Big League Economics
AMERICA FIRST: President Trump Fires Tennessee Valley Authority Chairman After Drive to Fire American Workers, Replace With H-1B’s
America First!
President Donald Trump announced his intention to fire the CEO of the Tennessee Valley Authority on Monday, citing the federally owned company’s recent track record of firing its American workers and seeking to replace them with cheaper, outsourced H-1B visa workers.
The President confirmed that he would secure the resignation of TVA CEO Skip Thompson, either through the federal company’s board, or through his own authority. The TVA is the nation’s largest federally owned corporation, created in Great Depression to provide electrical and public works services to a large region of Appalachia and the American South. TVA’s recent firing of 200 American workers had represented a stark departure from its original mission of providing gainful and useful employment opportunities in what remains one of the poorer regions of the country.
President @realDonaldTrump to the CEO of the Tennessee Valley Authority & any Federally-appointed Board:
"If you betray American workers, then you will hear two simple words: ‘you're fired.'" #AmericaFirst #HireAmerican pic.twitter.com/0gQpPr1WXn
— The Columbia Bugle 🇺🇸 (@ColumbiaBugle) August 3, 2020
Thompson had raked in a salary of $8,000,000 dollars a year as the TVA enacted a firing campaign of its own workers, setting off alarms about executive greed within the publicly chartered company’s leadership.
The President made the announcement following a meeting with US Tech Workers, a pro-American worker organization that has been publicizing rampant greed and corrupt hiring practices in corporate America and the technology industry. Tech Workers recently highlighted the TVA’s replacement of its skilled American workforce with H-1B subcontractors, who provide cheaper labor at the cost of a reduced skill set and poorer services.
Tennessee Valley Authority Firing American Workers, Replacing With Cheaper H1B Labor
At the meeting with US Tech Workers, President Trump also signed an executive order punishing greedy outsourcing practices on the part of companies that receive taxpayer dollars through federal contracts. The new executive order entails oversight over federal contractors by the Department of Labor, which will audit companies for illegal H-1B replacement of American workers.
The TVA caved to the federal pressure immediately, making an announcement that the company would be reversing its recent firing of 200 American workers in favor of H1B replacements shortly after the President addressed the issue.
Immediately after President Trump's remarks, the CEO of the Tennessee Valley Authority signaled willingness to reverse a terrible decision that would have ousted 200+ highly skilled American workers and replaced them with lower-wage foreign workers. pic.twitter.com/1aAYpUNxmP
— The White House (@WhiteHouse) August 3, 2020
Big League Economics
SHAME: Democrats Are Blocking Stimulus Legislation That Includes Second $1,200 TrumpBux Check
Democrats in Congress are blocking a bipartisan $1.5 trillion stimulus package that includes a second round of $1,200 TrumpBux payments to Americans.
Leading House Democrats are saying the bill isn’t big enough of a giveaway, but they favor stimulus measures that would divert funds away from the pockets of everyday Americans to institutions. They want to bail out Democrat state and local governments, and are willing to block TrumpBux payments to Americans if they aren’t allowed to.
The House passed a $3.4 trillion stimulus package in May that was shot down by Senate Republicans. The latest $1.4 stimulus legislation has been presented as a compromise, after House Democrats in turn rejected a thin $500 billion stimulus package proposed by Republicans last week. That package did not include a second round of $1,200 payments, and Republicans are now willing to sign off on another TrumpBux payment in order to pass another round of stimulus.
The $1.5 trillion stimulus legislation emerged from the Problem Solvers Caucus, a group of 25 Republicans and 25 Democrats who emphasize bipartisanship and common ground. Aside from TrumpBux 2, it features $500 billion for cities and states, unemployment insurance of $600 a week, increased SNAP benefits and rental assistance.
Steny Hoyer and Nancy Pelosi are claiming the legislation doesn’t go far enough and that it “leaves too many needs unmet.”
Pelosi and House Democrats are insisting that Congress will remain in session until a second stimulus agreement is met, but in rejecting the Problem Solvers Caucus legislation they’re already shown they’re not open to a generous compromise.
Try asking everyday working Americans of all stripes and walks of life if they’re willing to wait or even go without a second $1,200 stimulus payment in order to provide a bigger bailout to states and cities that already engage in questionable budgetary practices to begin with. The Democrats are resolutely determined to avoid making people the priority in a stimulus package, and will block stimulus legislation to do so.
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