From NWU member Jim Jontz: > June 18, 2004 > > TRADE BITS > > RECORD TRADE GAP: The U.S. trade deficit "unexpectedly" hit a record > $48.3 billion in April, the New York Times reported 6/15. The trade > deficit "was more than any economist had estimated . . . and followed a > March deficit of $46.6 billion," the Times says. Imports rose 0.2% for > the month to $142.3 billion, while exports declined by 1.5% to $93.9 > billion. The Times reported the same day that Sen. John Kerry would > campaign on the economy this week in Michigan and Ohio, focusing on "the > shift to employment in lower-paying industries with scanty benefits" and > the financial squeeze on the middle class. > > McJOBS: The "depressing news" from a federal study of future employment > opportunities is that seven of the ten fastest growing occupations are > "poorly paid McJobs," says the Village Voice (6/15). Predictions for > hundreds of thousands of new jobs in retail, customer service, and food > preparation, and for cashiers, janitors, waiters and waitresses, and > nursing aids suggestions that "there will be plenty of jobs, but far fewer > careers," Village Voice writes. Jessica LaPlante of Green Bay WI was laid > off in 2003 and is now training to be a paralegal, but told Village Voice > that she's worried she may have to retrain again. "Is there any job or any > career you can rely on?," LaPlante asked. "Aside from health care, I'm not > hearing a whole lot of optimism as far as job security goes." > > NO TO PRIVATIZATION: Opposition to privatization has increased to 70% of > the Mexican population, up from 40% in 1998, according to a report issued > by the World Bank. An article La Jornada (6/16) about the report says > disillusionment over privatization in Mexico and other Latin American > nations is fueled by mass firings, price increases, and the failure to > realize promised benefits. The World Bank study found that negative > feelings about privatization is even higher in Brazil and Argentina, with > opposition from 80% and 90% of the population in those two countries > respectively. > > OUTSOURCING REAL?: The conclusions of a survey from the U.S. Labor > Department downplaying the impact of overseas job loss reflects > questionable methodology, says Dean Baker in the 6/14 Economic Reporting > Review (www.cepr.net/pages/Economic_Reporting_Review_Page.htm). Baker > says that it is "not surprising" that the Labor Department survey finds > little evidence of job loss due to outsourcing, since the survey only > examined layoffs of more than 50 workers, and relies self-reporting by > employers for the reason for the layoffs. Baker notes that coverage of > the survey in the 6/11 New York Times mentions these qualifications, but > the article "may lead many readers to believe that this study is more > conclusive than in fact is the case," Baker says. > > SHARP DIFFERENCES: A USA TODAY editorial calling on both the Bush and > Kerry campaigns to stop "stretching the truth" in campaign advertisements > says that trade is one of the issues on which there are significant > differences between the two candidates. "Bush and Kerry have sharply > differing views on many issues, from taxes and trade to health care and > the environment," USA TODAY wrote 6/4. "Highlighting them honestly would > allow voters to make informed choices." > > HIGH SKILLS: Documents from Microsoft show that high skill work is not > immune from offshoring, the New York Times reports 6/16. "Microsoft has > hired vendors whose whole reason for being is to transfer work offshore," > said Marcus Courtney of WashTech, an organization of technology workers > based in Seattle. Courtney says that the foreign competition for work at > Microsoft will help the company reduce wages and eliminate benefits for > its employees in the U.S. "The policy prescription you hear from people > again and again . . is for Americans to move to high-end work," Ronil Hira > of the Rochester Institute of Technology told the Times. "It's important > to dispel the myth that high-end work is immune to offshore outsourcing." > > QUOTAS OUT?: A "last ditch" effort by U.S. and international textile > industry groups seeks to prevent the U.S. and the European Union from > eliminating quotas on apparel imports from developing nations in 2005, the > Miami Herald reports 6/15. "We are looking at it as a train wreck with > imports from China," says Karl Spilhaus, president of the Northern Textile > Association arguing that China will monopolize exports at the expense of > developing countries. Last week, 117 Members of Congress signed a letter > to George Bush asking him to endorse an emergency meeting of the WTO to > address the expiration of textile and apparel quotas, the Herald says, but > the Bush administration insists "there is no going back." The textile > industry has lost 336,000 jobs in the US since Bush took office. > NOTE: Permission is granted to reprint or distribute this material. > > For more information on Regime Change 2004, contact: > Jim Jontz > President Emeritus > Americans for Democratic Action > 202-785-5980 > or visit www.fairtradenow.org <<<<<<<<http://www.fairtradenow.org>>>>>>>> > > >