State Senator Mary Lazich (R-New Berlin) represents parts of four counties: Milwaukee, Waukesha, Racine, and Walworth. Her Senate District 28 includes New Berlin, Franklin, Greendale, Hales Corners, Muskego, Waterford, Big Bend, the town of Vernon and parts of Greenfield, East Troy, and Mukwonago. Senator Lazich has been in the Legislature for more than a decade. She considers herself a tireless crusader for lower taxes, reduced spending and smaller government.
Also to blame is competition with low-wage workers from less-developed countries that has driven down wages for other workers in manufacturing and reduced the wages and bargaining power of similar workers throughout the economy. Virtually all production workers with less than a four-year college degree, approximately 70 percent of the private-sector workforce, or about 100 million workers have been affected. The Institute reports that for a typical full-time median-wage earner during 2006, these indirect losses totaled approximately $1,400 per worker.
Looking at net jobs lost between 2001 and 2008,
What can be done?
The Institute report concludes: “The U.S-China trade relationship needs a fundamental change. Addressing the exchange rate policies and labor standards issues in the Chinese economy are important first steps.”
You can read the Institute’s study here.