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State, Local Budgets Tanking, Need Help Fast |
With official unemployment at 10.2 percent, creating new jobs is a critical part of any economic recovery. But huge state and local budget shortfalls caused by the nation’s economic crisis will make joblessness worse unless state governments receive massive amounts of aid, according to a new report.
The report by Ethan Pollack, an Economic Policy Institute (EPI) policy analyst, says the recession has led to much lower tax revenues for state and local governments. Unlike the federal government, state and local governments must balance their budgets by law. So state and local policymakers are cutting spending and raising taxes, steps that will lead to lower consumer demand and more unemployment.
At an EPI forum yesterday to release the report, Trenton [N.J.] Mayor Douglas Palmer said mayors and governors could use additional federal stimulus money to create jobs now, improve the nation’s infrastructure and help small businesses—all of which would have lasting economic and environmental benefits.
Bipartisan Report Shows U.S. Must Move Aggressively on China’s Illegal Acts |
The 2009 report to Congress by the bipartisan U.S.-China Economic and Security Review Commission (USCC) is a call to action for the United States to move aggressively against China’s illegal moves in the global economy and to create an industrial strategy to rebuild our manufacturing base, several experts said today.
During a telephone press conference sponsored by the Campaign for America’s Future, Carolyn Bartholomew said China has developed a plan to build national wealth and increase its power and influence in the world and the United States has not.
Working America, Union Members Deliver for Health Care Reform |
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In Louisiana, Maine, North Dakota, Delaware, Arkansas and Indiana this week, Working America members and union volunteers are sending a message to their senators: You need to pass real health care reform.
Working America and union members delivered thousands of handwritten letters to senators in these key states. On Tuesday in Louisiana, Wednesday in Arkansas and yesterday in four other states, these activists brought more than 15,000 letters to their senators in support of health care reform that expands coverage, doesn’t raise costs for middle-class families because it doesn’t tax their benefits and includes a public health insurance option to help hold insurance companies accountable.
You can join the fight and demand a Senate debate on health care reform here.
Join Tweet-a-Thon and Expose the Chamber of Commerce Friday |
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Get set to join a tweet-a-thon Friday, at 10 a.m. EST, to help launch the #notmychamber campaign spearheaded by the worker advocacy group, American Rights at Work.
If you are on Twitter, starting at 10 a.m., sign the organization’s “Not My Chamber” act.ly petition at http://act.ly/1cc or by tweeting: RT @araw petition @chamberpost: The U.S. #Chamber doesn’t represent me. It’s Not My Chamber! http://act.ly/1cc #notmychamber (RT to sign!)
If you don’t use Twitter (and can understand nary a word of the previous paragraph), you can sign the “Not My Chamber” pledge here: www.notmychamber.org. Already, 20,301 people and 3,102 business owners have signed the pledge.
The Rich Are Different. They Have Jobs |
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Goldman Sachs, one of the Wall Street firms that got the H1N1 flu shot well ahead of millions of America’s school children, sent this health tip in a memo to its pampered, out-of-touch execs: “Resist the urge to open your own car door; let your driver do it.”
Yo, Jeeves. While you’re at it, dust around the edges of those massive CEO pay packages. Because according to a report released today by the Government Accountability Office (GAO), top executives at four companies that jettisoned their employee pension plans received $49.5 million in retirement and severance benefits in the years before the companies filed for bankruptcy, while retirees saw their benefits cut by as much as two-thirds.
Yet Wall Street bankers are making that cash flow keeps coming: Yesterday, writes David Dayen, Senate Republicans bowed low before their corporate masters and delayed a move by Sen. Chris Dodd (D-Conn.) to immediately take up a bill that would freeze all credit card rates, charges and fee increases.
Without Jobs, the Nation’s Future Circles the Drain |
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After he was elected AFL-CIO president in September, Richard Trumka traveled around the country on a listening tour. Here’s one story he heard, which he described this week as the AFL-CIO, along with several key allies, launched a jobs initiative to help get our nation back to work.
Last summer at an event in Ohio, I met a young woman who is facing this crisis head-on. Lacey, who is not yet 20 years old, wants to become a teacher. But after her dad’s factory closed and he was laid off, she had to put off her hopes of attending college to help her parents keep a roof over their heads. Lacey took a job in a school cafeteria—until the state budget got cut, and she got laid off, too.
After months in which she and her father were both searching for jobs, Lacey said she felt lucky to find a part-time fast food job that pays half of what the cafeteria paid. Lacey has more unemployed friends than friends with jobs, and, like a third of workers her age, she’s still living with her parents. Here’s what Lacey said to me that day:
I wanted to be a teacher to help children get the education they need to get ahead. But now I feel like I’m just going backward myself. I’m really scared for the kids my age. We want to work. We need jobs.
Senate Health Care Bill: Moving in the Right Direction |
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Today, Senate Majority Leader Harry Reid (D-Nev.) officially released the Senate’s version of health care reform legislation, a major step toward the health care reform bill America has been waiting for. The first vote to begin debate on this historic bill could happen as soon as Saturday.
It’s an improved bill from the one passed by the Senate Finance Committee last month. It still falls short of an ideal bill but, like the one passed by the U.S. House earlier this month, it greatly increases coverage, helps make health insurance more affordable and includes a public health insurance option to compete with insurance companies.
AFL-CIO President Richard Trumka says Reid has shown courage and leadership in bringing a good bill to the full Senate. Trumka says the bill is a step in the right direction, because it would cover 31 million people, control costs, include a public option and cut $127 billion from the deficit in the first decade. Trumka notes that unfortunately, while many of the bill’s financing mechanisms are fair, it is still partially funded through a tax on health benefits.
Hundreds in Airline Industry Gain a Union Voice on the Job |
More than 400 flight attendants and 170 pilots now have strong union voices after voting to join the Flight Attendants-CWA( AFA-CWA) and the Air Line Pilots (ALPA) in three elections, recently certified by the National Mediation Board (NMB).
In the latest victory for airline workers, the 300 flight attendants at Compass Airlines voted 2-to-1 for AFA-CWA representation. Compass flight attendant Catriona Bagley, temporary president of the Compass local, says she and fellow flight attendants
look forward to negotiating a contract that will provide security, as well as advance our careers. As AFA-CWA members, we will have a voice at the bargaining table and work alongside management in creating a leading regional airline contract that recognizes our role as safety professionals.
Gone with the Wind: Blowing U.S. Tax Dollars Off Shore |
It turns out a Texas windmill farm developer’s request last month for nearly half a billion in stimulus funds to create 2,000 jobs in China doesn’t rank first on the audacity scale.
Shockingly for American taxpayers, and sadly for the staggering 10.2 percent of Americans who are unemployed, it doesn’t even rank second.
That’s because Washington already has doled out hundreds of millions in stimulus funds to foreign renewable energy firms. Of the $1.05 billion in clean energy grants awarded by Washington, D.C., $849 million—84 percent—went to foreign wind companies, according to an analysis by Russ Choma of the Investigative Reporting Workshop. He wrote:
The cash grants were given for the installation of 1,763 megawatts of capacity—1,566 installed by foreign companies. Using the Renewable Energy Policy Project’s own numbers, as many as 4,500 manufacturing jobs may have been created overseas.
Today: National Day of Action to Stop Wage Theft |
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Workers, community leaders and religious activists are holding rallies, prayer vigils and other actions in more than 40 cities around the country today as part of a National Day of Action to Stop Wage Theft.
Wage theft is a national epidemic, which robs millions of workers of billions of dollars they’ve worked for but never seen, says Kim Bobo, executive director of Interfaith Worker Justice (IWJ) and author of the book Wage Theft in America.
During a Capitol Hill press conference this morning, Bobo said:
Too many workers can’t buy a Thanksgiving turkey because employers have stolen their wages. Wage theft is not a small, isolated situation. It’s a national epidemic.
Wage theft affects workers like Cleve Williams, who worked for a city contractor in Cincinnati. Williams told the press conference he was fired after he organized his fellow workers to fight for a living wage. The city’s law required the comapny, which holds a city contract, to pay a minimum wage. But Williams says it took three years to get the wages raised to the legal level.
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