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Monday, July 24, 2017

Trump’s Plan To Renegotiate NAFTA Fails American Workers

Reprinted with permission from AlterNet.

Promises were made.

And workers believed candidate Donald Trump when he pledged to stop corporations from exporting American factories. Workers cast votes based on Trump swearing he would end the trade cheating that kills American jobs.

This week, though, workers got bad news from Washington, D.C. President Trump proposed virtually eliminating funding for a Labor Department bureau that helps prevent U.S. workers from having to compete with forced and child labor overseas. In addition, the administration issued only vague objectives for renegotiating the job-killing North American Free Trade Agreement (NAFTA).

When NAFTA has cost at least 900,000 Americans their jobs, vague is unacceptable. Commerce Secretary Wilbur Ross said his first rule in negotiationsfor a new NAFTA would be to “do no harm.” That’s not good enough.…

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The Immigration Effect

Reprinted with permission from ProPublica.
By Lena Groeger, ProPublica

 

President Trump has promised to increase U.S. economic growth – in fact, he’s banking on it. The budget he proposed to Congress in May assumes a 3 percent growth rate, and the White House website promises a return to 4 percent annual economic growth. Both predictions are far higher than the roughly 2 percent growth rate assumed by the Congressional Budget Office or the Federal Reserve.

In fact, most economists doubt that a 3 to 4 percent growth rate is possible at all without some fundamental policy shift. Sustained periods of such high growth haven’t occurred since the tech boom of the 1990’s and, before that, the baby boomers entering the workforce in the 1960’s.



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Indentured Servitude Gets A 21st-Century Makeover

Reprinted with permission from AlterNet.

Indentured servitude is back in a big way in the United States, and conservative corporatists want to make sure that labor never, ever again has the power to tell big business how to treat them.

Idaho, for example, recently passed a law that recognizes and rigorously enforces non-compete agreements in employment contracts, which means that if you want to move to a different, more highly paid, or better job, you can instead get wiped out financially by lawsuits and legal costs.

In a way, conservative/corporatists are just completing the circle back to the founding of this country.…

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