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Showing blog posts published on Feb 12, 2013

Trumka Reacts to the 2013 State of the Union

Trumka Reacts to the 2013 State of the Union

AFL-CIO President Richard Trumka released the following statement in response to President Obama's 2013 State of the Union address:

"Tonight President Obama sent a clear message to the world that he will stand and fight for working America’s values and priorities. And with the foundation he laid, working families will fight by his side to build an economy that works for all."

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Yellen to Washington, D.C.: Fiscal Austerity Slows Recovery

Janet Yellen. Photo courtesy of the Federal Reserve.

Last Monday, Federal Reserve Vice Chair Janet Yellen gave the keynote speech at an AFL-CIO economic policy conference on restoring shared prosperity. 

Yellen began by noting that the Federal Reserve “is the only agency assigned the job of pursuing maximum employment.” 

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Seniors and Veterans Tell Honeywell: 'Pay Your Taxes'

Seniors and veterans showed up at a "Fix the Debt" event in New Hampshire to tell Honeywell CEO David Cote that if he really wants to fix the debt, he should have Honeywell pay its fair share of taxes. Cote is one of a number of wealthy corporate leaders in the "Fix the Debt" coalition, which advocates for cuts to benefits like Social Security and Medicare and is pushing for lower corporate taxes. Advocates for working families and their allies point out that many of the "Fix the Debt" companies engage in loopholes to avoid paying their fair share of taxes.

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Rich Are Getting Richer and It's Hurting Social Security's Finances

Photo courtesy of the Alliance for Retired Americans.

While media pundits raise faux concern every time the Social Security trustees release their annual report, falsely declaring the program is in dire trouble—even though the future modest funding shortfall can easily be fixed by scrapping the cap—it's important we take a look at a major factor in Social Security's finances: rich people. 

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Nevada's Working Families Come Together to Support Pathway to Citizenship

Nevada's Working Families Come Together to Support Pathway to Citizenship

The Nevada union movement and national labor leaders held a rally and press conference in Las Vegas yesterday to kick off the national union campaign to help pass comprehensive immigration reform that protects immigrant and American workers. Nearly 1,000 Nevadans attended the event.

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