Links 12/4/16

Trade:
Trump Takes Twitter Aim at Companies Looking to Move Jobs Abroad “A 35 percent tariff, he said, ‘will make leaving financially difficult, but these companies are able to move between all 50 states, with no tax or tariff being charged.’”

Jobs:
Trump to Intervene to Keep U.S. Jobs at Home on ‘Day by Day’ Basis, Pence Says

The Enormous Wage Potential Of Infrastructure Jobs This is old, but relevant given Trump’s proposed $500 billion infrastructure investment.

The Honest Pathway to Better Jobs: Trump’s Wrong, So Are Democrats “Middle-class jobs — those paying, say $40,000 to $80,000 a year — depend on improving productivity. When workers add more value, it makes sense to pay more money.” Agreed. Then why is there such a big disconnect between productivity and a typical worker’s compensation since the 1970’s?

Manufacturer Rexnord Plans to Move 300 High Paying Jobs to Mexico This is an older article, but it’s about the company that Trump is currently targeting. Although profits dropped from 2015 to 2016, Rexnord still generated $67.5 million in profit in fiscal 2016.

Wages:
Millions of Workers in Limbo after Rule Expanding Overtime Pay Eligibility is Put On Hold

Corporate Welfare:
Sanders Says Carrier Deal Sets a Dangerous Precedent “[Trump] has signaled to every corporation in America that they can threaten to offshore jobs in exchange for business-friendly tax benefits and incentives.” I don’t see this a real threat, but maybe I’m wrong.

Northrop’s Corporate Welfare

Poverty:
Study: Poverty Should Be Measured by More Than Just Income

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