Facing a stumbling Wall Street and a collapsing housing market, politicians have scrambled not only to stave off a brewing recession, but to also save their hides in the coming elections. But the government's plan to hand out one-time checks to families making less than $80,000 and individuals making less than $43,000 a year is unlikely to have the kind of long-term effect workers in Connecticut and across the United States desperately need.
For the 28,000 manufacturing workers who lost their jobs in January (nearly 270,000 have lost factory jobs in the last year), a single check isn't going to turn things around. We need to encourage companies to invest locally, and we need trade agreements that level the playing field.
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Friday, April 4, 2008
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