[biztech-discussion] Trade Bits

  • From: "Samantha Clark" <sclark.abq@xxxxxxxxxxxxx>
  • To: <biztech-discussion@xxxxxxxxxxxxx>
  • Date: Fri, 2 Jul 2004 18:33:20 -0600

> July 02, 2004
> "TRADE BITS" From Regime Change 2004
> OHIO MATTERS:  The importance of job losses in Ohio from trade was
> emphasized by Rep. Sherrod Brown (D-OH), Pam Rosado of the group Policy
> Matters Ohio, and economist Richard
> DeKaser, Senior VP of National City Corporation, at a hearing conducted by
> Rep. Stephanie Tubbs Jones (D-OH) in Cleveland OH yesterday.  The hearing
> was the final session for input into the 2004 Democratic Platform before
> the
> platform committee meets in Miami July 8-9 to draft a platform.  Maria
> Wilkinson of the Ohio Conference on Fair Trade presented the "Fair Trade
> for
> Ohio" statement, endorsed by Ohio labor, social justice, and environmental
> organizations to the platform committee officers.
> STOP WHINING: U.S. Chamber of Commerce President and CEO Thomas Donohue
> urges American companies to send jobs overseas as a way to boost American
> competitiveness, AP reports 7/1/04.  Workers affected by offshoring should
> "stop whining," Donohue told the Commonwealth Club in San Francisco.  AP
> says the pace of outsourcing jobs in the technology industry "has shocked
> statisticians and economists" and that the outlook in the San Francisco
> Bay
> area "is particularly bleak" as technology companies have exported
> high-paying jobs in research and development, software engineering, chip
> design and biotechnology startups.  Nearly one-third of local workers are
> worried about losing their jobs according to a survey released Wednesday
> by
> staffing firm Hudson Highland Group, Inc.
> VOTE JOBS:  Sen. John Kerry spoke last Friday in Massillon OH with workers
> who attributed their economic woes to "ongoing plant closings and mounting
> job losses," the Washington Post reported 6/26.  Bill Wright, a
> Steelworkers
> union official at one of three local Timken factories threatened with
> closing, said that "single issue" voters among his members are
> reconsidering
> their vote.  "If you have a problem with gun control or abortions, take it
> up," Wright says. "But vote to save your job."
> CHINA TROUBLE: "A number of the current trends in U.S.-China relations
> have
> negative implications for our long-term economic and national security
> interests," the U.S.-China Economic and Security Review Commission told
> Congress in its 6/15 annual report.  "The U.S. trade deficit with China is
> of major concern because it has contributed to the erosion of
> manufacturing
> jobs and jobless recovery in the United States," the report says.  U.S.
> firms "continue to invest heavily in China, moving manufacturing capacity
> and, in some cases, research and development along with this investment."
> The Commission urges the administration to use the WTO and U.S. trade laws
> to redress unfair Chinese trade practices, and "act promptly" to address
> China's exchange rate manipulation, denial of trading and distribution
> rights, lack of IPR protection, objectionable labor standards, and
> subsidies
> to export industries. The report is available at www.uscc.gov.
> NEW DIRECTION?: Speaking at the National Association of Latino Elected
> Officials 6/26, Democratic Presidential candidate John Kerry said that
> trade
> agreements that do not help workers both in the U.S. and Latin America
> "are
> not worth the paper on which they are written."  A statement released by
> his
> campaign said that "President Bush has failed the Central Americans by
> negotiating a CAFTA agreement that misses the mark on labor and
> environmental standards."  Kerry promised to "bring us back to the
> negotiating table to develop an agreement that provides economic benefits,
> creates jobs and includes strong protections for labor and the
> environment."
> He will do the same with the Free Trade Area of the Americas negotiations,
> according to the statement. "Free trade agreements should not mean that
> job
> gains in one country mean job losses in another,"  Kerry said.
> PLUMB HAYWIRE: Most family farmers either believe that U.S. trade policy
> goals are "plumb haywire, or the folks implementing them have done a lousy
> job," Nebraska Farmers Union President John Hansen told the Senate
> Democratic Policy Committee 6/18.  "Our national trade policy simply has
> not
> performed as promised," Hansen said.  "Farmers are more than a little
> skeptical about . . . corporate driven globalization, increasing ag market
> concentration and noncompetitive markets, vertical integration, captive
> supplies, and the corporate takeover of traditional livestock and grain
> production."  Citing a decline in the farmers' share of the consumer food
> dollar to 20.9% in 2003, Hansen said that trade "does not fix the
> increasingly unfair distribution of the profits in the food economy."  He
> called for new policies to stop the destructive "race to the bottom" in
> commodity prices fostered by current trade rules "costing developed
> countries billions of dollars each year and jeopardizing the ability of
> developing nations to provide an adequate standard of living for their
> citizens."   See http://democrats.senate.gov/dpc/dpchearing.cfm?A=15.
> POLLS, POLLS:  45% of voters say that the Bush administration has been
> responsible for a decline in jobs, compared with 24% who say it has
> brought
> an increase, according to a New York Times/CBS News Poll released 6/29.
> The
> poll shows 43% of voters nationwide supporting George Bush, 42% supporting
> John Kerry, and 5% supporting Ralph Nader.  Without Nader, the split is
> 45%
> Kerry, 44% Bush.  USA TODAY reports 7/1 that a Battleground Poll released
> this week by George Washington University finds that voters "continue to
> be
> focused on two major subjects: the economy and security concerns."  This
> poll shows Kerry with a 49% to 42% advantage on "creating jobs," and Bush
> and Kerry tied at 48% in a national contest.
> LOW WAGE JOBS: Nearly 2/3 of the jobs added to the U.S. economy since last
> August have been low wage jobs, says USA TODAY in a 6/29 article.  "We're
> creating a lot more jobs but they are still largely lower-paying jobs,"
> the
> paper quotes Mark Zandi, economist for Economy.com.  An analysis shows
> that
> several low wage industries such as food services and administrative and
> support services employ more individuals than they did before March 2001,
> but many higher wage industries employ fewer.  Employment in computer and
> electronics manufacturing is down 27%, telecommunications down 21%, and
> publishing down 12%.
> IMPORTS UP: The U.S. economy grew more slowly in the first quarter of 2004
> than previously reported because more consumer cash "was used to pay for
> imports, rather than American provided goods and services," the Washington
> Post reported 6/26. The revised figures show that the economy grew at a
> seasonally adjusted 3.9% annual rate in the first quarter of 2003,
> compared
> to 4.1% in the last quarter of 2003.
> For more information about the Regime Change 2004 project, contact:
> Jim Jontz
> Americans for Democratic Action
> 1625 K Street, NW Suite 210
> Washington DC, 20006
> 202-785-5980
> 202-785-5969 (fax)
> or visit www.fairtradenow.org
> Hoang Anh Lam
> Americans for Democratic Action
> 1625 K Street, NW Suite 210
> Washington DC, 20006
> 202-785-5980
> 202-785-5969 (fax)
> alam@xxxxxxxxxxxx
> www.adaction.org
> ADA is the nation's oldest independent liberal political
> organization, dedicated to individual liberty and building
> economic and social justice at home and abroad. Since 1947,
> we have led public opinion and coalitions by taking early,
> principled stands on a broad range of domestic, foreign,
> economic, military, social and environmental issues.

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