Social Security a Far Better Deal for Workers Than Modern Retirement Plans

By: Wednesday October 24, 2012 10:04 am

is brief set of calculations from the Wall Street Journal’s Ellen Schultz shows simply how much of a raw deal American workers have been getting from defined-contribution retirement plans. It is impossible for them to generate the rate of return of a defined benefit plan, just completely impossible.

JOBS Act Gets Signed Today

By: Thursday April 5, 2012 8:24 am

President Obama will sign the JOBS Act today, a bill that sprung from his own Jobs and Competitiveness Council, a group with 19 corporate executives and 2 labor officials. Dealbook reports that Wall Street companies have begun to scour the bill for provisions that they can use to their advantage. Because that’s how it works, [...]

Unionization Rate Rises in 2011

By: Friday January 27, 2012 2:13 pm

This isn’t how conservatives wanted things to play out. They wanted to use the post-Tea Party period as a time to crush union membership. They sought out a coordinated strategy, in places like Wisconsin and Ohio and Indiana and Tennessee and Oklahoma and Idaho, to roll back and bust up unions. And despite all that, [...]

NLRB Approves Union Election Speed-Up Rule

By: Wednesday December 21, 2011 1:35 pm

The National Labor Relations Board, in what could be one of its final acts before it goes dark due to a lack of a quorum, formally approved new rules that would accelerate union elections. Because there may not be a functional NLRB after January 1, however, there will be no immediate practical effect to this [...]

Trumka Brings Bagels, Supplies to Zuccotti Park

By: Friday October 7, 2011 10:10 am

Occupy Wall Street is a community-based movement spreading across the country, from college campuses to small towns. The best way for people already invested in traditional politics, from elected officials to members of politically based groups, to approach it is not by aligning their issues with some issue you or your group is working on, [...]

Trumka Draws Fine Line Between Supporting and Usurping #OcupyWallStreet Protests

By: Wednesday October 5, 2011 8:15 am

Members of the political elite have finally had to confront the question of the #OccupyWallStreet protests and the larger movement for social and economic change that it represents. Sen. Jeff Merkley agreed with the goals of the protesters and their belief that the system is broken, and expressed interest in going to a protest. Ron [...]

Trumka Sends List of 22 Murdered Colombian Unionists to the President

By: Tuesday September 27, 2011 11:01 am

You’re watching Colombia Trade Agreement. See the Web’s top videos on AOL Video We have known for years about the dangers of being a trade unionist in Colombia, of the murders of organizers and labor officials. The murders have increased in frequency in the years since the US negotiated a trade deal with Colombia. They [...]

Obama Pushes for Clean Highway Bill Extension

By: Wednesday August 31, 2011 7:30 am

The White House is getting an early jump on the House Republicans’ next potential hostage-taking event, and perhaps learning something in the process. In an event today, flanked by AFL-CIO chief Richard Trumka, Chamber of Commerce COO David Chavern and Transportation Secretary Ray LaHood, President Obama will call for a clean extension of the Highway [...]

Tackling the Wrong Problem

By: Thursday August 25, 2011 2:41 pm

Jed Lewison tallies up the numbers from CBO, and notices that the focus on deficits over the past 20 months was a success! At least with regards to long-term deficits. In the January 2011 CBO report, this was the analysis of revenues and outlays: Total revenues: $39.084 trillion Total outlays: $46.055 trillion Total surplus/deficit: $-6.971 [...]

Labor Falls in Line

By: Thursday August 18, 2011 9:46 am

I remember a lot of fanfare over this Joan Walsh column, where labor leaders claimed they were “declaring independence” and moving to state and local politics for the purposes of self-preservation. Indeed, some of that has happened. The International Association of Fire Fighters closed their federal PAC. Labor poured a lot of money into the [...]

Coburn Returned to Gang of Six After Agreement on Health Care Cuts

By: Thursday July 21, 2011 6:55 am

Just about the only specific piece of the Gang of Six proposal, as explained well by Rep. Peter DeFazio above, is the move to chained CPI, a benefit cut for Social Security, veteran’s benefits and any program with a cost of living adjustment, along with a regressive tax cut. So that should give you a [...]

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