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Written by Stumo
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Wednesday, 03 September 2008 |
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Frank Shannon is a member of CPA's Colorado Chapter along with David Anderson. They were featured in a Colorado Springs Gazette article on regional decline in jobs.
"The myth is that we are losing jobs because of China's low wage rates. But when you compare our wages and productivity rates with Chinese wages and productivity rates, the end result is not very far apart," Shannon of Finishes Ltd. said. "The reason we are losing jobs to China is manufactures there have an 80 percent cost advantages because of currency manipulation and the fact that they rebate all taxes paid by manufacturers as an incentive to come there."
Colorado Springs is in the Fourth Congressional District. Doug Lamborn (R) is the incumbent and Hal Bidlack (D) is the challenger.
CPA is putting on a major event on October 2, 2008 called "Back to the Future: Ben Fanklin and Thomas Jefferson Ask - Time for Another Tea Party?" Lamborn and Bidlack are invited to discuss their views on trade and the economy.
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In the news
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Washington, October 22, 2008 - Keith Bolin, ACGA President and Bureau Co., IL farmer and hog producer, announces the American Corn Growers 22nd Annual Convention in Coralville, IA, January 15-16, 2009 at the Marriott Hotel and Conference Center. "Food, Conservation, Energy & Trade 2009" will boast a line-up of well-known industry leaders who will address the current policies and practices of food, conservation, energy and trade.
Find more information on this event here. |
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