Dec 15 MUST READ: Support U.S. Manufacturing with WUUL American-Made Beanies Toby Davis is out to revive textile manufacturing in the United States, one beanie at a time … The Southern California resident is the owner of WUUL — standing for Workers United Union Labor — a small knitted headware company that sells American-made beanies. While Toby enjoys fashion, his real passion is centered around Keeping it Made in America. WHAT WERE READING: CLICKWORTHY, PART ONE: Why America’s middle class is lost, The Washington Post “It used to be that when the U.S. economy grew, workers up and down the economic ladder saw their incomes increase, too. But over the past 25 years, the economy has grown 83 percent, after adjusting for inflation — and the typical family’s income hasn’t budged. In that time, corporate profits doubled as a share of the economy.” PART TWO: The devalued American worker, The Washington Post “For decades after World War II, lost jobs came back when the economy picked up again. These times, they didn’t. And it was a particular sort of job that disappeared permanently in those downturns, economists from Duke University and the University of British Columbia have found: jobs that companies could easily outsource overseas or replace with a machine.” U.S. Manufacturing Rebound Lags Behind Work Sent Abroad, The Wall Street Journal “In 2009 through 2013, U.S. manufacturing output grew by an average rate of nearly 6% a year as the nation recovered from a steep recession, the study found. But U.S. imports of manufactured goods from China and other low-cost Asian countries grew even faster, at an average rate of 8%.” Trade policy with China is costing millions of jobs, The Bennington Banner (Vermont) “When China joined the World Trade Organization in 2001 promoters of liberalized U.S.-China trade argued that America would benefit because of increased exports to a large and growing consumer market in China. They said it would lead to increased trade opportunities, manufacturing growth and more jobs for both China and the United States. Unfortunately, the naysayers of the day have been proven right.” US firms push for pact details at US-China trade talks, Taipei Times “The US-China Joint Commission on Commerce and Trade meetings scheduled to run from tomorrow through Thursday are aimed at smoothing out snags ranging from beef exports to currency manipulation in a trade relationship worth more than US $600 billion.” —Taylor, Matt, and Beth Alliance for American Manufacturing
Posted on: Mon, 15 Dec 2014 17:45:13 +0000
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