Updates

08/18/11
Devin Dwyer and Ann Compton, ABC News "At his rural economic forum in Iowa Tuesday, President Obama exhorted the need to boost the manufacturing and export of U.S. cars and trucks to create jobs,” ABC’s Devin Dwyer and Ann Compton write. “But it turns out the president's new custom motor coach comes stamped with a brand that's located someplace else: Canada. The $1.1 million jet-black rumbling bus that has been carrying Obama through the Midwest this week was designed in part by Prevost, a motor coach manufacturer based in Quebec. The New York Post was first to report this, and Provost officials confirmed this fact to ABC News. ‘We just build an empty shell of a bus, and then sell them to a converter for outfitting,’ Prevost's Steve Zeigler told ABC News.
08/18/11
Clyde Prestowitz, Foreign Policy But speaking of manufacturing in America and also of creating jobs and especially green jobs in America, did you see in yesterday's Wall Street Journal that Evergreen Solar has filed for bankruptcy protection, saying that it could not compete with Chinese rivals without a reorganization. It will close production facilities in Midland, Michigan and lay off 80 workers. You may recall that only a few years ago Evergreen was a high flying green start-up venture whose stock price hit $108 in January, 2008. It closed on the NASDAQ yesterday at 16 cents.
08/17/11
Michele Nash-Hoff, San Diego News Room It might not be what you think it is. Most people would say it's no secret and that the answer is obvious - lower wages in China compared to the United States. However, that answer is only partially true. Why? Because labor is only one part of the total cost of a product, and in many cases it's as low as 20% of the total cost.
08/17/11
Daniel Denvir, Gaurdian.co.uk While on a bus tour this week across a midwest ravaged by deindustrialisation, President Barack Obama has ironically been touting job-killing free trade agreements.
08/16/11
Michele Nash-Hoff, Savingusmanufacturing.com Since the year 2000, the United States has lost over 5.5 million manufacturing jobs, nearly 50,000 manufacturing companies, and racked up an annual trade deficit with China of $273 million in 2010, up from $83.8 million in 2000. These escalating trade deficits with China have far-reaching effects, particularly on American workers. This article will examine the impact of free trade with China as documented in two of the annual reports submitted to Congress by the bi-partisan, 12 member U. S.-China Economic and Security Review Commission (USCC).
08/16/11
Michele Nash-Hoff, Huffington Post Since the year 2000, the United States has lost over 5.5 million manufacturing jobs, nearly 50,000 manufacturing companies, and racked up an annual trade deficit with China of $273 million in 2010, up from $83.8 million in 2000. These escalating trade deficits with China have far-reaching effects, particularly on American workers. This article will examine the impact of free trade with China as documented in two of the annual reports submitted to Congress by the bi-partisan, 12 member U. S.-China Economic and Security Review Commission (USCC).
08/16/11
Mike Lillis, The Hill Two House Democrats are urging colleagues to buck the Obama administration and kill a pending free-trade deal with South Korea.
08/15/11
Linda Chavez-Thompson, San Antonio Express The only thing Texas needs more than rain is jobs. But instead of focusing on job creation, Congress is poised to consider three NAFTA–style trade agreements with South Korea, Panama and Colombia that will kill more Texas jobs.
08/15/11
William Lucy, Cleveland.com We worked our way up. The bustling factories of Cleveland not only produced quality American goods, but good jobs that created a black middle class. These were jobs that workers fought to organize and unionize. Because of their struggle, they attained living wages and benefits so that the workers who followed would be able to provide a decent living for their families. Now, merely decades later, the Great Recession and continuing jobs crisis have pulled many working families back into the struggle against poverty.
08/15/11
Ian Fletcher, IndustryWeek One point seems largely to have been missed in recent weeks, amid all the excitement over the federal budget and the sovereign-debt crises in Europe: free trade is largely the root cause of all these problems. So let's trace the causation for a minute.

Pages