Friday, March 23, 2012

Today's Teamster News 03.23.12

More than 1 million manufacturing jobs could be created in U.S. if Americans bought more U.S.-made goods, economist says  Cleveland Plain Dealer   ...if Americans spent just $100 billion on U.S. goods instead of foreign goods - a gap that has widened the last few years - then that would create more than 1 million jobs in manufacturing in the United States...
'The American Economic Model Is Broken'  Financial Armageddon   ...A staggering 63% of respondents across the political spectrum feel that the American economic model is broken. Individuals surveyed do not agree that the prevailing paradigm facilitates equal opportunity, or that hard work and skill are rewarded...
The Wall Street Surcharge On Your Gas Tank  Economic Populist   ...A new, very timely St. Louis Federal Reserve research paper, Speculation in the Oil Market finds 15% of oil price increases are due to speculation and is the second most powerful mover of prices beyond actual physical demand...
Senate Passes JOBS Act, STOCK Act  firedoglake   ...the JOBS Act, a bill that promises an impossible solution to an unrelated problem, which is a mask for its true agenda, to weaken investor protection rules to the benefit of Wall Street firms and corporations...
The GOP’s assault on labor rights: What is happening in the states?  The Hill   ...not one new job has been created by this tsunami of anti-union legislation...
Marietta, Teamsters contract ratified  News and Sentinel   ...A three-year contract with Teamsters Local 637 was ratified ... Terms of the agreement include a 15 percent per pay period contribution by employees toward their health insurance premiums and annual pay increases...