At the outset we believe that 33,000 high-paying manufacturing jobs will be lost. Those people who find jobs will lose 25% of their income immediately because they end up in sectors that are not as well paid and are much more precarious.
These are the things I think the committee needs to debate, rather than ideological positions. We can talk about ideology, but when we talk about the real historical experience of this economy and this country, we can see the problem is that the standards are harmonizing downward and the situation is becoming more and more precarious, not just for individuals, but for families, communities, and various regions of this country.