Tuesday, March 24, 2020

WALL STREET DEMANDS EXPANDED TRUMPERnomics FOR THE RICH

“The remarkable thing is how weak wages are, how weak the economy is, given that as a result of the tax bill we have a $1 trillion deficit.”

Message from big business on coronavirus pandemic: Save profits, not lives

24 March 2020
As the coronavirus pandemic continues to spread throughout the world, and as reported cases in the United States increase at a faster rate than in any other country, a definite line is emerging from the American ruling class: “The cure is worse than the disease.” In other words, the lives of millions of workers must be sacrificed in the interests of corporate profit.
“We cannot let the cure be worse than the problem itself,” Trump declared on Twitter Sunday evening. “At the end of the 15-day period [that began one week ago], we will make a decision as to which way we want to go.”
At his news conference Monday, Trump said that he wants American businesses to reopen in a matter of “weeks, not months… At a certain point, we have to get open and we have to get moving. We don’t want to lose these companies…”
Downplaying the significance of the pandemic, which is already overwhelming health care systems in the US, Trump added, “We have a very active flu season, more active than most… And you look at automobile accidents, which are far greater than any numbers we’re talking about. That doesn’t mean we’re going to tell everybody no more driving of cars. So we have to do things to get our country open.”
If millions of people die, so be it. It is a cost of doing business. So declares the corporate and financial oligarchy. Lloyd Blankfein, the former CEO of Goldman Sachs, wrote on Twitter that it was necessary “within a very few weeks to let those with a lower risk of the disease return to work.”
An autoworker prepares a chassis to receive an engine on a new aluminum-alloy body Ford F-150 truck at the company's Kansas City Assembly Plant in Claycomo, Mo. (AP Photo/Charlie Riedel)
These statements came as Wall Street suffered a further fall on Monday, dropping to the lowest levels since Trump was elected in 2016, despite the infusion of unlimited sums of cash to the financial markets by the US Federal Reserve.
The move by the ruling class to quickly end restrictions on business operations to boost Wall Street defies the recommendations of epidemiologists and doctors. The New York Times, in an article posted Monday night, wrote that “Trump, Wall Street executives and many conservative economists began questioning whether the government had gone too far,” even though “relaxing those restrictions could significantly increase the death toll from the virus, public health officials warn.”
The Times failed to note, however, that among those leading the “back to work” campaign is the editorial page of the New York Times itself, the media outlet for the Democratic Party. The most explicit argument for letting people die in the name of “economic growth” came from leading Times columnist Thomas Friedman.
In a column published Monday, Friedman asks, “But as so many of our businesses shut down and millions begin to be laid off, some experts are beginning to ask: ‘Wait a minute! What the hell are we doing to ourselves? To our economy? To our next generation? Is this cure—even for a short while—worse than the disease?’”
Friedman’s column stacks one lie on top of another.
Lie #1: It is impossible to contain the disease
Friedman argues that governments should abandon efforts to contain the pandemic. He writes that “at this stage there is no way of avoiding the fact that many, many Americans are going to get the coronavirus or already have it. That ship has sailed.” He goes on to cite fellow Times contributor David L. Katz, who declares “we missed the opportunity for population-wide containment.”
The World Health Organization (WHO), the globally recognized authority on infectious disease, has been clear that the abandonment of efforts at “containment” of COVID-19 is inappropriate and unacceptable. “The idea that countries should shift from containment to mitigation is wrong and dangerous,” said the organization’s director-general, Tedros Adhanom Ghebreyesus.
The fatality rate of COVID-19 varies by country. In Korea, where a vast portion of the population has been tested and extensive resources have been brought to bear in treating the pandemic, the fatality rate is 1.2 percent. In Italy, where the health care system is overwhelmed by the disease, the fatality rate is 9.4 percent and growing by the day.
Based on this range of possible outcomes, Friedman’s proposal to allow the majority of the population to be infected with COVID-19 would be purchased with between one million and 18 million lives.
Lie #2: Social distancing does not save lives
Friedman takes an even more reprehensible step, not just arguing against efforts to contain the pandemic through contact tracing, isolation and quarantine, but demanding the end of social distancing measures in the name of preserving the “economy.”
Friedman argues that “governors and mayors, by… basically sending everyone home for an unspecified period, might have actually increased the dangers of infection for those most vulnerable.”
This is yet another false and unsubstantiated statement, totally at odds with the guidance of the WHO, which has endorsed social distancing as necessary to save lives by keeping hospitals from being overburdened.
Lie #3: Saving lives will “destroy the economy”
Friedman continues, “But we also need to be asking ourselves—just as urgently—can we… maximize the chances for as many Americans as possible to safely go back to work as soon as possible. One expert I talk to below believes that could happen in as early as a few weeks.”
That “expert” is Dr. David L. Katz, whose published works include Dr. David Katz’s Flavor-Full Diet: Use Your Tastebuds to Lose Pounds and Inches with this Scientifically Proven Plan. Katz has promoted the quack science of homeopathy and “energy medicine,” declaring that the medical profession must embrace “a more fluid concept of evidence.” Surgical oncologist David Gorski has argued that Katz specializes in seeking “to ‘integrate’ pseudoscience with science, nonsense with sense, and quackery with real medicine.”
In an earlier column in the Times, Katz argued for “most of society to return to life as usual and perhaps prevent vast segments of the economy from collapsing. Healthy children could return to school and healthy adults go back to their jobs. Theaters and restaurants could reopen.”
Friedman, citing Katz, argues “as with the flu, the vast majority will get over it in days, a small number will require hospitalization and a very small percentage of the most vulnerable will, tragically, die.”
In fact, economic activity necessary to the functioning of society can be sustained under safe conditions with a massive investment in infrastructure. All non-essential production can be shut down for a period of time necessary to contain the pandemic. However, this requires that the principle determining all the actions of governments—the profit interests of the rich—be eliminated from all consideration.
The statements of Katz and Friedman have been condemned by leading epidemiologists. In a letter to the Times, a group of four Yale epidemiologists, Sten H. Vermund, Gregg Gonsalves, Becca Levy and Saad Omer, slammed Katz’s “suggestion that the global community is overreacting to Covid-19,” declaring that “he favors letting the pandemic run its course.”
Gonsalves, an assistant professor of epidemiology at Yale, who has spent decades researching infectious diseases, was even more direct on Twitter, declaring that neither New York Times op-ed editor Jim Dao nor editorial page editor James Bennet thought of “talking to an infectious disease epidemiologist about any of this before publishing this irresponsible garbage.”
He wrote that the articles by Katz and Friedman “are going to undermine public health efforts with a bunch of hot air, based on no evidence, no analysis full-stop.”
He continued: “In the @WhiteHouse we have @realDonaldTrump who botched the response to the epidemic, @nytimes we have entitled upper-middle class men who know little more than the President does and like him, love to say what’s on their minds. You should be ashamed of yourselves: @DrDavidKatz @tomfriedman @jimdao & @JBennet.”
The New York Times is deliberately promoting quack science during a pandemic and putting lives at risk. These actions have a definite social content. Like Trump, the primary concern of the Times is to reopen businesses and pump up the value of the stock market, at any cost. If it means that the workers forced to toil in unsafe conditions “will, tragically, die”—so be it.
There is an underlying logic to this process. The massive infusion of credit into the financial system must be supported by the extraction of surplus value from the working class.
The lifting of mandatory quarantines will do little to get people to shop and go to restaurants. But not working will be treated as an individual decision, making workers who refuse to work under unsafe conditions ineligible for unemployment insurance.
From the beginning, the ruling class has viewed the pandemic not as an issue of public health, but as a potential impediment to generating profit. Its sole concern has been how the crisis will impact its bottom line. Now that it has secured a massive government bailout, the ruling class wants to ensure that business returns to normal.
This form of socially sanctioned euthanasia has a distinctly fascistic character, not dissimilar to the argument by the Nazis that the disabled were “undesirable” elements who should be eliminated. In the face of the greatest crisis facing American capitalism, the ruling class is revealing itself to be not just parasitic, but homicidal.
This policy arises out of the unchallenged assumption that no measures can be taken that impinge upon the profit system. Even in the midst of a global pandemic, which threatens the lives of millions, the priority of world governments and their media flunkies is to defend, at all costs, the wealth of the ruling class and the interests of the corporate-financial elite.
All the economic resources of society must be mobilized now to fight the pandemic, not salvage Wall Street! The demand of the ruling class that workers sacrifice their lives and the lives of their families by returning to work, to be realized by force if necessary, will generate enormous opposition.
The development of mass opposition to the demands of Wall Street, the media and the Trump administration must be based on an understanding that the fight against the pandemic, and the implementation of policies to secure the health and safety of workers, is at the same time a fight against capitalism.


U.S. Graduates Expect Mass Layoffs as Companies Keep Hiring H-1B Visa Workers

FILE- In this Jan. 11, 2013 file photo, Infosys Technologies employees move through the headquarters during a break in Bangalore, India. The shares of top Indian IT companies are falling in response to news of proposed U.S. legislation that would require salaries for H-1B visa holders to be doubled to …
Aijaz Rahi/AP Photo
9:41
Many American graduates will lose their jobs in the coronavirus meltdown unless they pressure C-suite executives to shrink the million-plus H-1B visa workers on the payrolls, say lawyers, political activists, and Americans who have lost jobs in prior mass layoffs.
American graduates “must act now to ensure the huge pending layoffs are imposed on Indian H-1Bs instead of on Americans,” said Marie Larson, a co-founder of the American Workers Coalition. 
American and Indian managers have already replaced American graduates with an army of roughly one million Indian white-collar workers, including roughly 750,0000 H-1B workers. Hundreds of thousands of other visa and work-permit workers are imported from China, Europe, and Asia under rules allowing renewable stays one to three years.
Many of these visa workers are hidden from media outlets and American employees because they are hired via a network of Indian-run subcontracting firms, such as Tata or Infosys. House Democrats — aided by business lobbyists — have drafted a bill to protect the visa workers, and the Department of Homeland Security took two steps last week to help accelerate the 2020 arrival of 85,000 more H-1B workers.
American managers will be reluctant to fire their visa workers, in part, because it is more difficult to rebuild a visa-worker labor force than it is to rehire fired Americans.
“There’s plenty of evidence that Indian managers will be reluctant to fire fellow Indians,” said Ron Hira, an expert on the outsourcing industry and an associate professor at Howard University. “There are cultural network effects on hiring — anybody who studies diversity and underrepresented minorities or females knows these things have effects [because] people tend or hire people who they are comfortable with, who are like them,” he said. 
“If an H-1B gets laid off, they have to leave the country, and that can be a devastating experience, particularly if they have a house and a family here,” Hira said. “They will be much more desperate to keep their jobs. … Those folks are so desperate they will work for nothing,” he added. 
Americans “have to band together,” said Kevin Lynn, founder of USTechworkers.com, adding:
That means you have to make a collective decision to go to management and make your demands. You have to band together and meet with your legislators at municipal, country, state and federal levels. You have to do it immediately. You run the risk of getting fired, but the reality is that they are going to fire you anyway. That’s the plan … The time to fight back is now.
“You go as high up as you can, to the CEO, the director of human resources,” said James Otto, a California lawyer who has won court cases for Americans who were fired so the companies could import Indian workers. He continued:
If you don’t do this, you lose. But if you do this,  the range of outcomes starts with you get to keep your jobs – maybe with less pay, but you keep your benefits. You can negotiate, and if they say no, you’ve gained documentation of discrimination and it is illegal discrimination and you can sue on that.


Americans graduates have the law on their side, said Otto.
Companies have to promise that the H-1B will not disadvantage Americans when they first ask the government for permission to import H-1B workers.
According to a summary by Cornell University’s law school:
An employer seeking to employ H-1B nonimmigrants in specialty occupations … shall state on Form ETA 9035 or 9035E that the employment of H-1B nonimmigrants will not adversely affect the working conditions of workers similarly employed in the area of intended employment.
The employers’ commitment is made in the “Labor Condition Application” form:
The employer shall provide working conditions for nonimmigrants which will not adversely affect the working conditions of workers similarly employed. The employer’s obligation regarding working conditions shall extend for the duration of the validity period of the certified LCA or the period during which the worker(s) working pursuant to this LCA is employed by the employer, whichever is longer.
The rules are tighter for companies that are deemed an “H-1B Dependent” employer:
An H-1B dependent or willful violator employer is prohibited from displacing a U.S. worker in its own workforce within the period beginning 90 days before and ending 90 days after the date of filing of the visa petition.
“Get organized. Gather evidence … collect documents,” said John Miano, a lawyer at the Immigration Reform Law Institute. “Fifty people bringing a case adds a lot more weight.”
The H-1B laws provide little or no protection for Americans graduates, he said. But lawsuits can be based on patterns of executives’  discrimination against Americans in favor of people who are not citizens or not Americans, he said. The lawsuits can also be brought against companies that keep many workers on subcontractors’ payrolls. “It is tougher to prove,” he said, adding, “It ain’t what you know, it is what you can prove.”
Americans also need to lobby Congress and get media attention before they are fired, Larson said. “It is a time for action, even if it puts people at risk — putting your heads down, keeping anomalous, it’s not having an impact,” she said. 
The Indian H-1B workers are lobbying Congress to preserve their work permits and jobs, so Americans must accept that politics is more important than their technical expertise, she said. “We need every American graduate to push this issue as much as possible. … They need to call, email, and tweet their senators and reps daily.”
Indians will shout “Racism!” at American employees who rally their black, white, Latino, Asian, native-born, and immigrant peers into a group to protect their economic rights and their jobs, Larson said. “Whenever anybody shouts the word ‘racism!’ everybody freezes,” she said. But the Indian groups already organize themselves to fight in Congress for jobs, she said: 
Immigration Voice is the lobbying group that is heavily lobbying our Congress, including on bringing in more visa workers and the green card giveaway [S.386], has become a master of using “Racism!” as a whip to cow the American people into going with their demands.
“The Indians are a group of groups, they look out for themselves,” said Lynn, adding:
We see ample evidence of preferential treatment. They look out for people of their nation, their caste, their region, and hence we see case after case of country-of-origin discrimination and preferential hiring for their in-group.
Over the last two years, American professionals have organized to lobby against the H-1B program via the American Workers CoalitionU.S. TechWorkers, and ProUSworkers.
The new TechsUnite.US site was created to help U.S. graduates anonymously collaborate while shielded by encryption.
In turn, these groups are backed up by a few sites that track the scale and location of the outsourcing industry in each legislator’s district. The sites include SAITJ.org and H1BFacts.com. “The scope of this thing is really unbelievable,” said one researcher.
Other sites document the conflicts created by diverse foreign business practices in the United States. The non-political MyVisaJobs.com site also provides much information about H-1B outsourcing and green card rewards in multiple industries.



The racism claims that are routinely thrown at Americans are the reverse of the workplace reality, Larson said. “Yes, there is discrimination, but it is in favor of Indians, and it is done by U.S. executives,” because they prefer to hire and fire cheap, compliant labor from India, she said, adding:
Our hard-fought employee rights are being pushed to the curb. The message has been entirely skewed so that visa workers can come in saying “We want diversity,” “Don’t be racist,” but Americans for decades have been fighting for employee rights, rights for women, for minorities, and these are all just being stepped over.
[Americans] are being pushed aside — even Chinese-Americans and Asian-Americans to a great extent. Indians are just dominating [in workplaces] and all these other minorities don’t even have any representation [in workplaces] any longer. It is not diversity at all.
The conflict between American employees and visa workers exists because Congress allows companies to hire visa workers who have far fewer rights in the job market than do legal immigrants, he said. “The most important issue is … we should have immigrants and immigration, not guest-worker visas.”
“When you are in these desperate times, it is going to create even more negative, knock-on effects on the labor market,” he said. 

Govt data shows 1 million Indian contract-workers get white-collar jobs in tech, banking, health etc.
The Indian hiring ignores many EEOC laws & is expanding amid gov't & media silence.
It is a huge economic & career loss for US college grads. http://bit.ly/2Sy3uw6 



But Americans’ rights can be enforced by lawsuits, said Otto, who has won million-dollar judgments for Americans who were fired by a California insurance company.
Americans need to document their companies’ staff, collect contacts, performance evaluations, and force executives to explain their decisions, he said. Any deception or smears by executives can dramatically expand lawsuits, he said.
“[If] you quit [trying], you lose: If you’re going to get fired, what have you got to lose?”

“The remarkable thing is how weak wages are, how weak the economy is, given that as a result of the tax bill we have a $1 trillion deficit.”

"This week the Washington Post reported that the US retail giant Walmart is planning to cut jobs as part of a restructuring to develop online sales to compete with Amazon. In the brutal language of the corporate world, it said store managers should follow “standard termination procedures” for any “active associate who has not been selected for another position in the company.” This edict will potentially affect thousands of workers, sometimes with decades of service."

No comments: