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UNDERNEWS

Undernews is the online report of the Progressive Review, edited by Sam Smith, who covered Washington during all or part of ten of America's presidencies and who has edited alternative journals since 1964. The Review, which has been on the web since 1995, is now published from Freeport, Maine. We get over 5 million article visits a year. See prorev.com for full contents of our site

March 3, 2010

OBAMA SOLUTION TO STOP OUTSOURCING: STOP COUNTING JOBS OUTSOURCED

SEMINAL - Since 2000, the U.S. has lost 5.5 million manufacturing jobs, with 2.1 million of those jobs being lost in the last two years alone. Since 2001, over 42,400 factories have closed in the U.S., and another 90,000 are considered at severe risk of closing. The last time so few were employed in manufacturing was in 1941, before World War II spending pulled that sector out of its Great Depression slump.

So President Obama has come up with a big and bold solution to deal with problem. He's going to shut down the federal office that counts how many jobs are being shipped overseas. From The Washington Post:

"Like a scorekeeper for the world, a tiny unit within the Bureau of Labor Statistics tracks globalization's winners and losers, and the results are not always pretty for the United States. Manufacturing jobs here, for example, have fallen faster since 1979 than in Canada, Germany or Japan. Compensation for those jobs dropped here in 2008 but jumped in South Korea and Australia.

"Soon, however, Americans may be spared the demoralization in these numbers: The White House wants to shutter the unit that produces them.

President Obama's budget would eliminate the International Labor Comparisons office and transfer its 16 economists to expand the bureau's work tracking inflation and occupational trends."


1 Comments:

Anonymous Anonymous said...

Kinda like Obama's solution to the quandry "How do we deal with prisoners in the 'war on terror'?"
Solution: Don't take prisoners. Kill 'em all.

March 4, 2010 5:59 AM  

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