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The Great Recession: It Ain't Over 'Til It's Over

September 23, 2009

The world economy is growing; stock markets are up; talk of recovery, not world depression, fills the business pages. As the leaders of the 20 leading economies gather in Pittsburgh this week, they might well feel the euphoria of someone who has survived a near-death experience. more »

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Pittsburgh Stars at the G20

By Howard Fineman

From newsweek.com

September 23rd, 2009

newsweek.com — Obama's decision to host the G20 economic summit here carries with it this implicit message to the world: yes, we are borrowing lots of money from you, but if you look at Pittsburgh, you can see that we have the brains and the determination to remake ourselves in ways that will insure our long-term solvency.

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I Will be Blogging From The Pittsburgh G-20 JOBS Summit

By Dave Johnson

September 22, 2009

I am flying to Pittsburgh tomorrow and will be blogging here Thursday and Friday from the G-20 summit.

The G-20 is a meeting of the Group of Twenty (G-20) Finance Ministers and Central Bank Governors of "systemically important industrialized and developing economies to discuss key issues in the global economy." more »

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SEN. BROWN: CLIMATE BILL CAN'T PASS WITHOUT AID TO MANUFACTURERS

From thehill.com

September 22nd, 2009

thehill.com — Climate change legislation won't even get 50 votes in the Senate if possible harms to manufacturers in the bill aren't addressed, Sen. Sherrod Brown (D-Ohio) said Tuesday.

Temporary assistance will be needed to prevent American manufacturing jobs from relocating to India and China in order to address Rust Belt lawmakers' concerns about the climate bill, Brown said in a conference call organized by the liberal Campaign for America's Future.

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New Labor Leader Trumka Demands Real Reform on Wall Street, Across the Economy

By Seth Michaels

September 22, 2009

On Wall Street today, AFL-CIO President Richard Trumka is calling for tough new regulations on the financial industry and a new approach to making the U.S. economy work for working people.

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G-20 And The New Economy

Submitted by Isaiah J. Poole

Produced by Institute for America's Future

September 22, 2009

Ohio Sen. Sherrod Brown and Jeff Madrick, director of policy research at The New School’s Schwartz Center for Economic Policy Analysis, join Institute for America's Future co-director Robert Borosage in calling for President Obama to champion fairer global trade policies that safeguard American jobs at the G-20 summit in Pittsburgh. more »

Abandoned Ford Plant To Become Renewable Energy Manufacturing Park

From freep.com

September 22nd, 2009

freep.com — The planned $725-million conversion of the former Ford Motor Co. Wixom plant to a solar and battery power manufacturing center will not only employ some 4,000 workers, but also is an extension of Ford’s commitment to green energy, executive chairman Bill Ford Jr. said today.

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Steel City: Forgotten But Not Gone

By Eric Lotke

September 22, 2009

In the lead up to the G-20 Summit in Pittsburgh, mainstream media are telling half a story. more »

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Brown Looks to Add More Money for Clean-Energy Jobs in Climate Bill

By Kate Sheppard

From washingtonindependent.com

September 21st, 2009

washingtonindependent.com — As the Senate awaits the cap-and-trade bill expected to be released sometime before the end of September, Sen. Sherrod Brown (D-Ohio) is looking for ways to get more incentives for manufacturing and clean-energy technology in the bill that might help sweeten the deal for Midwest Democrats.

Brown has already introduced the Investments for Manufacturing Progress and Clean Technology Act (or, the IMPACT Act) in the Senate, which would provide $30 billion to help small and medium-sized manufacturers transition to clean energy technology through a revolving loan fund. The fund would be distributed by states to support improved energy efficiency, retooling and expansion of manufacturing for new clean-energy technology. The climate and energy bill that the House passed in June included Brown’s provision.

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