Letters

Letters 04-13-2015

Perplexing Eighth Street Changes I’m writing to you about the way 8th Street in Traverse City is organized. I commute on 8th Street daily like hundreds of others.

115 Years of Injustice Investigative reporter Pat Sullivan’s March 23 article “BURNOUT” exposed for the first time to many northern Michigan residents the 115-year-old tragedy that took place at Burt Lake in October of 1900.

Kicking The Prop 1 Can “Proposal 1 consists of only 100 words, but if approved by voters on May 5, it would trigger into law thousands of other words in 10 bills passed by the state legislature in December.”

Expose The Republican Playbook There was much angst among Democratic Party loyalists after the November election about their failure to convey a strong populist message.

Unions Are Essential Thanks to Stephen Tuttle for pointing out in his recent column how we have had trade apprenticeships for decades throughout Michigan and other states.

Home · Articles · By R. Thomas Buffenbarger

R. Thomas Buffenbarger

 
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Monday, March 16, 2009

Saving American Jobs

Other Opinions R. Thomas Buffenbarger 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.”
 
 
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