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Making Sense on China, Trade and Jobs

Number 5 | October 24, 2012

American companies continue to ship good jobs to China. They seek to profit from underpaid, overworked labor with few rights. China, meanwhile, pursues mercantilist policies, promoting its export industries at the expense of those who play by the rules. We can’t continue to let countries like China rig their currency, target our industries and drive us into a race to the bottom. It's time to enforce the rules – and to change the rules that rig the game.

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Democracy Corps/CAF Poll On Jobs And The Economy

The Case

The Jobs Report, and Why the Recovery Has Stalled

We are in the most anemic recovery in modern history, yet our political leaders in Washington aren’t doing squat about it. In fact, apart from the Fed – which continues to hold interest rates down in the quixotic hope that banks will begin lending again to average people – the government is heading in exactly the wrong direction: raising taxes on the middle class, and cutting spending.

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New Poll: America's Workers Soundly Reject Social Security Benefit Cuts

The "chained" CPI is a Social Security benefit cut (not an innocuous "adjustment"), and the majority of voters understand this, with 55% opposing this policy proposal. A new poll, Strengthening Social Security: What Do Americans Want? from the National Academy of Social Insurance (NASI), highlights working people's opposition to benefit cuts, including the "chained" CPI, which reduces the cost-of-living adjustment (COLA). A large majority, 64%, thought the COLA should be increased to better protect seniors and other beneficiaries from inflation and rising prices of food, utilities and other necessities.
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