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Bernstein: Inequality and Budget Deficits—Why Is Only the Latter an Emergency?

Source: Piketty and Saez, 2012, link in the blog.

"Inequality and Budget Deficits: Why Is Only the Latter an Emergency?" is a cross-post from Jared Bernstein's On the Economy blog. 

I just read two sweeping reports on the state of income inequality in the U.S. (the second link focuses on state-level inequality) and other advanced economies.  Perhaps it’s because I’ve been so ensconced in fiscal cliff discussions, but I was struck by how much more alarmed policymakers are by the budget deficit than by the inequality situation. There are reasons for that tilt—some good, some bad—but based on magnitudes of the problem, it’s far from clear that our current sole policy focus is warranted.

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Quench Your Thirst with a Union-Made-in-America Brew

Quench Your Thirst with a Union-Made-in-America Brew

Like the song says, “Summer’s here and the time is right for dancing in the streets.” Then you can cool off with a made in America and union-brewed cold beer. There’s a wide range of union-made beers to please any palate, from the ubiquitous Bud Light from Anheuser-Busch to the hard to find Talon Double IPA from Mendocino Brewing Co. to organic brews from Butte Creek Brewing and the classic “Land of Sky Blue Waters” Hamm’s from Miller/Coors.

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N.J. AFL-CIO: Pension System Could Net $87M if N.J. Makes Payment in July

N.J. AFL-CIO: Pension System Could Net $87M if N.J. Makes Payment in July

New Jersey State AFL-CIO President Charles Wowkanech expressed the federation’s support for a proposal by the state’s Senate President Stephen Sweeney and Assembly Speaker Vincent Prieto calling on Gov. Chris Christie to make the state’s annual pension payment at the start of the fiscal year, rather than waiting until the end of the year.

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More Equal: Winners and Losers of the Week

Photo courtesy Michael Fleshman on Flickr

In our regular weekly feature, we’ll be taking a look at the winners and losers of the week in the struggle for the rights of working families. The winners will be the persons or organizations that go above and beyond to expand or protect the rights of working families, while the losers will be whoever went above and beyond to limit or deny those rights.

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July 4 Made-in-America BBQ Shopping List

July 4 Made-in-America BBQ Shopping List

This week, in the lead-up to the nation's birthday on July 4, we'll be spotlighting union-made products. Stay tuned for a new list each day.

Many of us will celebrate Independence Day with a barbecue. We can keep the red, white and blue in the holiday with this made-in-America, union label backyard barbecue checklist, compiled from the Bakery, Confectionery, Tobacco Workers and Grain Millers (BCTGM), the LA Labor 411's websiteUnion Plus and the United Food and Commercial Workers (UFCW).

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LGBT Pride Month Profile: Urvashi Vaid

LGBT Pride Month Profile: Urvashi Vaid

As we celebrate LGBT Pride Month, we want to honor a longtime social justice advocate and labor ally: Urvashi Vaid.

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Four Loony Labor Lies We’re Really Sick of Hearing

Four Loony Labor Lies We’re Really Sick of Hearing

Numbers don’t lie. Wage inequality is at its highest since the Great Depression. Total income grew 36.9% in the United States from 1979 to 2007, and the top 1% snatched 53.9% of it. Yet despite the facts, people are blaming unions for everything from corrupt politics to economic failures.

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LGBT Pride Month: Tamara's Tale

The latest video from AFGE tells the story of member Tamara Lusardi, a transgender woman who served her country in the military and in the defense industry and not only fought back against workplace discrimination, she won. Watch the video to hear Tamara's story.

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America's Unions Applaud Supreme Court Ruling on Marriage Equality

America's Unions Applaud Supreme Court Ruling on Marriage Equality

In the wake of today's historic Supreme Court ruling on marriage equality, organizations representing working families applauded the ruling. Here are the statements and tweets released on Friday.

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Supreme Court Ruling on Fair Housing a Win for Workers Everywhere

Yesterday, the U.S. Supreme Court delivered a major win for working families, ruling that housing discrimination does not have to be intentional in order to be illegal. Victims of housing discrimination may now bring a complaint when there is clear evidence that a housing provider intended to discriminate, or when a practice or policy that is not intentionally discriminatory has a negative impact on a particular group of people, like people of color or persons with disabilities. Wages have remained stagnant for decades, and today, too, many middle- and working-class families are locked out of buying a house or renting affordable housing because of discrimination. This decision by the court helps ensure that working families will have access to safe and affordable housing across the country.

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Working Families Demand Restoration of Voting Rights Act

Working Families Demand Restoration of Voting Rights Act

In Roanoke, Va., part of the district of Rep. Bob Goodlatte (R), working families joined with a broad coalition of activists and concerned Americans to demand restoration of the Voting Rights Act, key provisions of which were struck down by the Supreme Court two years ago. Here are some of the key tweets from those in attendance.

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