NUMMI Closing Highlights Need for U.S. Manufacturing Policy
Closing the New United Motors Manufacturing Inc. automotive plant in California will eliminate 25,000 jobs in the state and cost taxpayers $2.3 billion to replace the jobs lost, according to a March 3 report by University of California professor Harley Shaiken.
The Daily Labor Report (subscription required) notes:
California and municipalities near the Fremont, Calif., plant will lose nearly a billion dollars of revenue in the decade after the plant closes, according to a blue-ribbon panel formed by state Treasurer Bill Lockyer (D).
Using estimates by the President’s Council of Economic Advisers, the report found that “just creating 4,700 jobs-the number lost at NUMMI itself—would cost $433 million.”
Let’s Foment a Green Industrial Revolution
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Leo Gerard, president of the United Steelworkers, is among several key speakers at the Building the New Economy conference Oct. 29 in Washington, D.C. AFL-CIO President Richard Trumka also is among the keynote speakers. Here Gerard describes why we need a 21st century green manufacturing revolution.
We need to foment a new American industrial revolution—specifically, a 21st century burgeoning of green manufacturing in the United States.
Americans going green—manufacturing windmills and solar cells—would benefit both the economy and the environment. As the Wall Street debacle that pushed this country into the Great Recession last year showed, the United States cannot depend on trading in obscure financial products to support its economy. To survive, America must be able to manufacture products of intrinsic value that can be traded here and internationally.
