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AFL-CIO Now

Boeing Basks in Profits but Targets Technical Employees Who Engineer and Design the Products

As the Boeing Company boasts to Wall Street about record sales and income, the message they are bringing to negotiations is that engineers and technical workers have had it too good. The company wants cuts in the new contract. New employees won’t have a pension. Salary pools will be smaller, maybe much smaller. And, get ready to pay a higher share of your family’s medical costs because a company goal is to shift more of those costs onto workers.

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Thomas Palley: The Fed’s 2% Inflation Target Trap

The Federal Reserve recently adopted a two percent inflation target, reports Thomas Palley, AFL-CIO senior economic policy advisor. The Fed should be looking at policies that improve wages, not ones that will undercut the possibility of future wage increases and make it more difficult to achieve full employment, Palley writes In an Op-Ed published in the Economists' Forum blog titled, "The Fed's 2% Inflation Target Trap.

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Latest HIT Boston Investment Preserves Affordable Housing, Creates Jobs

Franklin Square Apartments. HIT Photo

The AFL-CIO Housing Investment Trust (HIT) will provide $90 million towards rehabilitating and preserving affordability at two 30-year-old the Boston apartment complexes that serve primarily people with disabilities, low-income and senior residents. The project is part of HIT’s National Construction Jobs Initiative and the AFL-CIO’s Green Jobs Initiative. The project is expected to create about 150 union construction jobs for local workers.

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Romney Plan: Hike Middle Class Taxes, Outsource Jobs

Those of us in the middle and working classes will see our taxes raised big time if Mitt Romney is elected president, according to a new report released today by the Center for America Progress at a day-long event examining Romney’s proposals. Romney is proposing a set of so-called tax reforms that would increase taxes for 18 million working families, meaning an average income couple with two kids would pay $850 per year more in taxes.

In sharp contrast, Romney would gain $4.5 million in tax cuts in just the first year, and rake in more than $100 million in tax breaks over his lifetime (click chart at left to expand).

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Prosperity for All: Here’s the Plan

Prosperity for All: Here’s the Plan

We can strengthen the U.S. economy and invest in our nation's infrastructure and workers. A long-term plan for growth is needed, and it certainly doesn't involve austerity. 

Yale University Professor Jacob Hacker and Roosevelt Institute Founder Nathaniel Loewentheil today released their new paper, Prosperity Economics: Building an Economy for All, at the Economic Policy Institute. This bold paper provides a comprehensive plan to grow our nation’s economy in a way that works for everyone. 

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Ohio Union Members Pitch In to Help Wounded War Vet

Kyle Hockenberry

Union members in the Marietta, Ohio, area are joining with several charitable organizations to raise funds to build a “smart home” for Army Private First Class Kyle Hockenberry who lost both legs in an improvised explosive device attack in Afghanistan last year.

The Parkersburg-Marietta Building and Construction Trades Council has volunteered the labor to build the house. The group is also working with the Gary Sinise Foundation and the Tunnels to Towers Foundation’s Building for America’s Bravest initiative in promoting an Aug. 16 fundraising concert in Marietta featuring Sinise’s Lt. Dan Band. Sinise portrayed double amputee Lt. Dan in the movie “Forrest Gump.” 

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IAFF Member Shows Off Rescued Bird Dogs on National TV

Houdini, the rescue dog who was adopted by the Walsh family.

Union Sportsmen's Alliance sends us a preview of this week's "Brotherhood Outdoors" on the Sportsman Channel at 8 p.m. (EST) which airs Thursday, August 2.

Scott Walsh, a third generation member of Fire Fighters (IAFF Local 1561), from Eastpointe, Mich., grew up hunting small game and deer. But in 2010, when Walsh and his family decided to take a risk and adopt a rescued bird dog, everything changed.

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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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IAFF Member Shows Off Rescued Bird Dogs on National TV

Scott Walsh, a third generation member of Fire Fighters (IAFF Local 1561), from Eastpointe, Mich., grew up hunting small game and deer. But in 2010, when Walsh and his family decided to take a risk and adopt a rescued bird dog, everything changed.

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Minimum Wage: Not Just for Kids

Minimum Wage: Not Just for Kids

As Congress considers raising the nation’s minimum wage, it’s a good time to point out that it’s not just for teens earning pocket money. At $7.25 an hour, the current minimum wage hasn’t been raised for three years. Proposals in both the House and Senate would increase the federal minimum wage to $9.80 by July 1, 2014.

A report by the Economic Policy Institute (EPI) points out that

87.9 percent of those affected nationally by increasing the federal minimum wage to $9.80 are 20 years of age and older. The share of those affected who are 20 or older varies by state, from a low of 77.1 percent in Massachusetts to a high of 92.4 percent in Florida (and 93.9 percent in the District of Columbia).

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