Subject: It Is Time To Put Our Foot Down: Ten Steps We Can Take to Stop
Closing Factories and Eliminating Jobs ANS
This is also from Campaign for America's Future. It's supposed to be solutions, but it's good ideas with no way to get there from here. I have included the comment I left at the site.
It Is Time To Put Our Foot Down: Ten Steps We Can Take to Stop Closing Factories and Eliminating Jobs
By Dave Johnson
March 10, 2010 - 3:18pm ET
The economy is still getting worse more slowly. We lost "only" 36,000 jobs last month. We need to create 11 million new jobs just to get back to where we were before "free-market" conservatives took over our government and dismantled the protections and regulations that had protected us from this.
Jobs lost, communities devastated, lives destroyed. Over and over again. Yet with all of this going on companies like Whirlpool and Toyota are still closing factories, laying of American workers, and moving manufacturing out of the country! Toyota is closing the NUMMI plant in Fremont, California, which could lose up to 50,000 jobs across California. Whirlpool -- recipient of stimulus dollars from the government -- is closing a factory in Evansville, Indiana and moving the jobs to Mexico where people will be paid $70 a week and certainly won't be buying anything made in America.
It's the system. While the executives collect bonuses and tax breaks for their destructive actions We, the People have to pick up the tab. We pay the unemployment, the stimulus, etc. Our communities pay the cost of losing the jobs and the tax base, our economy pays the cost of losing the manufacturing capability. And the executives and private equity firms and Wall Street get rich. So of course they do more of it.
How crazy is this? In the middle of this terrible jobs crisis companies are still closing factories here and shipping the jobs out of the country. Why do we allow this?
Whirlpool and Toyota (and Wall Street's $140 billion bonus pool this year) ought to be the last straw. It is time for We, the People to put our foot down and say not one more factory closed, not one more job sent out of the country! In fact, it is time to start bringing jobs BACK.
It is time to stop letting goods into the country that are made by exploited workers in areas with no environmental protections without a tariff to take away the price advantage gained from going around the protections that We, the People have fought so hard for.
There is only one way the country can earn the money to pay back what we borrowed from China, Japan and others. That is to make and sell things to others!!! THAT is what "trade" means. "Trade" does not mean allowing greedy executives to sidestep the laws and regulations and protections that We, the People fought so hard to get.
Look around us. Jobs lost, communities devastated, homes foreclosed, lives destroyed, governments going broke. All because of a runaway system that encourages the destruction of our economy. Our system actually encourages executives to close factories and lay people off! Executives make profits and get bonuses (that benefit from tax cuts) if they can figure out how to eliminate YOUR job or close a factory or cheapen a product or keep you from talking to customer support or make you pay an extra fee, etc.
Wall Street and executives benefit from this -- and get tax cuts, tax breaks and subsidies for doing it. But the economy-at-large is destroyed by these same actions when they are widespread. On top of that, we know that when we lose the factories we have to borrow money to buy the things we used to make. But we give tax breaks instead of penalties to companies that do this.
Here are just some steps that We, the People can take to start turning this around:
- A border tariff on imports to remove the price advantage of goods produced by exploited, underpaid workers.
- A border tariff to remove the price advantage of goods produced in ways that harm the environment.
- A border tariff on goods from countries that are not democracies, to remove any pricing advantage gained from not allowing people to vote and set rules that benefit themselves.
- A border tariff on goods from countries that restrict workers from organizing to improve their wages and working conditions, to remove any pricing advantage gained from not allowing workers to bargain. (America currently doesn't meet this standard.)
- Remove tax benefits and instead impose tax penalties and fines on companies that close factories here. Don't let it be profitable to do this!
- Increase taxes on the big monopolistic companies to remove the advantages that help them destroy America's smaller, regional and local businesses -- the very job creators we need.
- Increase income taxes on high incomes to reduce the incentive to pursue short-term windfalls instead of long-term interests. Make it take a long time to accumulate a fortune. Making a fortune is great but it should be a reward for helping our economy and society, not destroying them.
- Break up the "too big to fail" Wall Street firms that wrecked the economy. And get the money back -- all of it.
- Explore the use of Eminent Domain to keep factories in communities and workers in the factories.
- Formulate and follow a national economic/industrial strategy to build a new green manufacturing economy
Please add some ideas in the comments. I will have more to say on all of this.
Views expressed on this page are those of the authors and not necessarily those of Campaign for America's Future or Institute for America's Future
By Kim Cooper | March 15, 2010 - 3:15am GMT
Love your list of things we need.
But how do we get these things into being in reality? The government has been bought by the big corporations -- do you still think we have a democracy left? there's not much left we CAN do. Even if we could get people interested.
No, it's too late.
The only thing we can do now is to form an alternative economy: stop buying things from big corporations as much as possible. Take your money out of the big banks and out of the stock market. Starve the beast, to coin a phrase....
Start new manufacturing businesses on a different model: make them democratically run worker owned cooperatives. That way there will be no fat cat CEOs with ridiculous incomes: that excess money will go to the people who actually do the work. There will be no parasitic stockholders sucking money out of the business and contributing nothing in return: the dividends will go to the workers. There will be no need for an ever-increasing percentage of profit to satisfy blood-sucking "investors" or stockholders: all the business will need to do to succeed is to make a profit. If the business' main reason for being is to support its workers, then the profit can be of the same percentage every year and the business is still a success. Several small businesses can get together and form a "franchise body" that trains, advertises, and buys in bulk for the member businesses, but it's owned by them, so there's no exploitation.
But where will America get the will to save herself? With almost all the media propagandizing fear and greed, where will we get the will?
Popular This Week
by Brian Dockstader
March 09, 2010
by Isaiah J. Poole
March 09, 2010