Thousands Rallied to Support Postal Workers, Save 120,000 Jobs
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Thousands of postal workers and their supporters held rallies in 492 locations across the country yesterday to protect the U.S. Postal Service (USPS) and save 120,000 jobs.
Members of the four USPS employee unions—the Postal Workers (APWU), Letter Carriers (NALC), Mail Handlers, an affiliate of the Laborers (LIUNA), and the Rural Letter Carriers—and our allies held events in every congressional district as part of a national “Save America’s Post Office” day of action.
Under the guise of a “budgetary crisis,” some in Congress are going after the USPS, proposing massive cuts and job cuts—including laying off 120,000 workers, closing thousands of post offices, eliminating Saturday mail service and closing mail processing facilities. The rallies yesterday urged lawmakers to save the USPS by supporting H.R. 1351. Introduced by Rep. Stephen Lynch (D-Mass.), the bill would restore financial stability to the Postal Service.
Momentum Building for Action on China Currency Manipulation
The momentum is building for the United States to take strong action to counteract manipulation of its currency by China’s government.
More than 130 members of Congress signed on to a letter from Reps. Mike Michaud (D-Maine) and Tim Ryan (D-Ohio) delivered today that urges Treasury Secretary Timothy Geithner and Commerce Secretary Gary Locke to take strong action up to and including countervailing duties (CVD) or tariffs because of currency manipulation.
Michaud and Ryan’s letter is the latest in growing calls by Congress and by top economists for the United States to act on the manipulation of currency by China’s government. If Geithner does act, the administration could impose remedies, such as tariffs, to create a fairer trade balance with China.
AFL-CIO President Richard Trumka, who co-chairs the Fair Currency Coalition, thanked Michaud and Ryan for their letter:
The working families of this country need jobs now. If we want a recovery that will invest in manufacturing, boost exports, balance trade, and create jobs we must stop China and other countries from illegally manipulating their currency. China’s prolonged undervaluation…is an illegal export subsidy. That is why the U.S. government must allow CVD cases to proceed. American workers expect their government to stand up for them.
