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Free trade's victims turning against Bush, GOP
The Herald Sun ^ | August 25, 2003 | associated press

Posted on 08/25/2003 2:05:47 PM PDT by snopercod

CHARLOTTE, N.C. -- This year's highly publicized job losses in North Carolina manufacturing, including the Pillowtex bankruptcy, could mean trouble next year for President Bush in a region that was a stronghold in 2000.

Bush won more than 56 percent of the vote in both North Carolina and South Carolina in 2000. But his strong support of free trade has turned some against him in the South, where U.S. trade policies are blamed for the loss of jobs in textiles and other manufacturing sectors.

Andy Warlick, chief executive officer of Parkdale Mills in Gaston County, said he doubts he will repeat his 2000 vote for Bush next year.

"He made a lot of promises and he hasn't delivered on any of them," Warlick said. "I've had some firsthand experience of him sending down trade and commerce officials, but they're just photo ops. It's empty rhetoric."

Fred Reese, the president of Western N.C. Industries, an employers' association, said executives are beginning to raise their voices against Bush and are planning education and voter drives.

"We're seeing a new dynamic where the executives and employees are both beginning to see a real threat to their interests. You're going to see people who traditionally voted Republican switch over," Reese predicted.

The hard feelings were on display days after Pillowtex's July 30 bankruptcy filing, when Republican U.S. Rep. Robin Hayes walked into a Kannapolis auditorium to meet with former workers.

"Thanks for sending the jobs overseas, Robin!" shouted Brenda Miller, a longtime worker at the textile giant's Salisbury plant.

In December 2001 Hayes -- who is an heir to the Cannon family textile fortune -- cast the tie-breaking vote to give Bush the authority to negotiate "fast-track" trade agreements, trade treaties that Congress must vote up or down with no amendments.

At the time, Hayes said he won promises from the Bush administration that it would more strictly enforce existing trade agreements and pressure foreign countries to open their markets to U.S. textiles.

"Are we pleased with the way they responded? Absolutely," Hayes said. "Are we satisfied with where we are? Absolutely not."

Jobs in many industries have fled overseas since 1993, when Congress passed the Clinton-backed North American Free Trade Agreement, or NAFTA. About half the textile and apparel jobs that existed in 1994 are gone.

Since Bush took office in January 2001, it is estimated North Carolina and South Carolina have lost more than 180,000 manufacturing jobs.

And even more textile jobs could be out the door once quotas on Chinese imports expire at the end of next year.

Republican U.S. Rep. Cass Ballenger voted for NAFTA and fast-track, and has seen his 10th District lose nearly 40,000 jobs, primarily in the textile and furniture industries.

"Certainly, there's a political cost to any controversial vote no matter which side you take," he said. "People are casting stones, but we're trying to pick them up and build something."

Democratic U.S. Sen. John Edwards voted against fast-track in 2002 after voting for an earlier version. In 2000 he voted for permanent normal trade relations with China.

Recently, though, while campaigning for the Democratic presidential nomination, Edwards has attacked Bush's trade policies and called for fairer trade measures.

Robert Neal, vice president of the local chapter of the Pillowtex workers' union, said Hayes has worked to try to ease the impact of job losses in his district.

"Though he (Hayes) voted for fast-track, he is really concerned about the workers and their conditions in the state of North Carolina," Neal said.

Not everyone feels that way.

Reese is organizing 1,500 manufacturing companies across North Carolina in an effort to leverage what he calls a new voting bloc.

In South Carolina, voter drives are planned for the first time at Milliken & Co., which has about 30 plants in the state. Mount Vernon Mills of Greenville, S.C., is forming a political action committee.

The company's president Roger Chastain, a one-time Bush voter, doesn't expect to support the president or Jim DeMint, a Republican candidate for the U.S. Senate seat being vacated by Democrat Ernest Hollings.

"We're basically liquidating our whole middle class, polarizing people on the two extremes, have and have-nots," Chastain said of the manufacturing job losses. "We'll be a Third World country."


TOPICS: Business/Economy; Extended News; Government; News/Current Events; US: North Carolina; US: South Carolina
KEYWORDS: economy; fasttrack; jobs; manufacturing; nafta; northcarolina; oldnorthstate; pillotex; treetrade
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To: A. Pole
I don't think restrictions on salaries are the answer; in fact it is a profoundly bad idea.

The best thing is tariffs in concert with rolling back the taxes and regulations, and some way to ease up the influence of the unions. And imposing extra taxes on all overseas income.

121 posted on 08/25/2003 5:45:57 PM PDT by Cacophonous
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To: A. Pole

>>The cure for outsourcing is simple. Congress should pass a law saying that no CEO of any US company can make more than 15 times the average wage of his employees. It certainly would be a cut for the CEO if the average wage of his company's employees was 5,000 a year, as it is in India.

This proposition is brilliant!
<<

No, not really. Very few CEOs make wages 15x times more than average. Total compensation packages...sure...wages, no. They'd figure a way to make many benifits into costs. Car allowances, gas allowances, food, company credit cards, etc.

I'm all for people getting paid as much as they can get from any company, including CEOs. There are better solutions.

How about 100% parity tit for tat with any country. If that were enacted, this offshoring to China and elsewhere would end almost immediately or the PRC would drop the tariffs and non-tariff barriers if they wanted to play ball.

Either way we wouldn't see the "Free Trade Highway" that currently only has one highspeed fastlane INTO the USA.
That outbound lane currently is a dirt road with K-rails every 1/4 mile and more token booths than the Garden State Parkway.



122 posted on 08/25/2003 5:49:02 PM PDT by Malsua
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To: Cacophonous
The best thing is tariffs in concert with rolling back the taxes and regulations

You have a choice of tariffs OR rolling back taxes and regulations. Various politicians will promise you tax cuts and regulatory relief somewhere down the road in return for your support of tariffs today.

"Somewhere down the road" will never arrive.

And imposing extra taxes on all overseas income.

Would you mind explaining how this would do anything except NEGATIVELY affect our balance of trade?

It's a tax on exports--which, BTW, is unconstitutional.

123 posted on 08/25/2003 5:49:57 PM PDT by Poohbah (Crush your enemies, see them driven before you, and hear the lamentations of their women.)
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To: A. Pole
Better yet, make it ten times. CEOs and their other board members don't have to make $100 million a year salaries and get golden parachute settlements that grant them more than the average worker gets in a lifetime, in one fell swoop.

If the average employee makes $35k per year, they'd get $350,000 per hear. If they can't live on that, let them go teach somewhere. LOL
124 posted on 08/25/2003 5:51:57 PM PDT by DoughtyOne
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To: Texas_Dawg
Salary caps on FR from the paleo crowd - can't say it was unexpected.
125 posted on 08/25/2003 5:52:15 PM PDT by Chancellor Palpatine (This is the fault of outsourcing, offshoring, immigration and PC. We're all doomed.)
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To: kittymyrib
Congress should pass a law saying that no CEO of any US company can make more than 15 times the average wage of his employees. It certainly would be a cut for the CEO if the average wage of his company's employees was 5,000 a year, as it is in India.

Then all them thar injins become subcontractors.

Please play again.

126 posted on 08/25/2003 5:52:21 PM PDT by null and void
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To: A. Pole
Maybe Congress or the people should be the ones granting corporations their charter, like they used to do 280 years ago. Maybe then we will get more responsibility to the country of origin.
127 posted on 08/25/2003 5:52:56 PM PDT by hedgetrimmer
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To: DoughtyOne
CEOs and their other board members don't have to make $100 million a year salaries

They don't make $100 million salaries as it is.

128 posted on 08/25/2003 5:53:36 PM PDT by Poohbah (Crush your enemies, see them driven before you, and hear the lamentations of their women.)
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To: Chancellor Palpatine
I'm actually of a mind to let the paleos have their way. Within a year or so, they'd demand show trials of "wreckers" who ruin their five-year plans.
129 posted on 08/25/2003 5:55:18 PM PDT by Poohbah (Crush your enemies, see them driven before you, and hear the lamentations of their women.)
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To: A. Pole
The cure for outsourcing is simple. Congress should pass a law saying that no CEO of any US company can make more than 15 times the average wage of his employees. It certainly would be a cut for the CEO if the average wage of his company's employees was 5,000 a year, as it is in India.

Let's Do IT!!!!!!

130 posted on 08/25/2003 5:57:02 PM PDT by optimistically_conservative
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To: Poohbah
Why Poohbay, it's not like you to just give out partial information. Tariffs would be charged on imports. As for teriffs charged on exports, other nations charge tariffs on our exports all the time, some as much as 40 percent.

Nobody said we should have tariffs and income taxes too. We would have to gutt this government like a fatted cow, but then that's what we should be doing.

Our found fathers set up a system of tariffs to finance this government's needs. Tariffs don't pay it enough to let it get in trouble. Good.

Income tax should be eliminated. Government should be about 20% of what it is today. SS and Medicare should be privatized. Creative ways can be devised to so it a lot quicker and less painfully than we've been led to believe.

Our government should take care of the Military, trade negotiations and our borders. That is it!
131 posted on 08/25/2003 5:57:54 PM PDT by DoughtyOne
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To: NoControllingLegalAuthority
To be considered an American corporation, the majority of your employees must be American (What a concept!)

The cheap labor is done by independant contactors...

132 posted on 08/25/2003 5:59:43 PM PDT by null and void
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To: Poohbah
Oh is that right. None of them do hugh.

My salary range is what I think is reasonable for a very large corporation. Smaller ones would pay far far less to their execs.

Course outsource them might be an even better idea. I hear India has some really capable people. China too...
133 posted on 08/25/2003 5:59:44 PM PDT by DoughtyOne
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To: A. Pole
"Moves afoot to curb CEO salaries"
http://www.csmonitor.com/2003/0708/p02s02-usec.html

"A survey by The Corporate Library last winter found that CEOs get paid an average of $16.5 million to leave. And while the CEO pay fell at the largest US companies, median compensation, including smaller-company CEOs, actually rose by 5.9 percent. The average CEO received 282 times the average worker's pay of $26,267 last year. In 2000, the ratio was 531 times the average pay, and in 1980, 42 times."
134 posted on 08/25/2003 6:05:51 PM PDT by LibertyAndJusticeForAll
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To: Chancellor Palpatine
"Oh, come on all of you big strong men, Uncle Sam needs your help again
He's got himself in a terrible jam, all out there in free trade land
So drop your jobs and vote Republican, we're gonna have a whole lot of fun.... "

...and it's one, two, three, what are we working for?
Don't ask me, I don't give a damn
My job's gone to Vietnam!

And it's five, six, seven, let's hear it for free trade, mates!
You'll get used to being poor
Once your job has been outsourced offshore!

135 posted on 08/25/2003 6:06:32 PM PDT by Elliott Jackalope (We send our kids to Iraq to fight for them, and they send our jobs to India. Now THAT'S gratitude!)
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To: DoughtyOne
Why Poohbay, it's not like you to just give out partial information. Tariffs would be charged on imports.

True. But higher taxes on overseas revenues are taxes on EXPORTS.

As for teriffs charged on exports, other nations charge tariffs on our exports all the time, some as much as 40 percent.

D-1, if other countries put tariffs on our exports, that's their business.

However, if WE put tariffs on our exports, it violates the Constitution of the United States.

I see you have a problem with the notion of Constitutional government if it gets in the way of punishing your class enemies.

Nobody said we should have tariffs and income taxes too.

Tough s**t. It's what you're going to get.

We would have to gutt this government like a fatted cow, but then that's what we should be doing.

Tough. You'll get told, "Yeah, in return for supporting my union thug buddies with a tariff, we'll support cutting taxes and spending...someday."

"Someday" will have this habit of never coming.

Our found fathers set up a system of tariffs to finance this government's needs. Tariffs don't pay it enough to let it get in trouble. Good.

Small problem: the majority of voters disagree with you. You propose to shoot them for treason?

Income tax should be eliminated. Government should be about 20% of what it is today. SS and Medicare should be privatized. Creative ways can be devised to so it a lot quicker and less painfully than we've been led to believe.

And all you have to do is "temporarily" suspend the Constitution to keep those people you disagree with from arguing with you.

Our government should take care of the Military, trade negotiations and our borders. That is it!

No particular argument there, but it's an argument you're going to lose at the ballot box for a long time yet.

You do NOT magically turn public policy on a dime unless your title is "Supreme Dictator For Life." And then you have a problem: namely, the method of leaving office is indicated in the job title, and will tend to give other folks ideas.

136 posted on 08/25/2003 6:07:32 PM PDT by Poohbah (Crush your enemies, see them driven before you, and hear the lamentations of their women.)
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To: Texas_Dawg
Back in my day... all American high-school graduates got free scholarships to Ivy League schools (and there weren't no fairy-loving hippies there either). After they all made straight A's for four years (because they were all good, smart, hard-working European-Americans, dammit), they moved back to their towns and cities where they ran the farms and factories. These farms and factories were ran with precision and efficiency worth of God Himself and they fed and clothed the entire nation for free. People were so happy that in the entire 1950s (the height of this era) there were only 5 murders in the whole country, and most of those were committed by queers. Yeah, life was perfect back in my day before this place went to Hell in a handbasket. All men got along in perfect harmony with their fellow workers and we all lived rich and happily in the good old U.S.A. Then those damn RINOs came along with their uppity communist "economics" and "same water fountains for everyone" crap. Now this place is a living hell overrun by people the Constitution never specifically said were supposed to be allowed in here.

Not bad.

But I had to walk 20 miles to school every day. Up hill. Both ways. Barefoot. When we had blizzards I had to wrap my feet on barbed wire for traction. One day it was so windy that I got blown back 2 steps for every step I took, if I hadn't turned around to go home I would have never made it to school...

137 posted on 08/25/2003 6:08:12 PM PDT by null and void
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To: Elliott Gigantalope
Ok, I'll give you credit - its a cute rework.
138 posted on 08/25/2003 6:09:54 PM PDT by Chancellor Palpatine (This is the fault of outsourcing, offshoring, immigration and PC. We're all doomed.)
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To: DoughtyOne
Oh is that right. None of them do hugh.

Corporations do not pay $100 million in salaries to individuals.

Some executives may actually achieve that level of total compensation, but that would be by means of exercising stock options in a bull market.

Bottom line: nobody gets a hundred megabucks in salary. That's because of a law passed by your heroes, the Clintons, and their Democrat buddies in Congress.

Course outsource them might be an even better idea. I hear India has some really capable people. China too...

If the board or the stockholders decides that there's a better ROI by hiring a foreign CEO at less cost, no problem.

139 posted on 08/25/2003 6:10:49 PM PDT by Poohbah (Crush your enemies, see them driven before you, and hear the lamentations of their women.)
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To: Poohbah
The best thing is tariffs in concert with rolling back the taxes and regulations

I would shoot for both. You are probably right in that politics would force some sort of a middle ground. The unfortunate result of that would be that watered-down taxes/regs, or watered-down tariffs, or some wierd cross, would fail (it has to be all or nothing). This would allow the liberals to claim that more taxes are needed...

And imposing extra taxes on all overseas income.

Would you mind explaining how this would do anything except NEGATIVELY affect our balance of trade?

It's a tax on exports

You are right; I was shooting out a poorly thought-out idea. Thanks for the comeuppance.

--which, BTW, is unconstitutional.

Income taxes are unconstitutional. Let's go to import tariffs instead (INSTEAD, not AS WELL AS). That is essentially a sales tax, much more equitable than the current progressive tax system.

140 posted on 08/25/2003 6:10:50 PM PDT by Cacophonous
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