Letters

Letters 07-25-2016

Remember Bush-Cheney Does anyone remember George W. Bush and Dick Cheney? They were president and vice president a mere eight years ago. Does anyone out there remember the way things were at the end of their duo? It was terrible...

Mass Shootings And Gun Control The largest mass shooting in U.S. history occurred December 29,1890, when 297 Sioux Indians at Wounded Knee in South Dakota were murdered by federal agents and members of the 7th Cavalry who had come to confiscate their firearms “for their own safety and protection.” The slaughter began after the majority of the Sioux had peacefully turned in their firearms...

Families Need Representation When one party dominates the Michigan administration and legislature, half of Michigan families are not represented on the important issues that face our state. When a policy affects the non-voting K-12 students, they too are left out, especially when it comes to graduation requirements...

Raise The Minimum Wage I wanted to offer a different perspective on the issue of raising the minimum wage. The argument that raising the minimum wage will result in job loss is a bogus scare tactic. The need for labor will not change, just the cost of it, which will be passed on to the consumer, as it always has...

Make Cherryland Respect Renewable Cherryland Electric is about to change their net metering policy. In a nutshell, they want to buy the electricity from those of us who produce clean renewable electric at a rate far below the rate they buy electricity from other sources. They believe very few people have an interest in renewable energy...

Settled Science Climate change science is based on the accumulated evidence gained from studying the greenhouse effect for 200 years. The greenhouse effect keeps our planet 50 degrees warmer due to heat-trapping gases in our atmosphere. Basic principles of physics and chemistry dictate that Earth will warm as concentrations of greenhouse gases increase...

Home · Articles · News · Other Opinions · Saving American Jobs
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Saving American Jobs

R. Thomas Buffenbarger - March 16th, 2009
Saving American Jobs
R. Thomas Buffenbarger 3/23/09


In January alone, 598,000 jobs were lost. More than 200,000 of those jobs were lost in the manufacturing sector. The employment rate now stands at a staggering 7.6 percent. The global credit crunch has, finally and decisively, thrown the gears of growth into reverse.
This global recession is like a runaway tractor-trailer. Downshifting works, once in a while. But if the incline is too steep or the load too heavy, downshifting destroys the gearbox. Momentum does the rest. When the rig comes to rest--and it will, eventually--the wreckage is found everywhere.
The just-passed stimulus bill will repair some of the damage done to America’s economy. But a second stimulus package is needed. And revitalizing America’s manufacturing sector must be its highest priority.
America’s trading partners will not buy a trillion dollars in U.S. Treasury notes to finance our recovery while their own economies sink deeper into recession. They’ve already been burned badly once. Yankee traders sold them the toxic debt--the subprime mortgages, credit default swaps and collateralized debt obligations--that triggered this global recession. Selling them more commercial paper stamped “Made in America” is not a viable option. Our only recourse is to make things other nations will buy. So to stimulate our own economic revival, we must renovate our plants, install new machinery and hone the skills of our workforce.
America needs a 21st Century version of Franklin Roosevelt’s Works Progress Administration. Roosevelt put millions of Americans back to work on an emergency basis in 1935. He did so by creating jobs that would produce “permanent improvements in living conditions or that creates future new wealth for the nation.”
Roosevelt’s basic strategy can be re-engineered for the modern manufacturing sector. Today’s unemployed can be put to work renovating factories and installing new equipment; devising new financing, marketing and sales packages for local businesses; and reinventing our decaying skills-delivery system. We can jump-start depressed local economies by letting counties and communities hire the unemployed with federal dollars.
An effective manufacturing sector stimulus package cannot stop there.
In the recession of the 1980s, then-Sen. Howard Metzenbaum (D-Ohio) proposed a 10 percent investment tax credit for the rehabilitation of existing stores and businesses. Crafted to encourage businesses to renovate older downtown buildings, his legislation used $40 billion in tax expenditures to generate nearly $400 billion in private investment.
Likewise, a 10 percent investment tax credit for the rehabilitation and renovation of existing manufacturing facilities could pump billions of dollars into modernizing America’s plants. With an additional investment tax credit for new equipment, businesses could retool their factories. If those two investment tax credits could be banked to offset downstream profits, millions of new jobs would be created.
As America revitalizes its industrial base, it must do the same for its technical knowledge base. Two years of technical training should be offered to recent high school graduates and recently unemployed adults. Tuition at community colleges, universities and high-tech institutes should be heavily subsidized by the federal government as it was after World War II.
We tend to forget that FDR’s GI Bill covered more than college tuition. The Greatest Generation got a chance to hone their skills for careers of their choice. A similar investment in America’s newest generation of workers and the recently unemployed will pay dividends for decades.
America’s manufacturing jobs are worth fighting for. These jobs are the key to a middle-class life for millions. A second, targeted stimulus package will give America’s manufacturing sector--and all those whose livelihoods are tied to it--the fighting chance it deserves. And it will ignite the long-term growth and sustained job creation that our nation so desperately needs.

R. Thomas Buffenbarger is president of the International Association of Machinists and Aerospace Workers.

PETOSKEY FORECLOSURE?
The Strathmore Development saga continues in Bear Creek Township outside of Petoskey, where a lender is pursuing plans to foreclose on a portion of the retail and residential development.
It‘s another chapter in a contentious saga for the big box store shopping center and apartment complex.
In 2001, Bear Creek Township denied zoning changes for the project, a decision which was reaffirmed by township voters in a 2002 referendum. A subsequent lawsuit by the Petoskey Investment Group forced a 2004 settlement in favor of the project, which was carried out by the Strathmore Development Company of East Lansing.
Cut to the present and National City Bank has filed suit against the Petoskey Investment Group and other parties, alleging $23 million in unpaid debts on loans, property taxes, liens by contractors and interest.

BLAST YOUR KID OFF THE COUCH: A local initiative based on the national No Child Left Inside movement is organizing in Emmet County to “to figure out the best way to address some alarming trends with our youth that seem to be strongly linked to less time spent outdoors.“
Known as Getting Kids Outdoors: Emmet County, the mission of this coalition is “to build a community that embraces and promotes getting kids outdoors as part of a healthy lifestyle.”
The Little Traverse Conservancy is taking a supporting role in the movement. Contact molly@gettingkidsoutdoors.org if you‘d like to participate.


 
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