Thursday, September 25, 2014
FDR's Populism Lives on; LA Workers at Big Hotels Win $15 an hour; Americans No Longer Believe in the American Dream
At a time when the middle class is struggling and workers aren't reaping the fruits of their labor. We all can find hope that populism is alive and well. Ken Burns’s 14-hour PBS documentary “The Roosevelts” in so many ways reminds us that we are living in a country shaped by FDR, and that his legacy will live on in this new generation of populist movements.
New Deal liberalism lives on - Washington Post
"No business which depends for existence on paying less than living wages to its workers has any right to continue in this country," FDR once said. Unfortunately, many businesses in the U.S. pay far less than a living wage, but hope is not lost. The fight for $15 an hour was won yesterday for those working in Los Angeles at large hotels. Workers will soon make $15.37 an hour, which is among the highest minimum wage hikes in the country.
Tuesday, September 23, 2014
Wal-Mart Accused of Violating Campaign-Finance Laws; Economists Offer Wage Increase Ideas; Treasury Announces Rules to Reduce Tax Inversion Benefits
Companies have worked very hard to keep costs low and that includes their labor expenses, which is why wages continue to remain stagnated and productivity continues to rise. The minimum wage hasn't increased in years, allowing businesses to get away with paying low wages, keeping people in poverty. The financial times interviewed economists from across the political spectrum on their ideas to jump-start wage increases.
Economists from across the political spectrum offer their ideas to jump-start wage growth - Financial Times
Thursday, September 18, 2014
The Hobby Lobby Decision and Unintended Consequences...
What's the reason for nearly 8 million workers dropping out of the labor force since late 2007? And more importantly, what are we going to do about it? A series of studies over the past year have found that aging explains about half of the post-2007 drop in labor force participation, but what about the other half? According to William Galston of the Brookings Institute, a major economic solution should be to focus on creating a better balance between "rewards to labor and returns to capital."
Saving the Vanishing American Worker - Wall Street Journal
Monday, September 8, 2014
400 Arrested at Fast-food Strike; Harvard Business: Income Inequality is Unsustainable; Unionized Macy's Worker Feels Job Security
Last Thursday, over 400 fast-food workers and activists were arrested for non-violent civil disobedience during a national day of action. Fast-food workers from across the country lead the one-day strikes in over 150 cities where workers called for $15 and a union.
Over 400 Arrested in National Fast-Food Workers’ Strike for Living Wage, Unionization - Democracy Now
Almost a week after another low-wage worker uprising, the Harvard Business School released a new study saying income inequality is "unsustainable," and that "thriving citizens become more productive employees, more willing consumers, and stronger supporters of pro-business policies."
Friday, August 22, 2014
New EO Makes Contractors Qualify for Taxpayer Dollars; Bangladesh Workers Seeking Justice; Is Income Inequality Affecting More Women than Men?
The New York Times Editorial Board chimed in this week not long after the President signed another executive order for federal contract workers. The EO advised federal procurement officials to ensure the federal government isn't contracting with repeated labor law violators who cheat, steal, sicken and harm their workers. The Editorial Board ended with writing, "contractors who oppose the order seem to have forgotten that they are bidding for taxpayer dollars. They are not entitled to contracts; they must qualify."
The Right to Cheat and Maim? - New York Times
Bangladesh has some of the worst labor conditions, and it hasn't improved since a factory fire killed 112 people and another factory collapsed killing 1,200 people, injuring 2,500 who were mostly women. The victims' families and those continuing to suffer from poor labor practices are fighting to end worker abuse in Bangladesh, and bring justice to garment factory workers.