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Nike isnt breaking rules; they were broken already
Key Excerpts from Article on Website of San Francisco Chronicle (San Francisco's leading newspaper)


San Francisco Chronicle (San Francisco's leading newspaper), May 16, 2015
Posted: May 24th, 2015
http://www.sfgate.com/opinion/reich/article/Nike-isn-t-break...

President Obama chose Nike headquarters ... to deliver a defense last week of his proposed Trans-Pacific Partnership. It was an odd choice of venue. While Nike still makes some shoe components in the United States, it hasnt assembled shoes here since 1984. Last year, a third of Nikes remaining 13,922 American production workers were laid off. Most of Nikes products are made by 990,000 workers in low-wage countries whose abysmal working conditions have made Nike a symbol of global sweatshop labor. America has a huge and growing problem of inequality. Most Americans are earning no more than the typical American earned 30 years ago, adjusted for inflation even though the U.S. economy is almost twice as big. Since then, almost all the economic gains have gone to the top. The so-called economic recovery that began in 2009 has ... had no effect on the wages of most Americans. Jobs are coming back, but wages are still stuck in the mud. Heres where Nike comes in. Congressional Republicans and the president want a giant trade deal that protects corporate investors but will lead to even more offshoring of lower-skilled American jobs. We know that when Americans displaced from manufacturing jobs join the glut of Americans competing for personal service jobs ... their wages decline. Its not Nikes fault. Nike is simply playing by the rules. But the rules are tilted against the interests of most American workers.

Note: The above article further clarifies why the Trans-Pacific Partnership is a pending disaster. The article was written by former US Secretary of Labor and current professor of public policy at UC Berkeley Robert Reich, who also released a two minute video to educate the public about the dangers of the TPP. For more, see concise summaries of deeply revealing income inequality news articles from reliable major media sources.


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