I am surprised at how passive American workers have become.
A couple of million factory positions have disappeared in the short time since we raised our glasses to toast the incoming century. And now the white-collar jobs are following the blue-collar jobs overseas.
Americans are working harder and have become ever more productive -- astonishingly productive -- but are not sharing in the benefits of their increased effort. If you think in terms of wages, benefits and the creation of good jobs, the employment landscape is grim.
The economy is going great guns, we're told, but nearly 9 million Americans are officially unemployed, and the real tally of the jobless is much higher. Even as the Bush administration and the media celebrate the blossoming of statistics that supposedly show how well we're doing, the lines at food banks and soup kitchens are lengthening. They're swollen in many cases by the children of men and women who are working but not making enough to house and feed their families.
IBM has crafted plans to send thousands of upscale jobs from the US to lower-paid workers in China, India and elsewhere. Anyone who doesn't believe that this is the wave of the future should listen to comments made last spring by an IBM executive named Harry Newman: "I think probably the biggest impact to employee relations and to the [human resources] field is this concept of globalization. It is rapidly accelerating, and it means shifting a lot of jobs, opening a lot of locations in places we had never dreamt of before, going where there's low-cost labor, low-cost competition, shifting jobs offshore."
An executive at Microsoft, the ultimate American success story, told his department heads last year to "Think India," and to "pick something to move offshore today."
These matters should be among the hottest topics of our national conversation. We've already witnessed the carnage in manufacturing jobs. Now, with white-collar jobs at stake, we've got executives at IBM and Microsoft exchanging high-fives at the prospect of getting "two heads for the price of one" in India.
It might be a good idea to throw a brighter spotlight on some of these trends and explore the implications for the long-term economy and the US standard of living.
"If you take this to its logical extreme, the implications for the entire middle-class wage structure in the United States are terrifying," said Thea Lee, an economist with the AFL-CIO.
"Now is the time to start thinking about policy solutions," she said.
But that's exactly what we're not thinking about. Government policy at the moment is focused primarily on what's best for the corporations. From that perspective, job destruction and wage compression are good things -- as long as they don't get too much high-profile attention.
"This is a significant problem, much greater than we believed it was even a year ago," said Marcus Courtney, president of the Washington Alliance of Technology Workers, an affiliate of the Communication Workers of America.
Accurate data on the number of jobs already lost are all but impossible to come by. But there is no disputing the direction of the trend, or the fact that it is accelerating. Allowing this movement to continue unchecked will eventually mean economic suicide for hundreds of thousands, if not millions, of American families.
Globalization may be a fact of life. But that does not mean that its destructive impact on American families can't be mitigated. The best thing workers can do, including white-collar and professional workers, is to organize. At the same time, the exporting of jobs and the effect that this is having on the standard of living here should be relentlessly monitored by the government, the civic sector and the media. The public has a right to know what's really going on.
Chinese President Xi Jinping (習近平) has prioritized modernizing the Chinese People’s Liberation Army (PLA) to rival the US military, with many experts believing he would not act on Taiwan until the PLA is fully prepared to confront US forces. At the Chinese Communist Party’s 20th Party Congress in 2022, Xi emphasized accelerating this modernization, setting 2027 — the PLA’s centennial — as the new target, replacing the previous 2035 goal. US intelligence agencies said that Xi has directed the PLA to be ready for a potential invasion of Taiwan by 2027, although no decision on launching an attack had been made. Whether
A chip made by Taiwan Semiconductor Manufacturing Co (TSMC) was found on a Huawei Technologies Co artificial intelligence (AI) processor, indicating a possible breach of US export restrictions that have been in place since 2019 on sensitive tech to the Chinese firm and others. The incident has triggered significant concern in the IT industry, as it appears that proxy buyers are acting on behalf of restricted Chinese companies to bypass the US rules, which are intended to protect its national security. Canada-based research firm TechInsights conducted a die analysis of the Huawei Ascend 910B AI Trainer, releasing its findings on Oct.
In honor of President Jimmy Carter’s 100th birthday, my longtime friend and colleague John Tkacik wrote an excellent op-ed reassessing Carter’s derecognition of Taipei. But I would like to add my own thoughts on this often-misunderstood president. During Carter’s single term as president of the United States from 1977 to 1981, despite numerous foreign policy and domestic challenges, he is widely recognized for brokering the historic 1978 Camp David Accords that ended the state of war between Egypt and Israel after more than three decades of hostilities. It is considered one of the most significant diplomatic achievements of the 20th century.
Pat Gelsinger took the reins as Intel CEO three years ago with hopes of reviving the US industrial icon. He soon made a big mistake. Intel had a sweet deal going with Taiwan Semiconductor Manufacturing Co (TSMC), the giant manufacturer of semiconductors for other companies. TSMC would make chips that Intel designed, but could not produce and was offering deep discounts to Intel, four people with knowledge of the agreement said. Instead of nurturing the relationship, Gelsinger — who hoped to restore Intel’s own manufacturing prowess — offended TSMC by calling out Taiwan’s precarious relations with China. “You don’t want all of
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