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AFL-CIO Now

Showing blog posts tagged with infrastructure

5 Reasons Why the Rich and Big Business Need Government

If the bad guys in the classic movie, “Treasure of the Sierra Madre,” had been corporate apologists or obnoxious Trump-like rich tycoons, the classic line about badges might read this way, “Government? We don’t need no stinkin’ government.”  

In a column on AlterNet Paul Buchheit dispels what he calls “the bull of Wall Street” and cites five good reasons why the super-rich and big business may need government more than the rest us.

We regularly hear variations on that theme from the wealthy in the form of the tired old saw “I made it on my own…didn’t need any government help.” Corporate CEO’s and lobbyists rail against rules and regulations that supposedly stifle entrepreneurship and eat profits.

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AFT’s Weingarten Calls for ‘Solution-Driven Unionism’

America’s unions need to focus on “solution-driven unionism,” that advances solutions centered on uniting union members, the people they serve and the communities in which they live, AFT President Randi Weingarten told delegates at AFT’s convention in Detroit today.

More than ever, we need to act in innovative, creative and new ways—simultaneously refuting our critics, advancing our values, connecting with community and proposing solutions. That’s solution-driven unionism.

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Catastrophic Events Even Riskier with Manufacturing’s Decline

Photo by USACEpublic affairs/Flickr

Whether it's a Katrina-like hurricane, major earthquake or devastating terrorist attack, the decline in America’s industrial manufacturing base and the nation’s reliance on foreign suppliers for goods formerly made in the U.S.A. threatens our ability to prevent, repair and recover from a major catastrophe, a new report reveals.

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U.S. Net Worth Drops, Republicans in Congress Make Matters Worse

New data showing U.S. median net worth plunged by nearly 40 percent following the not-so-Great Recession is getting big media play today. Pundits are shocked—which gated communities do they live in again?—but the Federal Reserve figures showing individuals’ net worth dropped from $126,400 in 2008 to $77,300 in 2010 doesn’t come as a surprise to most Americans. They’ve been struggling to find jobs in an economy where there still are more than three job seekers for ever one available.

Meanwhile, Republicans in Congress are holding hostage the America Dream.

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Trumka: Manufacturing Revival Vital to Strong National Security

Center for National Policy

AFL-CIO President Richard Trumka today said our national security depends on reviving the nation’s manufacturing and industrial base. He called for adding 4 million manufacturing jobs and eliminating the trade deficit within five years.  

In a wide-ranging speech at the Center for National Policy (CNP), Trumka said economic strength is crucial to America’s national security and economic standing, and manufacturing is central to economic strength. That’s a connection that most people understand, he said.

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Romney's Economic Policies: Stale and Failed

Romney's Economic Policies: Stale and Failed

In a televised panel discussion yesterday, AFL-CIO President Richard Trumka handily put Mitt Romney’s economic polices into perspective: stale and failed.

Countering comments by Romney economic adviser Vin Weber that corporate taxes need to be lowered and deregulation pushed forward, Trumka noted that George W. Bush followed that same prescription with the result that after his eight years as president,

there were fewer jobs in America when he left office then when he came into office. If those were such a great prescription, why did they almost destroy the economy?

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Public Investment Best Engine for Economic Growth

The surest route to returning to the productivity, economic growth and employment the United States experienced in the post-World War II era and again in the late 1990s requires a substantial increase in public investments, a new report from the Economic Policy Institute (EPI) finds.

But the biggest obstacle facing any significant boost to public investments, writes EPI Economist Josh Bivens is “how myopic the economic debate about budget deficits has become in the United States.”

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Washington Jobs Bonds ‘A Great Victory’ for Workers, State

This is a cross-post from David Groves at The Stand, a project of the Washington State Labor Council.

OLYMPIA (April 11) — With strong bipartisan support, the Washington state legislature today passed the Infrastructure Jobs Bonds sought by a labor-business coalition to create some 20,000 jobs throughout the state. Washington State Labor Council (WSLC) President Jeff Johnson called it "a great victory for the working men and women of our state, especially those in the construction industry who have suffered from such high unemployment since the beginning of the recession."

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House Leaders Duck Long-Term Solution, OK Temporary Transportation Funding

Instead of acting on a long-term, bipartisan surface transportation bill, House Republican leaders today pushed and passed another short-term extension, just hours before they are due to leave town on a two-week recess. Funding authorization expires Saturday, and the Senate is expected to approve the 90-day extension.

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