| Source: Continuous Improvement Associates http://www.exponentialimprovement.com/cms/edwardsontrade.shtml Liberal Moments(SM) Here is the Liberal Moment (SM) Handout on John Edwards on 'Trade' - Why We Need Edwards for President. Here are versions in pdf and doc formats that include many links to the information presented. They include graphs updated with Dec 07 data for Colorado and Colorado Springs as well as the graphs for information technology jobs. Both Clinton and Obama are DLC Democrats, which is "free trade" supporting Republican lite. See The Death of the Middle Class. Added 6/19/09: Al From Won By David Paul Kuhn, June 16, 2009 This past March, in a private meeting with moderate House Democrats, Barack Obama aligned himself with centrists. "I am a New Democrat," he reportedly said, choosing a term synonymous with the moderate Democratic Leadership Council. ... Alan Greenspan is a far right extremist on economic issues. From Alan Greenspan vs. Naomi Klein on the Iraq War, Bush's Tax Cuts, Economic Populism, Crony Capitalism and More ... excerpt: ALAN GREENSPAN: Well, I stated that I'm a libertarian Republican, which means I believe in a series of issues, such as smaller government, constraint on budget deficits, free markets, globalization, and a whole series of other things, including welfare reform. And as you may remember, Bill Clinton was pretty much in the same -- was doing much that same agenda. And so, I got to consider him as someone -- as he described it, we were both an odd couple, because he is a centrist Democrat. And that's not all that far from libertarian Republicanism. Here are a few additional points on Health Insurance, Hope, and Illegal Immigration in favor of John Edwards. Health Insurance: See John Edwards' plan on Health Care "So this is a smart, serious proposal. It addresses both the problem of the uninsured and the waste and inefficiency of our fragmented insurance system." Paul Krugman, The New York Times. Edwards plan has an important feature. It puts private insurance plans in competition with a public insurance plan modeled after Medicare. Because the overhead of a public insurance has so much less overhead compared to private insurance (2 - 3 % compared to ~20%), it will eventually drive private plans out of the market and evolve to a single-payer system, which should happen anyway because of the "adverse selection" dynamic. This will be vehemently opposed of course, but it will be more difficult to argue against because it features a favorite conservative talking point: choice. From Edwards' Universal Health Care Through Shared Responsibility Choice between Public and Private Insurers: Health Care Markets will offer a choice between private insurers and a public insurance plan modeled after Medicare, but separate and apart from it. Families and individuals will choose the plan that works best for them. This American solution will reward the sector that offers the best care at the best price. Over time, the system may evolve toward a single-payer approach if individuals and businesses prefer the public plan. Though Edwards' plan is the best of the top three Democratic candidates (Obama in Second Place by Paul Krugman), it falls short in one important way: "One provision ... certain to draw fire is a requirement that companies provide health insurance for all workers or pay 6 percent of their payrolls into a government fund to buy insurance for them." This is important because it fails to relieve manufacturers of the burden of paying for health insurance. It's a competitive disadvantage against other developed countries, which have national health insurance. Companies have located to Canada because of this factor. The U.S. needs a single-payer system that eliminates privatization that spends so much on figuring out who to not cover, figuring out what to not cover, and on executive pay (e.g., William McGuire "has made lots of news with cash-and-stock paydays that have topped $100 million in recent years -- and he's still sitting atop stock options valued at $1.6 billion." in McGuire's payday is a shame, if not a crime). A note on "Hope" Most of us have heard the myth of Pandora's Box. Pandora opened the box and released "all the evils of mankind -- greed, vanity, slander, envy, pining -- leaving only hope inside once she had closed it again." My view of this is that "hope," in the absence of appropriate policies, is also a curse ... and that's why hope was also in the box. This is a view expressed in note 18 at the Wikipedia link above:
"Free Trade"
Of the top three Democratic candidates John Edwards is the only one who understands the "trade" problem and has appropriate policies to address this incredibly serious problem. The US economy has been undermined and this is continuing at a rapid pace (see The Death of the Middle Class). I continue to put "trade" in quotes because it isn't "trade" at all; it's primarily "transfer of the factors of production" ... using labor over there in order to pay lower wages. Here are versions in pdf and doc formats that include many links to the information presented. They include graphs updated with Dec 07 data for Colorado and Colorado Springs as well as the graphs for information technology jobs. Here are a few graphs from this document. For Advanced Technology Products the trade deficit is rapidly increasing. Find ATP trade data at this US Census Bureau site. 1991 ATP Balance +$38.4B
Jan 06 ATP Balance -$3.3B
Jobs Lost Manufacturing Information Technology National 21.1% 17.4% Colorado 26.0% 32.6% Colorado Springs 37.8% 47.2% The national and Colorado losses are serious enough, but note that Colorado Springs has experienced a virtual manufacturing and IT job loss blood bath. Here are the graphs for Colorado Springs. It boggles the mind that there is not more concern about these trends.
In The Death of the Middle Class I respond to a commentary by DLC Democrat Stephen J. Rose on "The Myth of Middle-Class Job Loss" published in the Wall Street Journal on 10/24/07. I cited job loss data for manufacturing and IT as demonstrating the undermining of U.S. wages and the middle class. He responded to me that I "selectively cite a few sectors but overall employment is up." I replied that I cite specific sectors that have lost jobs, Manufacturing and IT, because those are the kinds jobs that have been affected by "trade." All other categories (except for mining) I saw that increased (government, education, financial services) were NOT primary jobs that create exports to reduce the trade deficit. I cite the Advanced Technology Products trade deficit as going from a $40B surplus in 1991 to a $50.7B deficit in 2007 as an indication that we're losing other high tech jobs as well. The issue is not the number of jobs, but the pay and quality of jobs. Find National job data at this BLS site. Top of Page |
