Symposium to Tackle Challenge of Putting America Back to Work
The contrast is staggering: While Wall Street celebrates record earnings for the fat cats at the top financial firms, the reality on Main Street is that more than one in six working Americans is now unemployed or underemployed.
In the midst of this jobless “recovery,” leading policymakers and experts will gather to discuss how public policy should respond to this unprecedented unemployment crisis at the conference, “The Jobs Deficit: The Challenge of Putting America Back to Work.” The New America Foundation’s Bernard L. Schwartz Economic Symposium is sponsoring the discussion Oct. 20 in Washington, D.C.
For more information and to register for the symposium, click here.
New Trade Policies Needed to Protect Workers
 |
|
Columbia University law professor Mark Barenberg proposes new strategies to ensure that trade agreements protect and advance workers’ rights and says “we should incorporate labor rights and standards in the fundamental ground rules of the new global economy.”
Barenberg is author of a report released today, “Sustaining Workers’ Bargaining Power in an Age of Globalization.” In the report, he argues that trade pacts need rules to allow human rights organizations to constantly monitor whether U.S. trading partners actually comply with international labor rules.
The report, released by the Economic Policy Institute (EPI) as part of its Agenda for Shared Prosperity, suggests specific policies that would result in the same type of tough enforcement rules to protect workers’ rights that now exist for violations of property rights in trade agreements.
Workers’ Rights Good for Business
The union movement wants the Obama administration to develop a coherent trade policy that advances key domestic priorities and makes our nation more competitive in a global economy.
That means rebuilding our infrastructure, investing in education, cleaning up the environment, creating green jobs and providing affordable health care, AFL-CIO Policy Director Thea Lee told a group of business leaders today in Washington.
Speaking at a forum on “Labor and the American Trade Agenda” sponsored by the Global Business Dialogue, Lee said the economic strategies of the past two administrations relied on privatization and global deregulation, ending up with a failed economy based on “asset bubbles, debt and borrowed money.”
Old Economy Doesn’t Work—Time for a New Model
An economy in which the rest of the world produces and America consumes no longer works. The United States must begin to make more of the things we consume. That will require a new vision for our economy and concrete actions to change the core policies that created the current global economic crisis.
Speaking during a workshop at the America’s Future Now conference this morning, several members of a panel on global economic strategy said the key to long-term economic recovery is the creation of a new economic model that emphasizes production and savings, not consumption.
That new vision must include actions to fight the major causes of the collapse of U.S. manufacturing—currency manipulation, trade policies that foster a race to the cheapest sources of labor, tax policies that encourage companies to move offshore and the imbalance of power between workers and employers.
Unions, Allies: Once in a Lifetime Opportunity to Create Jobs of the Future
California Labor Federation communications organizer Rebecca Greenberg reports on the organization’s Building Workforce Partnerships conference.
Economic stimulus, green jobs, energy efficiency…these are terms workers have been hearing quite a bit about lately. This week in San Jose, Calif., unions, government, business and environmentalists joined leading economists at the California Labor Federation’s annual Building Workforce Partnerships conference to address the potential of jointly addressing economic security, energy independence and government stimulus to build a fundamentally stronger economy for America’s workers.
AFL-CIO Opposes Panama Deal, Calls for Trade Policy Review
BREAKING: President Obama has delayed moving the Panama trade deal because of union objections. Read more here.
Congress should not consider the U.S.-Panama trade agreement until Panama implements labor law and tax reforms and the Obama administration lays out a comprehensive, principled trade strategy for the United States.
Testifying before the U.S. Senate Finance Committee today, AFL-CIO Policy Director Thea Lee said the union movement will oppose the Panama deal unless these issues are resolved.
The AFL-CIO has called on Panama to bring its labor laws into compliance with the International Labor Organization’s (ILO’s) minimum standards. For example, Panama’s laws effectively prohibit the forming of a union in most workplaces and seriously limit the right to strike. A growing problem in Panama are the laws that allow employers to circumvent unions by repeatedly hiring the same workers on a temporary basis, rather than hiring them as full-time workers, Lee said.
Trade Deals Must Protect Everyone, Not Just Investors
 |
|
| Workers across the world, like these in South Korea, are opposed to trade deals that do not protect workers’ rights. |
Like the other provisions in U.S. trade agreements, the rules governing U.S. investment abroad and foreign investment in this country unfairly favor those with the capital while giving short shrift to workers and the environment.
Testifying before the House Ways and Means Subcommittee on Trade last week, AFL-CIO Policy Director Thea Lee said the investment provisions in U.S. trade agreements are out of balance, protecting investors’ rights, but not requiring investors to take responsibility to protect workers’ rights and the environment.
U.S. investors invested $333 billion in other countries in 2007 and $318 billion in 2008, more than any other country. The United States also was the largest recipient of foreign investment with $238 billion invested in 2007 and $325 billion in 2008.
World Bank Scuttles Anti-Worker Index
The World Bank’s decision to revise the controversial labor-market ratings in its flagship publication, Doing Business, is long overdue and a “significant step” in the right direction, global union and political leaders say.
Every year, the World Bank rates nations based on criteria that in principle rank countries’ “ease of doing business.” The bank measures 10 separate indicators. But unions, academics and activists have criticized Doing Business as a one-sided publication, focused almost exclusively on a narrow “private investor” perspective, with little regard for social impact.
Buy American Is About Building Jobs, Not Protectionism
The attack by corporations and their media mouthpieces on the Buy American provision in the economic recovery package illustrates just how far removed Big Business is from the needs of U.S. workers—and, ultimately, from what will benefit the nation.
Last night on the PBS “NewsHour with Jim Lehrer,” AFL-CIO international economist Thea Lee honed in on the false arguments pushed by corporate interests who mutter darkly about how Buy American provisions will lead to “trade wars.” The Buy American provision mandates that only U.S.-made goods be used in projects funded by the bill—and requires that these steps are taken in a manner consistent with U.S. international trade obligations. So screams of “protectionism” are a red-herring.
Experts: Obama Must Reform U.S. Trade Policy
The Obama administration has a golden opportunity to reframe and reform U.S. trade policy to reflect what is good for America and its workers, not multinationals that send jobs overseas.
Speaking at a forum on trade at the Economic Policy Institute in Washington, D.C., three trade experts said the nation’s trade policy, especially trade with China, has benefited multinational corporations and financial institutions while working families suffered from millions of lost jobs, stagnating or falling wages and a growing inability to sell U.S. products abroad.
