Obama Addresses Job Creation For Election Year (Video) and GOP ect..
January 18, 2012 Leave a comment

A Woman's Thoughts on Living & Politics
March 5, 2011 Leave a comment


There is good news that US job situation and economy. Private sector created 222,000 new jobs in Feb 2011 and the unemployment rate decreased to the lowest point of 8.9% since April 2009. These new jobs were dominantly created in the sectors of “factories, trucking companies, health care providers, construction firms, hotels and restaurants”. Economists say that the US economy needs 125,000 new jobs per month to maintain steady unemployment rate account for population growth, and 300,000 new jobs per month to get serious decrease in unemployment rate.(http://news.yahoo.com/s/ap/us_economy)
On the other hand, increasing oil prices, which is expected to continue through this summer, due to the political crises in Middle East and recent firing of public workers from state local governments are expected to be counteracting forces against this recovery of job-economy-condition.
Professor Robert Reich points out the problem of wage gap regarding the recent job growth (http://www.huffingtonpost.com/robert-reich/the-real-news-on-jobs_b_831493.html):
“New jobs created since February 2010 (about 1.26 million) pay significantly lower wages than the jobs lost (8.4 million) between January 2008 and February 2010. While the biggest losses were higher-wage jobs paying an average of $19.05 to $31.40 an hour, the biggest gains have been lower-wage jobs paying an average of $9.03 to $12.91 an hour. In other words, the big news isn’t jobs. It’s wages.”
This deteriorating wage gap is understandable if we considered that the most recently job creating sectors have been “factories, trucking companies, health care providers, construction firms, hotels and restaurants” as mentioned above.
He points out:
Regarding Prof. Reich’s statement, “Conservative economists have it wrong. The underlying problem isn’t that so many Americans have priced themselves out of the global/high-tech labor market. It’s that they’re getting a smaller and smaller share of the pie.”
If we look into the detailed view of this “smaller smaller share of American worker’s pies, there are multi-layers of problems:
-The American Pie piece in Global Manufacturing Market is shrinking smaller and smaller.
-Inefficiences and bureacracies in most of US political, industrial entities and even labor unions have collectively contributed to the “dwindling American pies.” Loose government regulations on industries/business allowed these entities to take slices from workers’ pays and benefits, as seen in healthcare, housing/financial market messes, to bloat the wealth of high income groups while dwindling middle classes. But some part of labor also have their portion of blame for their shrinking pies: instead of focusing on working hard and increasing productivity to cut production costs and their global competitiveness, some of them (I am not talking about hard working workers. I praise them) has taken lazy approach of taking unheardly high paid vacation/sick days of almost one month out of twelve months while demanding high pays/benefits and protection of workers’ right, which seems to be inappropriate abuse of their right to protect their jobs. All these inefficiencies, bureaucracies from every entities sum up to “Slashed American Pie.” Everybody demand their right but don’t meet their performance requirements.
Read the Article at HuffingtonPost
February 28, 2011 Leave a comment

Respectable Mr. Robert Kuttner depicts the current national situation pretty well. As he points out in his blog, “The Left Edge of the Possible” (http://www.huffingtonpost.com/robert-kuttner/the-left-edge-of-the-poss_b_828907.html), the real serious national political/economic issues are economic recovery and the budget, the health system, the banking/housing mess, American economic competitiveness in the world, rising gas price and global climate change.
Current national and global economic situation seems to become increasingly beyond the capacity of left and right of US politics. In other words, the right and left of US politics are increasingly limiting their abilityto smaller issues while being oblivious to eminent, bigger issues. For example, Wisconsin Governor Walker’s attempt to rip of public workers’ right to organize that caused the consequent labor movement against it seems to be a complete sidetrack from what need to be done for the sake of solving current national issues of recession and joblessness, making things worse. Like there are not enough problems now.
Read the Article at HuffingtonPost
September 7, 2010 Leave a comment
This blog post is written in response to complains of US unemployment, manufacturing job losses, WTO, and NAFTA (Source: Robert Kuttner, Not Just Jobs — Good Jobs, http://www.huffingtonpost.com/robert-kuttner/not-just-jobs-good-jobs_b_706209.html)
Opening, liberalizing trade in forms of WTO, NAFTA, or other forms of multilateral or regional trade agreements has not been political agenda of one specific presidency, but the general trend of every administration since the mid-1970s, regardless of republican or democratic presidency. It may have incorporated the political influence of large corporations’ business and profit pursuits via international venues. But also not opening trade and global markets would have had the serious downside of collectively impoverishing American people by reducing their purchasing power of goods and consumption based on their income by, my guess is, one-third or more of their levels under trade. Because not-trading increases prices of products and reduces the choices of products available in the US markets, so we have to buy, consume less with same amount of income and feel more poor or less rich.
There is a reason that Wal-Mart has become the largest US and world corporation; because it has provided those choices of lower prices and more varieties of products through its multinational manufacturing or procurement of goods as much as the WTO, NAFTA or other trade agreement rules allow the corporation to do so. And Americans have “Crazily” enjoyed the “Benefits of Wal-Mart’s international operation while condemning evil Chinese or Mexican workers to take away American jobs. If people complain about WTO, NAFTA or other open trade issue and the consequent losses of US jobs, they should do it while abstainning themselves from going wal-mart or buying any cheap imported goods, or buying Japanese cars to reduce maintenance costs and reduce (the chances of losing workdays or income because of frequent car troubles before go to work) and bear with living with far less. They should put their acts together in belief; they cannot do A while pursuing conflicting B because of convenience.
Flattening American wages for decades. One of reasons is, the world is changing. In the Past, America was often the best or a leader in many manufacturing industries because the Europe was growing old and the Asia was not that much in the picture as it started its industrial infancy in 60’s and 70’s. Now, America is one of those growing old folks as Europe. We have to see where this country is standing in the world, to have correct understanding of the situation.