Trumka: Grow America’s Economy by Investing in Infrastructure, Job Development
U.S. economic and trade policies over the past three decades have led to jobs lost offshore and a shrinking middle class, and the United States must address this economic bleed through trade policies and investment in infrastructure and manufacturing, AFL-CIO President Richard Trumka said today.
Speaking this morning to the International Economic Development Council, Trumka said the United States must invest in building the 21st century infrastructure necessary for our future, including high-speed mass transit, smart utilities and universal high-speed broadband. That investment, in turn, would boost manufacturing because we will then:
buy what we need in America—from concrete, wire, steel and pipes to high-speed trains. And all this will restore revenues for crucial state and local services.
A Tribute to Ironworker Bill Hack—and all U.S. Veterans
Chester W. “Bill” Hack had survived bloody air combat and the fiery crash of a B-17 bomber into the English Channel.
The Kentuckian was stateside teaching aerial gunnery when he volunteered to fly combat missions again.
Nazi fighters and anti-aircraft fire forced Hack’s bomber to crash into the sea on May 29, 1943. “When we ditched, I was dazed,” said Hack, an 89-year-old retired member of Ironworkers Local 782 in Paducah, Ky.
But when I smelled my hair burning, it gave me the strength to live.
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.”
