Policies that give more money to people at the top are inflationary. If we want to help the working class we have to pursue policies that reverse upward redistribution, not promise the return of manufacturing jobs that no longer offer a wage premium.
Without a new approach to manufacturing, we may protect the environment better but continue to reinforce racial and economic inequality. Manufacturing is the only economic sector that can generate new wealth for communities currently shut out
Rampant outsourcing, financialization, monopolization, deregulation, and just-in-time logistics are the culprits. Our supply chains were designed for maximum profit rather than getting things to people, problems that arose in the pandemic folded in.
President Biden has promised enough doses for all American adults by this summer. There’s not much even the Defense Production Act can do to deliver doses before then.
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“There’s a litany of things the Trump administration has done that we have to undo,” said Rep. Andy Levin (D-Mich.), who serves on the House Education and Labor Committee and is a top contender for labor secretary in the Biden administrtation.
Talk of a manufacturing renaissance is nonsense. And there is no reason, based on Trump administration’s economic policies, to expect one.
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Declines in manufacturing employment are shaping the structure of the American family.
These workers know from bitter experience that CEOs don’t have their best interests in mind. They know the problem with the TPP and NAFTA is that they were drafted by CEOs for the benefit of CEOs and 1 percenter shareholders. Workers never got an equal seat at the negotiating tables.They know that Donald Trump listened to 24 CEOs on Thursday but not one manufacturing worker.
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