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Showing blog posts tagged with 99 percent

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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Mitt Romney: Meet Mr. 1%

Check out our new website Meet Mr. 1% at www.aflcio.org/meetromney

Mitt Romney made a wad of cash—$255 million—by laying off American workers and shipping U.S. jobs overseas.

Now he wants to give millionaires and billionaires more tax cuts they don't need—tax cuts that didn’t create jobs the first time around—while hurting the rest of us.

Meet Mr. 1% is our new website with infographics and a video you can share on FacebookTwitter and Pinterest.

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Are We Headed Toward A Servant Economy?

Are We Headed Toward A Servant Economy?

Jeff Faux, Distinguished Fellow at the Economic Policy Institute (EPI), joined us here today at the AFL-CIO to discuss his new book, The Servant Economy: Where America’s Elite is Sending the Middle Class. The event launches the AFL-CIO summer book series, which includes discussions with noted economists who will talk about their new books on jobs, inequality and the U.S. financial crisis. (Get details and RSVP here.)

In his last book, The Global Class War, Faux in 2006 correctly predicted the permanent decline of our debt-burdened middle class at the hands of our off-shoring executives, out of control financiers and their friends in Washington. So we asked Faux a few questions about what his latest analyses and predictions in The Servant Economy.

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Income Inequality: The 12 Cookies Joke

Photo courtesy of Flickr Creative Commons.

This is a cross-post from Huffington Post by Stan Sorscher, labor representative for the Society of Professional Engineering Employees in Aerospace/IFPTE Local 2001 (SPEEA/IFPTE).

A CEO, a Tea Party member and public employee sit at a table with 12 cookies on a plate. The CEO grabs 11 cookies and tells the Tea Party member, "You better watch him. He wants your cookie."

The CEO took 11 out of 12 cookies. This isn't a question of what's fair. The CEO has the economic power to take 11 cookies—and he does.

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Obama Tax Cut Plan Exposes Republican Bias for 1%

Last night’s “Last Word with Lawrence O’Donnell” had a good breakdown of why Republicans in Congress are likely to fight President Obama’s proposal to allow the Bush tax cuts to expire on income higher than $250,000.

In urging Congress to take action on what lawmakers can agree on—allowing Bush tax cuts to remain in place for everyone except those in the top tax bracket—Obama is pushing for a one-year extension of Bush tax cuts for incomes under $250,000. If Mitt Romney is elected, it's likely the American public would see him and Republicans in Congress cut taxes for their wealthy buddies by reinstating Bush's tax breaks for them.

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AFL-CIO Hosts Friday Book Series on Jobs, Inequality and the U.S. Financial Crisis

If you’re in Washington, D.C., join us at the AFL-CIO for a Friday book series running July 13 through August 3 featuring well-known authors discussing their new books on jobs, inequality and the U.S. financial crisis.

Jeff Faux, Tim Noah, Tom Palley and Simon Johnson will be here for discussions and book signings—and we hope you can join one or more of the events. Bring your lunch and get set for a lively discussion. Beverages will be provided. Books will be available for purchase.

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Economics 101 for the 99%

Economics 101 for the 99%

How did Wall Street get away with crashing the U.S. economy?  Its inner circle spoke a “language” only one percent of the public could understand. Now, a new booklet explains its jargon to the rest of the country.

“Economics for the 99%” serves as an economic translation dictionary, clarifying Wall Street’s “bankspeak,” explaining the  role of the Federal Reserve, as well as the so-called austerity war. 

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AFSCME Leaders Chronicle Main Street’s Fight Against the 1%

AFSCME Leaders Chronicle Main Street’s Fight Against the 1%

The Main Street Moment: Fighting Back to Save the American Dream, a new book by AFSCME President Gerald McEntee and Secretary-Treasurer Lee Saunders, examines the recent unprecedented attacks on workers’ rights, growing income inequality and how everyday people are fighting back against the 1%.

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New Today: CEO Pay and the 99%

New Today: CEO Pay and the 99%

Moments ago, we launched the 2012 AFL-CIO Executive PayWatch site—now called CEO Pay and the 99%—which includes the most comprehensive data accessible on 2011 executive pay. All of the data available is searchable by industry, by state and by the top 100 highest-paid CEOs.

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Join the 99% Spring Training and Take a Swing for Economic Justice

Join the 99% Spring Training and Take a Swing for Economic Justice

This is the 99% Spring and you can join the more than 100,000 activists from unions, community, faith and other progressive groups to take the economy back from the 1% and challenge corporate greed. Starting Monday, April 9, and running through April 15, hundreds of training sessions around the country are set for activists to learn how to take back the economy.

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