DETROIT – We commend President Obama for his leadership and support for the U.S. auto industry. His actions helped prevent a second Great Depression, saving more than a million American jobs in the process. Domestic automakers have pledged investment in U.S. plants through 2015 that will mean more than 40,000 direct manufacturing jobs in the United States.
The renewed American automotive industry is now America’s No. 1 export sector. The Obama administration, American workers and retirees, and the U.S. automotive industry made tough choices and sacrifices to make this turnaround possible. The automobile sector supports over 3 million good-paying jobs in assembly plants, auto parts manufacturing, repair shops, dealerships and other supporting businesses nationwide. In 2012, U.S. automotive exports totaled $133 billion, an increase of more than $17 billion (14 percent) over 2011. Domestic manufacturing has long been the foundation of a strong middle class, and the automobile industry is the one of the most critical for U.S. manufacturing.
Under the president’s leadership, we are implementing higher fuel efficiency standards from 2017-2025, effectively doubling vehicle fuel efficiency, drastically reducing carbon emissions and creating several hundred thousand jobs. About 50,000 of these jobs will be in auto parts manufacturing and vehicle assembly alone.Read more >>>
From all reports we’ve seen, President Obama is going to propose a budget plan this week that is unprecedented for a Democratic president. It will propose a cut to Social Security benefits for seniors, veterans and people with disabilities.
It appears the proposed cut will take the form of “chained” CPI—a discredited way of calculating annual cost-of-living increases that does not keep up with actual costs, eating into benefits.
But there’s more. The president’s budget proposal also would require middle-class seniors—people who make $47,000 a year and more—to pay higher Medicare premiums.Read more >>>
LANSING, Mich. -- Michigan’s state capitol building will remain open to citizen demonstrations after workers filed suit and won a temporary injunction against arbitrary closure of the building during massive protests against anti-worker, anti-family legislation supported by Gov. Rick Snyder.
About 3,000 demonstrators were inside and around the Capitol today, protesting Gov. Snyder’s plan to push a radical change in Michigan’s labor laws through the legislature with little advance notice and no public hearing. Michigan State Police responded by closing the building, shutting citizens out of the legislative process.Read more >>>
DETROIT – Even after Chrysler Corp.'s Gualberto Ranieri, vice president of communications, said Friday, “Let's set the record straight: Jeep has no intention of shifting production of its Jeep models out of North America to China,” the Romney campaign put out a false and misleading ad basically repeating his bogus statement made Thursday in Ohio that Chrysler was moving all Jeep production to China.
Author Greg Palast, in his book, "Billionaires and Ballot Bandits," examines the role Mitt Romney played in the Delphi bailout and how he and other economic vultures made millions as the storied parts supplier went into and came out of bankruptcy. In this video, Palast tells how Mitt and Ann Romney made at least $15 million from the carcass of Delphi and as much as $115 million.
It also shows how Romney's cronies made more than $4 billion off the bankruptcy. These same billionaires also contributed millions to his presidential campaign.
DETROIT -- Two days after GOP presidential candidate Mitt Romney told a crowd near Toledo, Ohio, that Chrysler was moving all Jeep production to China, the GOP candidate appears to be unfazed by his incorrect remarks and remains mum on the subject.. Read more >>>
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Michigan is at a historic crossroads. The path we choose will define the economic future for generations of Michiganians.