IBM plans to invest $1 billion in retraining and developing its U.S. workers over the next four years, Rometty says. To improve the situation nationwide, she will tout the benefits of reauthorizing the Perkins Career and Technical Education Act. That legislation, currently held up in the Senate, funnels funding for technical and vocation education and could help with worker retraining for “new collar” jobs.
White Collar Crime:
Good for her and Rep. Cummings.
The Carrier deal, though, provides an opening to press for policies that truly would generate well-paying jobs. The billions spent on subsidies would be far more wisely devoted to schools, roads, and mass transit. Such expenditures would create work immediately, and in the process build the environment that businesses, large and small, require to thrive. In your state and your hometown, take a good look at what constitutes “economic development,” and demand that these dollars be spent for the public good.
On the national scale Trump says he wants infrastructure spending. Let’s hold him to that, but fight for government investments that strengthen communities, rather than phony “public-private partnerships.”
We can curb corporate greed rather than reward it. Bernie Sanders called for penalizing those corporations that outsource jobs by ending their subsidies, cancelling their government contracts, and increasing their taxes. Trump has pledged “retribution”against American companies that move jobs elsewhere; if he means that, he should sign on to Sanders’ legislation. All Democrats should too.
“Over 90 percent of media coverage [during the 2016 presidential race] was not about the issues that impact your lives,” he said, citing “a variety of studies.”
Instead, he continued, the stories “were about Donald Trump or Hillary Clinton. They were about political gossip. They were about polls. They were about fundraising. They were about stupid things that people said 20 years ago. What we must demand of a media is that they start covering the issues that impact our lives. Not just the candidates’ lives.”
Unjustified CEO Compensation: