Stimulus Money Creates Jobs, Rebuilds Rail Cars
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In Delaware, 50 union workers, including 20 Electrical Workers (IBEW) members, are at work and paying their bills and mortgages, thanks to economic recovery money that is also saving Amtrak millions of dollars in new equipment.
Those jobs are part of as many as 3.3 million jobs that President Obama’s American Recovery and Reinvestment Act saved or created since it was signed into law in February 2009. In the three months prior to passage of the legislation, the nation had lost 2.2 million jobs—more than 8 million jobs disappeared during the Bush administration.
The Delaware workers are converting old and abandoned dining cars into money making Amtrak passenger cars. IBEW member Tom Rapposelli, standing in one of the cars being refurbished, says in this IBEW video:
This car would have probably been totaled and left outside to rot. And with that stimulus money we were able to put it back together with new people being hired.
Stimulus Funds Creating Jobs
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Critics of the American Recovery and Reinvestment Act, also known as the stimulus package, often lump it in with the bailout of the banks. But the Recovery Act has nothing to do with Wall Street. It is putting people back to work on Main Street, by creating or saving millions of jobs.
A recent “ABC Evening News” report showed the legislation was behind 3,100 jobs in Philadelphia. The city’s Housing Authority is using its $127 million grant to rehab public housing, putting 3,000 people to work. A local window manufacturer hired 100 new employees to meet the demand for new windows for the public housing.
As Carl Greene, executive director of the Philadelphia Housing Authority, told ABC:
Without the stimulus money, 3,000 less people would have the opportunity to work.
A Little ‘Buy American’ Goes a Long Way
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Gee what a concept: When U.S. taxpayer money is spent on economic stimulus programs that channel the funds into U.S. jobs, America’s communities, workers and, yes, the nation benefit.
Case in point: a stimulus-funded bridge project in Hubbard County, Minn., whose construction is based on the “Buy America” provision of the American Recovery and Reinvestment Act. From the Alliance for American Manufacturing:
According to a Hubbard County engineer who is overseeing the project, domestically sourced inputs, including cement, plywood, and 55,000 pounds of reinforced steel, are being used because of the Buy America requirement.
Instead of using foreign inputs, which are less stimulative for job creation, domestic steel is being used to create 30-foot I-beams to support the bridge deck. Steel rebar is also used in the project. The local engineer also reports that the Buy America requirements are not burdensome and are not an impediment to the project. The project came in under budget with $600,000 allotted, but only $430,000 needed to complete the project. The bridge construction is moving quickly and is expected to be completed shortly.
Memo to Leaders Meeting with China: Time for U.S. Policy that Aids Our Economy
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Here in Washington, D.C., President Obama, Secretary of State Hillary Rodham Clinton and Treasury Secretary Timothy Geithner are taking part in a big-time summit with China. Let’s hope they have substantive discussions on economic policies that aid U.S. workers. Over the past few days, several great pieces on trade and manufacturing have been published that should feed into the discussions of U.S. participants in what is officially called the “sixth Strategic and Economic Dialogue with China.” Here’s a summary.
**U.S. “protectionism” is a myth. There’s an “untold story of protectionism,” say United Steelworkers (USW) President Leo Gerard and Scott Paul, executive director of the Alliance for American Manufacturing. That is, the set of barriers other governments erect to block American goods and the mercantilist measures they utilize to gain market share in the United States.
These practices range from China’s currency misalignment and massive industrial subsidies to non-tariff barriers in Korea and Japan. All these impediments have been well documented by U.S. trade officials, but the mere act of identifying these practices is now viewed as protectionism, even though taking action to eliminate them would expand world trade, reduce global imbalances and preserve the free market.
Obama’s First 100 Days Mark Major Wins for Working Families
It’s worth repeating—again and again: What a difference an election makes, especially an election in which working family voters pool their strength and efforts to put an end to the most anti-worker, corporate-beholden administration in modern times and elect a president who shares our values and dreams.
Today is the 100th day of Barack Obama’s presidency. In the past three months, Obama, Vice President Joe Biden and the Democratic Congress—operating with a Republican axe hanging over it—have made major strides to rebuild America for working families.
Economic Recovery Package: Jobs, Jobs and More Jobs
Now that President Obama’s economic recovery package has been enacted, workers and political leaders are poring over the details of the plan to figure out the potential impact on workers and their unions.
Jeff Rickert, director of the AFL-CIO’s Center for Green Jobs, says the package will create millions of new jobs and open up opportunities for workers to gain long-term, quality jobs in areas of the economy where unions are strong—manufacturing, construction and others.
Case in point: Nearly $7 billion will be spent in Illinois alone on projects ranging from $1.6 billion for transportation infrastructure, nearly $1 billion for highways and $154 million in job training.
133,000 Ohioans Get Jobs, Despite Boehner Tantrum Over Recovery Bill
The economic recovery bill signed by President Obama this afternoon in Denver is the same bill that House Minority Leader John Boehner (R-Ohio) literally trashed by throwing it on the floor of the U.S. House on Friday during a debate tantrum against the bill.
His anger was directed at a bill that will create or save 133,000 jobs in Boehner’s Buckeye State, provide tax cuts for 4.5 million Ohioans and boost unemployment benefits for 666,000 jobless workers in the state. The bill has similar impacts on all states and nationally creates or saves 3.5 million jobs.
But Boehner, along with every House Republican and all but three Senate Republicans, loudly and vehemently heaped scorn on the American Recovery and Reinvestment Act. They obviously don’t give a whit about the tens of millions of Americans who are jobless, facing foreclosure or loss of their health care. Apparently, bipartisanship is defined as “my way or no way” in the lexicon of Boehner and Senate Minority Leader Mitch McConnell (R-Ky.).
Thinking Big About a New Economy
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Nobel Prize-winning economist Paul Krugman, Pennsylvania Gov. Ed Rendell (D) and Rep. George Miller (D-Calif.) will headline an array of economic experts and progressive leaders as they gather in Washington, D.C., tomorrow to discuss strategies for rebuilding a new and more sustainable economy.
More than 800 people are expected to attend the Thinking Big/Thinking Forward conference, co-sponsored by The American Prospect, Institute for America’s Future, Demos, and the Economic Policy Institute (EPI). In a joint statement, the conference organizers say the current economic crisis requires far more than a short-term stimulus.
The current recovery plan must be understood as a down-payment on a sustained expansion of public investment vital to building this new economy. It is time to discard the scorn for effective government that contributed to our current travails and commit to making the investments critical for our future as a centerpiece of a new economics of shared prosperity.
Senate-Passed Recovery Bill Would Create Jobs; Republicans Bent on Killing It
The Senate this afternoon approved (61-37) an $838 billion economic recovery package that reflects much of what President Obama sought in legislation to get the nation’s economy moving again. But it eliminates more than $40 billion in aid to fiscally strapped states and other job-creating provisions that are part of the House-passed version of the bill.
The Senate bill is somewhat of a compromise to win the votes of three moderate Republicans—Arlen Specter (Penn.), Susan Collins (Maine) and Olympia Snowe (Maine)—and prevent a filibuster by Republican leaders. The filibuster threat was turned back last night.
The bill now goes to a House-Senate conference, where House leaders say they will attempt to focus on restoring the jobs provisions, while maintaining 61-vote filibuster-proof support in the Senate.
Even McCain’s Economist Says We Need Big Recovery Package
The economy is rolling faster and faster downhill—more 1.5 million jobs lost in the past three months—and Republican leaders in the Senate and House, along with their wacko radio talkers, are trashing President Obama’s economic recovery program.
But if action isn’t quickly taken, even darker days are ahead. Says Mark Zandi, a former economic adviser to Sen. John McCain:
Without stimulus, unemployment will rise well into the double digits, and the economy will not return to full employment until 2014.
Tomorrow, some 500 members of the community activist group ACORN, along with AFL-CIO Executive Vice President Arlene Holt Baker, will rally at 2:30 p.m. on the West Lawn of the U.S. Capitol to urge Congress to quickly pass the recovery legislation.
