Kim Nylander Herrera is a freelance writer and copy editor with over 10 years experience developing, implementing, and project managing diverse communication plans for corporate clients – with two years working in multi-media environments including writing, editing and production within the publishing and consulting industries.
Ms. Nylander is also the owner and founder of Navitas Human Capital, a management consulting firm that provides human resource and career solutions for the nonprofit and emerging business market. Her HR specialties include: organizational design, corporate communications, change management, talent acquisition and strategic planning. Ms. Herrera is also a Certified Professional Career Coach (CPCC) who utilizes her in-depth knowledge of the HR function to assist individuals in accelerating their career growth through customized executive and career coaching programs.
Prior to her corporate work, Ms. Herrera worked in as a research assistant for a university in Chicago where she assisted with editing faculty manuscripts and analyzing research for faculty publication. Her publications include a series of eLearning career development courses, as well as career and business related topics for “Arrived Prepared,” a HighBeam Business blog that reports on industry trends, sales triggers, and business updates. She lives in the Chicago area and spends her free time enjoying her family, her two dogs, photography and learning Mandarin.
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Senate fails to approve Obama jobs bill; approves China currency bill
Posted on October 13, 2011 by Kim Herrera
The American Jobs Act failed to secure the 60 votes necessary to take it into full consideration when it came before the Senate Tuesday evening. Commonly referred to as the ‘jobs bill,’ the proposed legislation has been the brainchild of the Obama administration, whose goal for the bill is to help drive economic recovery through increased hiring and consumer spending. The vote, coming on the heels of the early 2012 election season, has been a hotly contended political topic, with key issues coming down to how the bill will be paid for.
The outcome of the bill’s failure to garner enough votes Tuesday has many questioning what the implications will be for small- and medium-sized business – organizations that stand to gain the most from the bill’s use of employer incentives, such as payroll tax cuts, state subsidies and new hire tax credits that are designed to help drive job growth and spur industry investment. While answers to these questions remain unclear at the moment, two events do shed light on the direction the government may be heading in its decision making: the proposed parsing out of the jobs bill for further examination and the government’s consideration of U.S. trade sanctions against China as a means to level the playing field for U.S. business and increase domestic job growth.
Jobs Bill Break Out
According to the October 11, 2011 New York Times article “Jobs Measure Is Defeated in Senate Test” by Robert Pear, the idea of carving out the jobs bill for piecemeal voting, is one the president was considering before the bill came before the Senate Tuesday night. As cited by Pear, the president was quoted as saying on Tuesday, “If they don’t pass the whole package, we’re going to break it up into different parts.” A statement, that according to Pear is in line with White House officials who “said they would seek to push individual components of the bill that had the best chance for passage.”
According to the article, Senate Democratic aides said that voting on select components of the bill could begin as soon as the week of October 17 or later this month, with the timing dependent on Party leaders’ need to consult with their caucuses to finalize which provisions should be considered first.
While the most contentious issue of how the bill will be funded may be the first topic to be brought before Congress, given the bi-partisan support of provisions such as large-scale infrastructure projects and the county’s mounting anxiety regarding the pending extension of unemployment insurance benefits, those portions of the act may be the first to be voted on.
China Currency Bill
Although the jobs bill did not garner enough support to reach the quorum necessary to push it forward in whole, on Tuesday the Senate did approve a move to place trade sanctions on China in response to what the U.S. has cited as China’s undervaluation of Chinese currency—an economic factor that advocates of the bill claim lowers U.S. competitiveness in the marketplace and contributes to the loss of U.S. jobs.
Led by Sen. Sherrod Brown (D-OH), the move is part of The Currency Exchange Rate Oversight Reform Act of 2011, which cleared the Senate by a vote of 63 to 35. In relation to the bill, Brown stated on Tuesday, “We are in trade war. But today we’re fighting back with one of the biggest bipartisan jobs bill the Senate has seen this year.”
However, not everyone is on board with the sanctions or their ability to increase job growth. Detractors of the bill claim the sanctions will do more damage than good, putting economic and trade relations with China at risk—a move that has left some U.S. businesses and Senate Republicans looking for alternative solutions.
In a statement dated October 6, Sen. Bob Corker (R-TN) said, “If we want to do something productive regarding China, we should focus on pushing the Chinese to end preferential procurement policies, addressing China’s disregard for intellectual property rights, encouraging the Chinese to make investments in manufacturing plants in the U.S., and ensuring that America maintains access to the 1.3 billion Chinese consumers.”
The sanctions also have yet to get the full backing of the president. As quoted by The Washington Times on October 7, White House Press Secretary Jay Carney said Wednesday, “Aspects of this legislation do … raise concerns about consistency with our international obligations, and we are in the process of discussing those issues with members of Congress.”
As of October 13, the sanctions have an additional hurdle to over come as the measure must still pass a House vote—a move Speaker John Boehner (R-OH), says he will work to block.