Auto manufacturing is back in America – especially in Michigan, Ohio and Pennsylvania because President Obama made the politically risky decision to bailout the auto industry after bailing out the banks. It was a decision that worked. Obama was right, Romney was wrong. So Romney is now in full lying mode. He is trying to retroactively re-write the wrongs in his writings.
Yes, it’s great that all turned out well for the auto workers, but it is absolutely horrendous to know that the American taxpayers via President Obama’s actions could have been left standing for billions of dollars – and still might.
A study by the Boston Consulting group finds that the U.S. manufacturing industry faces a serious skilled labor shortage. The new report says the shortage isn’t a big deal right now but it will balloon by the end of the decade from 80,000 to 100,000 to 875,000.
The nearly $15 million grant will be used to train unemployed workers for jobs in high tech manufacturing and engineering.
Mitt Romney and Bain Capital purchased a factory in China that took on the demand from outsourcing from other US companies. So they profited by increasing profits from companies they owned by shipping jobs overseas and they profited from other companies shipping jobs overseas by doing the work that used to be done in cities and towns across America.
Although Google, Facebook, Zynga and many other tech companies have been on hiring sprees lately, at least one executive has questioned how strong Silicon Valley’s latest boom cycle really is.
Paul Ryan has changed the Electoral College math. With the pick, Romney has chosen a path that writes off almost all of the country and focuses the election on the industrial Midwest.
Mitt Romney’s contortions to differentiate offshoring from outsourcing don’t matter to those who lost their jobs because of it.
To the more than two million Californians who are out of work, the disappearance of jobs is discouraging. But, for the first time in fourteen years, manufacturing in the United States has added jobs.
SAN FRANCISCO (KCBS) – One trend keeping unemployment high two years after the official end of the recession is American companies’ willingness to invest in technology and labor saving equipment to avoid the often costly […]