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Sunday, July 25, 2010

The Re-Industrialization Of America And Transformation Of Trade Policies To Create Jobs

Workers Independent News 07/23/10 |
by Doug Cunningham on July 22, 2010 - 3:38pm

United Steel Workers President Leo Gerard says he’s tired of economic policies in this country that essentially let Wall Street, bankers and corporations play like kids in a candy store with our economy. Gerard says the Obama administration must get serious not only about re-regulating the financial industry, but about transforming trade policies in this country and creating jobs. He says unions like the steel workers have never been against trade, just against workers being exploited by it.

Gerard: “We’ve never been against trade. If we get a trade agreement with a country, whichever that country is, that is mutually beneficial in real terms, we’re not against that. What we’re against is rotten trade deals that pit worker against worker and make corporations and financiers wealthy at our expense – worker against worker.”

Gerard says with each push by labor for government to do more to create jobs to help workers Republicans and the right wing suddenly raise concerns that those policies will increase the federal budget deficit. The real deficit, Gerard says, is a jobs and trade deficit.

Gerard : “All of a sudden the Republicans think that deficits do matter. I think that what matters is putting people back to work. And if they’re really concerned about the deficit, they ought to talk about the trade deficit. We’ve got a six and a half trillion dollar heading toward seven trillion dollar accumulated trade debt in this country. If they’re concerned about that, they ought to reduce that deficit. They ought to have a program of re-industrialization of America, putting people back to work creating real wealth.”

source: http://www.laborradio.org/node/13902

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