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Today's Stories January 8, 2008 Paul Craig
Roberts January 7, 2008 Chris Floyd John Blair Uri Avnery Andy Worthington Binoy Kampmark David Macaray Ralph Nader Michael Donnelly Ron Jacobs Gideon Levy Dave Lindorff Website of
the Day
January 5 / 6, 2008 Douglas Valentine Kevin Young Richard Rhames Saul Landau Marc Lynch Robert Fantina Donna Volatile Jelle Bruinsma Bob Sutcliffe Harvey Wasserman Missy Beattie David Swanson Jacob Hornberger Shepherd Bliss Ron Jacobs Poets' Basement Website of the Weekend
January 4, 2008 Cockburn /
St. Clair Jonathan Cook Paul Craig Roberts Stan Goff Dave Lindorff Niranjan Ramakrishnan Allan Nairn Joshua Frank Peter Morici Mary McInnis Website of the Day
January 3, 2008 Fatima Bhutto Pam Martens Joanne Mariner Zoltan Grossman David Domke Norman Solomon Nikolas Kozloff Jacob G. Hornberger Martha Rosenberg Russell Means Website of the Day
January 2, 2008 Jeff Taylor M. Shahid Alam Gary Leupp Paul Craig Roberts Heather Gray Fred Gardner David Macaray Benjamin Dangl
January 1, 2008 Iain A. Boal B. R. Gowani Shahid Mahmood Linn Washington,
Jr. Harvey Wasserman John Ross Website of the Day
December 31, 2007 Alexander Cockburn Tariq Ali Liaquat Ali Khan Wajahat Ali Robert Fisk Ajai Sahni Marwan Bishara Uri Avnery Mark T. Harris Brenda Norrell Website of the Day
December 29 / 30, 2007 Alexander Cockburn Tariq Ali Fawzia Afzal-Khan Gary Leupp China Hand Jacob Hornberger John Chuckman Missy Beattie Ralph Nader Fidel Castro Robert Fantina Greg Moses Catherine Lutz Kristin Van
Tassel Kim Nicolini Phyllis Pollack Poets' Basement Website of
the Weekend
December 28, 2007 Farzana Versey Wajahat Ali Binoy Kampmark Ayesha Ijaz
Khan Anthony DiMaggio Ray McGovern Jim Goodman Ron Jacobs Russell Hoffman John Murphy Website of the Day
December 27, 2007 Dilip Hiro Murtaza Shibli Stephen Soldz Bill Quigley Paul Craig Roberts Omer Subhani Marjorie Cohn Allan Nairn Jacob G. Hornberger Norman Solomon Patrick Irelan Ben Tripp Website of the Day
Charles Tripp Paul Armentano Rannie Amiri Stanley Heller John Walsh Martha Rosenberg Norman Madarasz Website of
the Day
December 25, 2007 Patrick Cockburn December 24, 2007 Andrea Peacock Tariq Ali Uri Avnery Jill Jameson Steve Melendez Mike Whitney Chuck Munson John Walsh Farzana Versey Richard Neville Website of the Day
Alexander Cockburn Ralph Nader Andy Worthington Ahmad Faruqui Bill Moyers Rev. William
E. Alberts Timothy J. Freeman Anthony DiMaggio Fred Gardner Paul Krassner Seth Sandronsky William Loren
Katz Michael Dickinson Ron Jacobs David Vest Poets' Basement Website of the Weekend
December 21, 2007 John Ross Jacob Hornberger Dick J. Reavis Jeff Cohen
Peter Morici Jack McCarthy Raúl Zibechi Steve Early David Macaray Patrick Bond Lakota Freedom Delegation Website of
the Day
December 20, 2007 David Rosen Alan Farago Laura Carlsen Ashley Dawson Wayne Smith Website of
the Day
December 19, 2007 Saul Landau Paul W. Lovinger Norman Solomon Dave Zirin Marjorie Cohn Sen. Russell
Feingold Sonja Karkar Anthony Papa Christopher Ketcham Davey D Website of
the Day
December 18, 2007 R. F. Blader George Wuerthner Steven Higgs Vijay Prashad David Macaray Ralph Nader Eva Liddell Martha Rosenberg Dave Lindorff Peter Morici Website of
the Day
December 17, 2007 Mike Whitney Tom Barry Uri Avnery Greg Moses Allan Nairn Patrick Bond Stephen Lendman Charles Jonkel Laray Polk Stephen Fleischman December 15 / 16, 2007 Peter Linebaugh Howard Zinn Standard Schaefer Raymond J.
Lawrence Alan Farago Saul Landau Jenna Orkin Ahmad Samih
Khalidi Robert Fantina Missy Comley
Beattie Ramzy Baroud James L. Secor Elijah Wald Website of
the Weekend
December 14, 2007 JoAnn Wypijewski John Ross Jacob Hornberger Andy Worthington Allan Nairn Dave Zirin Dave Lindorff Misty MacDuffee Ben Terrall Dr. Mustafa
Barghouthi Website of the Day
December 13, 2007 Paul Craig
Roberts Mike Whitney Ron Jacobs Norman Solomon Peter Morici Sandy Mayes Franklin Lamb Jacob Hornberger Nadim Rouhana Dave Zirin Website of the Day
Allan
Nairn Alan
Farago Ray
McGovern Winslow
T. Wheeler Evan
Jones James
Petras Joel
Hirschorn Joshua
Frank Sherry
Wolf Dan
Bacher Website
of the Day
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January 8, 2008 The Big BetrayalNo Jobs for the New Economy (or the Old)By PAUL CRAIG ROBERTS December did not bring Americans any jobs. To the contrary, the private sector lost 13,000 jobs from the previous month. If December is a harbinger of the new year, it is going to be a bad one. The past year, hailed by Republican propagandists and "free trade" economists as proof of globalism's benefit to Americans, was dismal. According to the Bureau of Labor Statistics' nonfarm payroll data, the US "super economy" created a miserable 1,054,000 net new jobs during 2007. This is not enough to keep up with population growth--even at the rate discouraged Americans, unable to find jobs, are dropping out of the work force--thus the rise in the unemployment rate to 5%. During the past year, US goods producing industries, continuing a long trend, lost 374,000 jobs. But making things was the "old economy." The "new economy" provides services. Last year 1,428,000 private sector service jobs were created. Are the "free trade" propagandists correct that these service jobs, which are our future, are high-end jobs in research and development, innovation, venture capitalism, information technology, high finance, and science and engineering where the US allegedly has such a shortage of scientists and engineers that it must import them from abroad on work visas? Not according to the official job statistics. What occupations provided the 1.4 million service jobs in 2007? Waitresses and bartenders accounted for 304,200, or 21% of the new service jobs last year and 29% of the net new jobs. Health care and social assistance accounted for 478,400, or 33% of the new service jobs and 45% of the net new jobs. Ambulatory health care and hospitals accounted for the lion's share of these jobs. Professional and business services accounted for 314,000, or 22% of the new service jobs and 30% of the net new jobs. Are these professional and business service jobs the high-end jobs of which "free traders" speak? Decide for yourself. Services to buildings and dwellings account for 53,600 of the jobs. Accounting and bookkeeping services account for 60,500 of the jobs. Architectural and engineering services account for 54,700 of the jobs. Computer systems design and related services account for 70,400 of the jobs. Management consultants account for 88,400 of the jobs. There were more jobs for hospital orderlies than for architects and engineers. Waitresses and bartenders accounted for as many of last year's new jobs as the entirety of professional and business services. Wholesale and retail trade, transportation, and utilities accounted for 181,000 of 2007's new jobs. Where are the rest of the new jobs? There are a few scattered among arts, entertainment, and recreation, repair and maintenance, personal and laundry services, and membership associations and organizations. That's it. Keep in mind that the loss of 374,000 goods producing jobs must be subtracted from the 1,428,000 new service jobs to arrive at the net job gain figure. The new service jobs account for more than 100% of the net new jobs. Keep in mind, too, that many of the new jobs are not filled by American citizens. Many of the engineering and science jobs were filled by foreigners brought in on work visas. Indians and others from abroad can be hired to work in the US for one-third less. The engineering and science jobs that are offshored are paid as little as one-fifth of the US salary. Even foreign nurses are brought in on work visas. No one knows how many of the hospital orderlies are illegals. What a super new economy Americans have! US job growth has a distinctly third world flavor. A very small percentage of 2007's new jobs required a college education. Since there are so few jobs for university graduates, how is "education the answer"? Where is the benefit to Americans of offshoring? The answer is that the benefit is confined to a few highly paid executives who receive multi-million dollar bonuses for increasing profits by offshoring jobs. The rest of the big money went to Wall Street crooks who sold trusting people subprime derivatives. "Free traders" will assert that the benefit is in low Wal-Mart prices. But the prices are low only because China keeps its currency pegged to the dollar. Thus, the Chinese currency value falls with the dollar. The peg will not continue forever. The dollar has lost 60% of its value against the Euro during the years of the Bush regime. Already China is having to adjust the peg. When the peg goes, Wal-Mart shoppers will think they are in Neiman Marcus. Just as Americans have been betrayed by "their" leaders in government at all levels, they have been betrayed by business "leaders" on Wall Street and in the corporations. US government and business elites have proven themselves to be Americans' worst enemies. Paul Craig Roberts was Assistant Secretary of the Treasury in the Reagan administration. He was Associate Editor of the Wall Street Journal editorial page and Contributing Editor of National Review. He is coauthor of The Tyranny of Good Intentions.He can be reached at: PaulCraigRoberts@yahoo.com
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