle with all working class, students and citizens in Hong Kong to fight for universal suffrage of Chief Executive and Legislative Council in 2017 and 2018.

TPP- The Dirty Deal

Is U.S. Labor Morphing into something new ?

HaroldMeyersonAIDBy Harold Meyerson

Haltingly, with understandable ambivalence, the American labor movement is morphing into something new. Its most prominent organizing campaigns of recent years — of fast-food workers, domestics, taxi drivers and Wal-Mart employees — have prompted states and cities to raise their minimum wage and create more worker-friendly regulations. But what these campaigns haven’t done is create more than a small number of new dues-paying union members. Nor, for the foreseeable future, do unions anticipate that they will.

Blocked from unionizing workplaces by ferocious management opposition and laws that fail to keep union activists from being fired, unions have begun to focus on raising wages and benefits for many more workers than they can ever expect to claim as their own. In one sense, this is nothing new: Unions historically have supported minimum wage and occupational safety laws that benefited all workers, not just their members. But they also have recently begun investing major resources in organizing drives more likely to yield new laws than new members.

Read the entire piece from the Los Angeles Times. December 8, 2014.

http://www.latimes.com/opinion/op-ed/la-oe-meyerson-labor-organizing-20141208-story.html

Meyerson is an editor of the American Prospect and a Vice Chair of DSA.

Capitalism is Crazy

Capitalism: A Love Story

Capitalism: A Love Story (Photo credit: Wikipedia)

An important article in NY Times documents how a U.S. company is destroyed sending jobs overseas. California Teachers Retirement System is part of the destroyer team.

http://www.nytimes.com/2014/12/07/business/timken-bows-to-investors-and-splits-in-two.html?_r=0

Timken Steel of Canton Ohio.

…If he can’t, or if another company comes along with an offer too rich to refuse, Mr. Timken acknowledges what many in Canton would rather not say out loud. “If the number is big enough, the board is going to have to look at it and say, ‘Ugh, O.K., unless you can show me a plan that’s better than that, we’re going to take it,’ ” he said. “We’re a publicly traded company.”

As in all publicly traded companies, TimkenSteel’s board and top executives have a fiduciary duty to shareholders to maximize both profits and investor returns. For many companies in the region, that has meant cutting costs and moving production to places where labor is cheaper. Goodyear Tire & Rubber, for example, was founded in nearby Akron in 1898, but Goodyear hasn’t made regular tires in the onetime rubber capital of the world in more than three decades….

“The professor said we’d all be bankers and consultants and lawyers and health care professionals,” Mr. Timken recalled. “There’s a role for those people, but the ripple effect of manufacturing is dramatically higher than the ripple effect of banking. It creates wealth. And countries that have let it slip away have suffered.” Continue reading

Madison Wisc. Teachers Vote to Re-certify Their Union

Pat Schneider, The Capital Times

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Governor Walker upset by unions.

Members of Madison Teachers, Inc. have voted overwhelmingly to recertify their collective bargaining units, according to vote totals released Tuesday by the Wisconsin Employment Relations Commission.

Teachers, with 2,981 eligible union members, voted 88 percent to recertify their unit in unofficial tallies,  pending a period in which objections can be filed.

Total membership and percentage support for other MTI collective bargaining units were:

  • Educational assistants, 719 members, 76 percent in favor of recertification;
  • Substitute teachers, 484 members, 74 percent in favor of recertification;
  • Support staff, 234 members, 77 percent in favor of recertification;
  • Security staff, 27 members, 81 percent in favor of recertification.

Annual recertification of public workers unions is required by Act 10, Gov. Scott Walker’s legislation curbing the collective bargaining rights of public workers. The law required 51 percent of eligible workers to vote to recertify the union in balloting that ended Tuesday. Continue reading

Delta Airlines Fires Worker for $15 hour protest

 

Delta Airlines has decided to fire a veteran baggage handler Kip Hedges for speaking out in support of low wage workers at the Minneapolis- St.Paul Airport.

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