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Showing blog posts tagged with trade

Five Causes of Wage Stagnation in the United States

Five Causes of Wage Stagnation in the United States

A series of recent reports from the Economic Policy Institute (EPI) make clear the case for why wages have stagnated in the United States. 

Before digging into the details, it's important to note a few things. First off, wage stagnation is not a small problem, it's something that affects 90% of all workers. As one of the authors of these reports, Lawrence Mishel, says: "Since the late 1970s, wages for the bottom 70 percent of earners have been essentially stagnant, and between 2009 and 2013, real wages fell for the entire bottom 90 percent of the wage distribution." Second, while the Great Recession made things worse, the problem goes back 35 years. And third, and most importantly, wage stagnation is a matter of choice, not necessity.

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Now or Never: Fight Back Against Fast Track

An unholy coalition of President Barack Obama, Senate Majority Leader Mitch McConnell, House Speaker John Boehner, the U.S. Chamber of Commerce and the Business Roundtable are working together to pass Fast Track authorization for the largest trade giveaway ever, the Trans-Pacific Partnership, in the next 100 days.

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8 Things You Need to Know About Trade Deals This Year

8 Things You Need to Know About Trade Deals This Year

A lot of the buzz about the new Republican-controlled Senate is about international trade deals, particularly the Trans-Pacific Partnership (TPP) and so-called Fast Track authority. As we previously discussed, the problems with Fast Track and TPP are plentiful. They aren't good for working families. They cost jobs and increase inequality. Here are eight things you need to know about TPP, Fast Track and other potential trade deals this year:

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AFL-CIO Urges Obama to Promote Human Rights and Equitable Development on Both Sides of the Border

Image via Google search, labled for reuse.

President Barack Obama hosted President Enrique Peña Nieto of Mexico in Washington, D.C., today and, as emphasized in a letter sent by AFL-CIO President Richard Trumka, the global trade union movement is deeply concerned by the human rights crisis in Mexico, which harms working people on both sides of the border.

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New Year’s Resolutions for Fair and Balanced Trade

Photo courtesy AFGE on Flickr

Last month, the United States Trade Representative, former Citibank official Michael Froman, called 2014 a “banner year on trade.”

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Why We're Still Fighting the Last War on Trade Policy

Figure 1. Are TPP and TTIP just the next two laps in the race to the bottom?

The other day, President Barack Obama spoke to 100 top CEOs from the Business Roundtable. He was asked about two huge new trade deals, favored by global companies, known as TPP and TTIP. The president taunted critics of our failing trade policy, telling them, "Stop fighting the last war."

That sounds patronizing. Is it true that companies trying to manufacture in America, workers, communities and environmentalists need the president to explain their interests to them, as if 25 years of lived experience with NAFTA-style trade deals haven't been sufficiently clear?

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AFL-CIO Joins Broad Coalition to Fight for Affordable Medicines

AFL-CIO Joins Broad Coalition to Fight for Affordable Medicines

Yesterday, the AFL-CIO’s own Thea Lee joined AARPDoctors Without BordersOxfam America and the Generic Pharmaceutical Association in urging President Obama to fix proposals in the Trans-Pacific Partnership (TPP)—a trade and economic governance deal currently under negotiation—that could leave us all paying more for life-saving prescription medicines.

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Powerful Members of Congress Oppose Special 'Corporate Court' Rights for European Firms

Yesterday, five members of the powerful Ways and Means Committee of the U.S. House of Representatives (Reps. Bill Pascrell, Lloyd DoggettJohn LewisLinda Sánchez and Jim McDermott) stood up for working people by opposing the destructive “corporate courts” in the proposed trade and economic deal with Europe known as the “TTIP.”

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Where Is the Media on TPP?

Over at Campaign for America's Future, Dave Johnson takes a look at the secret negotiations on the Trans-Pacific Partnership (TPP), a potentially very dangerous piece of legislation that could have devastating effects on working families. He notes that corporate-owned media is engaging in almost a total blackout on the story, failing once again to represent the people and allowing extreme corporate interests the freedom to run roughshod over workers in the United States and abroad.

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Here’s What We’re Reading: Wednesday News Roundup

Here’s What We’re Reading: Wednesday News Roundup

Here are some headlines from the working family’s news we're reading today (after the jump).

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