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Friday, October 26, 2012

Progress Illinois: Freeport Sensata Layoffs Spark National Debate On Outsourcing

From the article, which is well worth a full read:

"Employees at the Sensata Technologies manufacturing plant in Freeport have failed to prevent the outsourcing of their jobs to China. But they have succeeded at helping to spark a national election season conversation about outsourcing, one that has dominated Illinois' 17th Congressional district race and emerged in the presidential campaign."

Thursday, October 25, 2012

Barack 14 - Trump 0

Which gives us an excellent reason (as if we needed one) to revisit the President's comments at #nerdprom:

Thursday, October 18, 2012

Why Sensata Matters

  • Mitt Romney has been criticizing the Obama Administration with the claim that "twenty-three million Americans are out of work, underemployed, or have stopped looking for work."
  • He has also been promising to crack down on China, with the claim that "On Day 1, I will label China a currency manipulator, which will allow me as president to be able to put in place, if necessary, tariffs where I believe that they are taking unfair advantage of our manufacturers."
  • And at the same time that Mitt Romney has been making these claims, the company he co-founded, Bain Capital, has been shutting down Sensata Technologies, a manufacturing plant in Freeport, Illinois, and shipping some 170 manufacturing jobs overseas to… you guessed it: China.

I came across an article written by a conservative blogger who tries to debunk, refute and spin some of the claims about the Sensata story, but only ends up making a mess of things. After the jump, let's try to get the facts straight.

Wednesday, October 17, 2012

EPI: For workers, the consequences of job loss are staggering

The figure below, from The State of Working America, 12th Edition, shows the average weekly earnings loss of workers who were laid off from a full-time job in the prior three years. Workers who lost a full-time job in 2007–2009 but were reemployed in either full– or part-time jobs in 2010 faced weekly wage cuts of 21.8 percent. Some of this drop is due to the large increase in people settling for part-time work because full-time work is not available. But even restricting the analysis to only displaced workers who were able to find another full-time job, the drop is still a staggering 10.5 percent.

 

Saturday, October 13, 2012

#Sensata

Romney's Bain Selling Out American Workers to China

Challenges

Friday, October 12, 2012

Paul Ryan, Malarkey and Zombie Lies

From last night's debate transcript:

RYAN: Let's not forget that they came in with one-party control. When Barack Obama was elected, his party controlled everything. They had the ability to do everything of their choosing. And look at where we are right now.

As the Vice President might have said, with all due respect, that's a bunch of malarkey.

We've refuted the 'one-party' talking point before: Democrats had a filibuster-proof Senate majority for all of 14 weeks. Perhaps it's fitting that the zombie-eyed granny starver (thank you, Mr. Pierce) resurrected a zombie lie.

There's one other thing that Congressman Ryan seems to have neglected to mention:

During a lengthy discussion, the senior GOP members worked out a plan to repeatedly block Obama over the coming four years to try to ensure he would not be re-elected.

Attending the dinner were House members Eric Cantor, Jeb Hensarling, Pete Hoekstra, Dan Lungren, Kevin McCarthy, Paul Ryan and Pete Sessions. From the Senate were Tom Coburn, Bob Corker, Jim DeMint, John Ensign and Jon Kyl. Others present were former House Speaker and future – and failed – presidential candidate Newt Gingrich and the Republican strategist Frank Luntz, who organised the dinner and sent out the invitations.

When was this dinner? On the night that Barack Obama was inaugurated: January 20, 2009.

Businessweek: The Plight of the Long-Term Unemployed

Another reminder of why we fight for the 99ers, from Drake Bennett at Bloomberg Businessweek:

Unemployment is a setback; long-term unemployment is a sentence. There are 6.7 million Americans not officially counted as part of the labor force who say they’d like a job, according to the Bureau of Labor Statistics. Bringing these lost and largely invisible people back into the economy will be a long and expensive undertaking.

Saturday, October 6, 2012

First-hand experiences of the unemployed

From the October 3rd edition of Huffpost Hill:

DAILY DELANEY DOWNER - Sadness from the unemployment mailbag: "I have zero self esteem. I have let down my family and everyone I love. I'm a lousy role model for my son. I don't wish to be a burden for the government, my parents or my family. I just want a job."

And from the September 24th edition:

DOUBLE DOWNER - People do not appreciate food stamp shaming. Cindy Nerger, a dialysis patient who gets by with a little help from food stamps, did not appreciate getting hassled by a supermarket cashier last week. "I was upset, so, I was like, you know, I told you that it was covered under food stamps, you know, so, there was no need for all of this, you know, and he said, 'Well excuse me that I work for a living and don't rely on food stamps like you,'" Nerger told local station WMAZ. "I was angry at first, but it turned into tears because when I turned around and I saw the people there I was like, oh my goodness, and I just started crying."

I use this quote from Shakespeare on my Twitter page: "You take my life when you do take the means whereby I live." As the two examples above demonstrate, he could not have been more prescient.