SAG President Joins AFL-CIO Executive Council
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The AFL-CIO Executive Council today welcomed a new member, Ken Howard, president of the Screen Actors (SAG). Howard, who was elected to lead the actor’s union in September 2009, replaces former SAG President Alan Rosenberg.
Convening for a one-day meeting in Washington, D.C., the council heard from Ron Bloom, senior counselor to President Obama for manufacturing policy and a former staff member at the United Steelworkers (USW). The council and union leaders have repeatedly called on the Obama administration to quickly enact a national industrial policy to foster and sustain growth in the nation’s manufacturing industries. Increasing our manufacturing capacity is critical as the world prepares to move toward a green economy.
Pollster Celinda Lake also shared the results of polling on the economy and the political implications of a protracted jobs crisis.
AFL-CIO Executive Council Calls for Round 2 of Economic Recovery
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The nation’s working families and the economy desperately need a second installment on the Obama administration’s economic recovery plan. That plan, says the AFL-CIO Executive Council,
must focus like a laser beam on job creation.
Along with approving an economic policy statement outlining the urgent need for more economic recovery initiatives, the council, convening for a one-day meeting yesterday in Washington, D.C., also welcomed two new members, Letter Carriers (NALC) President Fredric Rolando and AFGE Vice President Rogelio Flores.
The council honored former council members William Young, who recently retired as NALC president, and AFGE Vice President Andrea Brooks, who died in April. To help support the work of the Alliance for Retired Americans, the council proposed the creation of the Preserving Union Values Charitable Foundation.
Although the first round of economic stimulus has made huge strides is shoring up our economy, the council pointed out in its statement that the Bush administration’s economic legacy created such “economic devastation—in finance, housing and jobs,” that
The challenge of fixing this economic mess is enormous—and urgent. Creating good jobs that cannot be outsourced is central to the solution.
Unemployment is expected to hit 10 percent later this year and remain high in 2010. So far 6.6 million jobs have disappeared since the beginning of the recession in 2007, including 1.9 million manufacturing jobs and 1.3 million construction jobs. For those with jobs, wages are stagnant or shrinking and many workers face forced furloughs. As the council statement says:
It is crystal clear that urgent action from the federal government is needed to boost economic growth and jobs, and invest in America’s future.
Bailout Oversight Panel Recommends Eight Changes to Avoid Future Crises
The congressional oversight committee examining how the U.S. Treasury Department is spending taxpayer money in the Troubled Assets Relief Program (TARP) to help bailout the financial system says the nation needs smart regulation to help prevent another financial crisis and protect our economic future.
The Congressional Oversight Panel (COP) released a report today, which discusses how regulation would have helped avert the financial crisis and how it can help avoid future troubles.
