Posts Tagged ‘CBS News

23
Dec
16

Chinese billionaire revives closed Ohio GM plant, creates 3,000 jobs

Food for thought. So guess who is going to bring the middle class back in the United States? It could be the Chinese. The Chinese taketh and giveth back.

Chinese businessman Cho Tak Wong turned a shuttered GM plant into an auto glass factory for his global empire

Source: Chinese billionaire revives closed Ohio GM plant, creates 3,000 jobs – CBS News

MORANIE, Ohio — The factory floor is bustling again at a manufacturing plant in Moraine, Ohio.

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Mr. Cho

CBS News

A billionaire has indeed brought jobs back to this part of the Rust Belt, but not the one who promised to on the campaign trail.

His name is Cho Tak Wong; He goes by Mr. Cho.

The Chinese businessman says he expects to create 3,000 jobs in the former General Motors plant, which shut its doors in 2008, costing the area 1,000 jobs.

Mr. Cho turned it into a state-of-the-art auto glass factory, part of his global Fuyao Glass empire, which produces 23 percent of the world’s car windows.

“When I walked into it two years ago it was dark, dirty, it had been uninhabited for quite a few years,” said Jim Reid, a supervisor at the plant.

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Mr. Cho, right, touring the factory

CBS News

Reid voted for Donald Trump for president, who made the Chinese a target during his campaign.

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Jim Reid

CBS News

Correspondent Jim Axelrod asked Reid what he made of a Chinese businessman being the one to bring so many jobs back to Ohio.

“I’ll be honest. I struggled with it a bit when I made the decision,” he said. “Just because of what I’ve been led to believe through my life.”

But Mr. Cho seemed untroubled by Trump’s criticism.

“That was just campaign language. Now that Trump is the president-elect, things will be different,” he said.

“Mr. Cho, are you making America great again?” Axelrod asked.

“Yes!” he replied.

Axelrod asked Reid what his message would be to Trump about Chinese businessmen in the U.S.

“Just give them a try,” Reid said.

Ten percent of the jobs at the plant are held by Chinese employees. As for wages, the Fuyao jobs start in the $12 to $15-an-hour range. The old GM jobs at the same factory paid $30 an hour, but Mr. Cho said he is looking to raise the pay scale considerably.

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16
Apr
16

Americans Have No Right To Be Angry

Americans really have no right to be angry. Really?! These two newspaper articles prove that we Americans have brought our economic malaise upon ourselves. After so many years and with all of the evidence, a majority of Americans still don’t realize that we have directly caused the middle class to disappear and why all the profits go to the top 1%. The first article is “Americans prefer low prices to items ‘Made in the USA'”. The second article is “Exit Polls: Wisconsin Voters Say Trade Leads to Job Losses.”

Bernie Sanders and Donald Trump have turned conventional politics upside down. A large part of their message is that Americans are sick and tired of losing jobs overseas which has created a decrease in good paying jobs. This has caused an angry electorate. So, why does the angry electorate not decry the Free Trade agreements, or stopping buying slave labor made products?  I think that maybe the angry electorate either has no clue what is causing the problem or are so selfish that since it does not effect themselves personally, it won’t change their actions. I believe it is a little of both.

Is Free Trade Sinking?

Is Free Trade Sinking?

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Source: Poll: Americans prefer low prices to items “Made in the USA” – CBS News

WASHINGTON – The vast majority of Americans say they prefer lower prices instead of paying a premium for items labeled “Made in the USA,” even if it means those cheaper items are made abroad, according to an Associated Press-GfK poll.

While presidential candidates like Donald Trump and Bernie Sanders are vowing to bring back millions of American jobs lost to China and other foreign competitors, public sentiment reflects core challenges confronting the U.S. economy. Incomes have barely improved, forcing many households to look for the most convenient bargains instead of goods made in America.

Employers now seek workers with college degrees, leaving those with only a high school degree who once would have held assembly lines jobs in the lurch. And some Americans who work at companies with clients worldwide see themselves as part of a global market.

Nearly three in four say they would like to buy goods manufactured inside the United States, but those items are often too costly or difficult to find, according to the survey released Thursday. A mere 9 percent say they only buy American.

Asked about a real world example of choosing between $50 pants made in another country or an $85 pair made in the United States – one retailer sells two such pairs made with the same fabric and design – 67 percent say they’d buy the cheaper pair. Only 30 percent would pony up for the more expensive American-made one. People in higher earning households earning more than $100,000 a year are no less likely than lower-income Americans to say they’d go for the lower price.

“Low prices are a positive for US consumers – it stretches budgets and allows people to save for their retirements, if they’re wise, with dollars that would otherwise be spent on day-to-day living,” said Sonya Grob, 57, a middle school secretary from Norman, Oklahoma who described herself as a “liberal Democrat.”

But Trump and Sanders have galvanized many voters by attacking recent trade deals.

From their perspective, layoffs and shuttered factories have erased the benefits to the economy from reduced consumer prices.

“We’re getting ripped off on trade by everyone,” said Trump, the Republican front-runner, at a Monday speech in Albany, New York. “Jobs are going down the drain, folks.”

The real estate mogul and reality television star has threatened to shred the 1994 North American Free Trade Agreement with Mexico and Canada. He has also threatened to slap sharp tariffs on China in hopes of erasing the overall $540 billion trade deficit.

Economists doubt that Trump could deliver on his promises to create the first trade surplus since 1975. Many see the backlash against trade as frustration with a broader economy coping with sluggish income gains.

“The reaction to trade is less about trade and more about the decline in people’s ability to achieve the American Dream,” said Caroline Freund, a senior fellow at the Peterson Institute for International Economics. “It’s a lot easier to blame the foreigner than other forces that are affecting stagnant wage growth like technology.”

But Trump’s message appeals to Merry Post, 58, of Paris, Texas where the empty factories are daily reminders of what was lost. Sixty-eight percent of people with a favorable opinion of Trump said that free trade agreements decreased the number of jobs available to Americans.

“In our area down here in Texas, there used to be sewing factories and a lot of cotton gins,” Post said. “I’ve watched them all shut down as things went to China, Mexico and the Philippines. All my friends had to take early retirements or walk away.”

Sanders, the Vermont senator battling for the Democratic nomination, has pledged to end the exodus of jobs overseas.

“I will stop it by renegotiating all of the trade agreements that we have,” Sanders told the New York Daily News editorial board earlier this month, saying that the wages paid to foreigner workers and environmental standards would be part of any deal he would strike.

Still, voters are divided as to whether free trade agreements hurt job creation and incomes.

Americans are slightly more likely to say free trade agreements are positive for the economy overall than negative, 33 percent to 27 percent. But 37 percent say the deals make no difference. Republicans (35 percent) are more likely than Democrats (22 percent) to say free trade agreements are bad for the economy.

On jobs, 46 percent say the agreements decrease jobs for American workers, while 11 percent say they improve employment opportunities and 40 percent that they make no difference. Pessimism was especially pronounced among the 18 percent of respondents with a family member or friend whose job was offshored. Sixty-four percent of this group said free trade had decreased the availability of jobs.

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It is strange that the party that has always supported the Free Trade Agreements are more likely than the Democrats to look unfavorably towards the Free Trade agreements. It is, also, paradoxical, that any Bernie Sanders supporters would support the Free Trade policies as he has been the only candidate who has consistently been against the Free Trade policies.
If you want to know more about the consequences of Free Trade, see my concise blog entry Why Free Trade is Devastating to the USA.
The United States is by no means out of the woods when it comes to offshoring jobs to other countries – companies are closing down plants in the United States and moving to other countries every week, see Carrier, Ford. While multi-national companies like Tyson Chicken continue to shut down all their US plants while expanding to other countries, like Hershey’s Chocolates did soon after NAFTA passed. The USA is bringing back some jobs back from other countries, but it is a trickle. And do not forget that it is quite likely that your own jobs is potentially offshorable in the next five years. According to the Congressional Research Service 25% of all service US jobs (or 40 million jobs) may be offshored. That is on top of the manufacturing jobs that are continuing to be offshored.
Spread the word: Buying Made in USA is very important and Free Trade Agreements are THE reason why we are losing so many good paying jobs.
18
Mar
16

Abboud Factory A ‘Model’ For Other Companies

Bringing American manufacturing jobs back to the United States is a key issue in the presidential race. Clothing designer Joseph Abboud is an expert.

Source: Abboud Factory A ‘Model’ For Other Companies « CBS Boston

Abboud Factory: A Model For Other Companies

NEW BEDFORD (CBS) – Bringing American manufacturing jobs back to the United States is a key issue in the presidential race. Clothing designer Joseph Abboud is an expert.

Since 1987, he’s manufactured high-quality men’s suits and sport coats at a factory in New Bedford. He calls the facility the foundation of his brand. “First, we’re really proud we’re made in America. But the real distinction is making it well in America….This isn’t just flag-waving. It’s really special.”

He wishes every presidential candidate could tour the factory.

“I would say they have to come visit places like this to see what the American worker does and how proud they are. Bring more jobs back to America…I think that’s what the focus should be.”

Abboud insists it is not more expensive to make his men’s suits and sport coats in the U.S. He calls that a myth—explaining that the clothing goes straight from the factory to the customer. “We don’t have the middle with a wholesale-retail margin,” he says.

Mass. Governor Charlie Baker tours Joseph Abboud factory in New Bedford (WBZ-TV)

Mass. Governor Charlie Baker tours Joseph Abboud factory in New Bedford (WBZ-TV)

High-quality Italian fabrics arrive at the factory where they are cut, assembled, stitched and sewn. There are 203 different steps per suit. New technology and machinery ensure consistency. But it’s the workers who run those machines, build the clothing and produce 300,000 suits per year.

For Abboud, a Roslindale native, employing so many people in Massachusetts is a special point of pride. Many of them stay for decades.

Abboud was eager to introduce Governor Charlie Baker to some of those workers during the Governor’s first visit to Abboud’s factory. The Governor, clearly impressed, pointed to manufacturing positions—which often get far less attention than technology jobs—as those that make it possible to “…buy a home, raise a family, build a life. I think we should focus on more of that.”

Now that the Governor’s visited the factory, we asked Abboud whether he would extend an open invitation to the men and women running for President. “I would love for them to come! We’ll make them a suit. And it will be made in America!”

Perhaps, Abboud says, by a new employee. He is looking to hire 40 more workers immediately.

Thanks to Alliance for American Manufacturing for highlighting this article.
10
Oct
13

Bangladesh garment factory fire kills 10 – CBS News

Bangladesh garment factory fire kills 10 – CBS News. Another factory fire in a clothing garment factory in Bangladesh on October 8, 2013.  Just six months after factory building collapse that killed 1127 factory workers and less than one year ago when a factory fire killed 112, a fire in the Aswad Garment Factory in Gazipur, outside Dhaka, Bangladesh, killed 10 people. The Bangladesh government, which has been under considerable pressure to make their factory environment safer since the last two devastating tragedies, has been in negotiations to improving their safety standards. These negotiations have been hamstrung by companies like Wal-Mart and the GAP who do not want extensive improvements, well, at least, they do not want those improvements to occur upon their backs, even though they are the major contractors that employ these small companies to make their clothes.

One great thing about this CBS News link is a separate story where a reporter (Holly Williams) goes undercover, acting as a buyer, at a Bangladesh garment factory. Ms. Williams finds under-aged clothing workers toiling in terrible working conditions within a fire trap. She also finds teenage kids spraying jeans with Potassium Permanganate to “age” jeans using minimal safety precautions.

Avoid cheap, disposable clothing under hazardous conditions. Buy American.

15
Aug
13

Air pollution takes toll on China’s tourism – Yahoo! News

Air pollution takes toll on China’s tourism – Yahoo! News. This link is to Yahoo News, the story is from the Associated Press about how pollution is negatively impacting tourism in China. Due to pollution from manufacturing and sparse regulation on pollution, China is experiencing serious pollution levels. Is it the worst pollution ever in the world ever? Probably not, according to an article from the Atlantic. The worst pollution ever probably was in the 1970’s in Europe and the United States, before there were laws that protected the environment. Since these laws have been passed ( The Clean Air Act, The Clean Water Act, The Environmental Protection Agency) pollution in the United States has decreased by 80% in 30 years and rarely are smog alerts needed. China, while producing the most pollution, may not be the worst regional atmosphere per population, there are three countries that are worse: India, Pakistan and Bangladesh.

air pollution 1

air pollution 2

Missing from the News Reports

I just wanted to let people know that what happens across the world, may have effects on this country. Pollution from China does comes to the United States and may have an impact on cloud formation and the weather in North America (we are not making the global warming argument here). If you think about it logically, we have one earth and one atmosphere. There are not separate domes on each country. This has been documented, see CBS Newslink.

Why is this pollution present in China

China never had a pollution problem until it got out of the agricultural business and became an industrialized nation. And without the willing support of greedy CEO’s who outsourced millions of American jobs to China, (so they could line their own pockets), this could never have been remotely possible. Outsourcing at the same time decreased the economic power of the poor and middle class, by devastating communities, small towns and even large cities (Flint, MI, Detroit, MI, etc) by eliminating jobs and closing down manufacturing plants in these areas. All of this, in exchange for purchasing poorly made products from China (and Bangladesh) while simultaneously poisoning the planet. We can thank these money-is-all-that-matters CEOs for making  China the number one manufacturing force in the World and also one of the dirtiest.

Conclusion

Buy American and protect the planet. Also, help create more American jobs and buy for yourself a better made product.




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