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Jobless Rate Dips Below 9 Percent but White House Holds the Applause
By Tom Diemer - Politics DailyThe Obama administration greeted news that unemployment finally fell below 9 percent with caution and restraint, calling the February downtick "encouraging" but warning against reading "too much into any one monthly report." "Though unemployment remains elevated, we are seeing signs that the initiatives put in place by this administration -- such as the payroll tax cut and the investment tax credit -- are creating the conditions for sustained growth and job creation," said Council of Economic Advisers Chairman Austan Goolsbee. Declines in the jobless rate over the last three months -- to the ...
Reaction to Deficit Reduction Plan Runs Hot, Though Obama Urges Open-Mindedness
By Tom Diemer - Politics DailyFor a few, the latest plan for tackling the nation's huge debt problem is a "dose of fiscal sanity." President Obama, among others, took a cautious approach, saying the bipartisan panel should be able finish its work before anyone begins "shooting down" its draft. But many in official Washington couldn't hold back -- they reacted with horror to a package of painful cuts designed to rein in the federal spending that has created a runaway national debt. Do away with the treasured income tax write-off for mortgages? No way, they said, it's a slap at the middle class. Cut defense spending? Ever ...
Bowles-Simpson Deficit Reduction Proposals: Initial Reactions
By David Knowles - AOL News(Nov. 10) -- Finally, someone has touched the third rail of American politics. Grappling with how to significantly reduce the nation's massive budget deficit, an 18-member bipartisan commission set up by President Barack Obama recommended that Social Security and Medicare benefits be cut, that defense and discretionary spending come way down and that taxes be raised. In addition, the commission's initial recommendations (read the full proposal here), which were released early by co-chairs Erskine Bowles and former Sen. Alan Simpson, argued that the retirement age should be raised to 69 by ...
Opinion: Where Did the Jobs -- and Little Red Wagons -- Go?
By not in system - AOL News(Oct. 15) -- Etch A Sketch by the Ohio Art Co. is made in China. Radio Flyer red wagons: made in China. Levi's: made in Latin America and Asia. When these and other American icons left the country, so did millions of jobs. Many of the more than 5 million manufacturing jobs and 600,000 information-sector jobs that have vanished in the past 10 years have been outsourced overseas. Outsourcing -- chasing low wages and lax regulation by shipping American jobs to other countries -- has been very good for the corporate bottom line and very bad for people who work for a living. While 27 million ...
Do Republicans Threaten Minimum Wage? Union Chief Trumka Revs Up Time-Honored Issue
By Tom Diemer - Politics DailyHere we go again. AFL-CIO President Richard Trumka, a strong ally of the Democratic majority in Congress, is questioning whether Republican candidates want to roll back or even repeal the federal minimum wage. "All of these candidates are saying, 'Do away with the minimum wage, do away with regulations,' and they are getting massive amounts of money from the Republican Party, so you have to say that the Republican Party agrees with those," Trumka said in a conversation with reporters Tuesday, according to the New York Times. Real or perceived threats to the minimum wage are dredged up in ...
Labor Group Sends Out 2.5 Million Mailers Targeting GOP Candidates
By Christopher Weber - Politics DailyFollowing up on its promise to spend big and fight hard for Democrats this election year, the nation's largest labor federation sent out 2.5 million campaign mailers Monday, going after GOP candidates in nearly 50 congressional and gubernatorial races. The aggressive mail campaign by the AFL-CIO and the Service Employees International Union accuses Republicans of being anti-union, wanting to privatize Social Security, being too close to Wall Street donors, and opposing basic worker safety requirements, The Huffington Post reported: But it's some of the specific attacks -- in addition to the ...
Democrats, Labor and the Morning After: What's the Cure for Midterm Malaise?
By Jill Lawrence - Politics DailyUnions are very good at turning out their members to vote, and often deliver the few extra percentage points that can swing a close race to a Democrat. The party has never needed those voters, and labor's money and organization, more than now. But will they come through this year? The 2010 midterm elections are a huge remove from the exhilarating days of 2006 and 2008, when Democrats and labor were on offense, armed with anti-Bush passion and highly motivated voters. This year poll after poll shows Republicans are chomping at the bit to vote, while Democrats are dealing with the double-whammy ...
Opinion: It's Labor Day, Is Grandma at Work?
By not in system - AOL News(Sept. 6) -- This Labor Day, more of our grandparents may be working a cashier's line, waiting tables or preparing lessons for the first day of school. Remember those happy TV commercials of seniors having the time of their lives, retiring in comfort and dignity after a lifetime of work? They're a dying dream for most older Americans. And that's something we can't let happen. With the average retirement age at 65 and increasing, Americans are already working longer than their counterparts in other developed countries. Over a third of workers now plan to retire later than age 65, compared ...
Sarah Palin Responds to Attack By Labor Chief Richard Trumka
By Christopher Weber - Politics DailySarah Palin has responded to criticism by AFL-CIO President Richard Trumka, calling him a "career union boss" and saying his stinging remarks about her are "the usual Beltway nonsense." Palin's post on Facebook followed a speech in Alaska by AFL-CIO President Richard Trumka in which he assailed the former governor for leaving office early, compared her to Joe McCarthy, and accused her of using "poisonous" anti-union rhetoric. "There was a bit of the politics of personal destruction thrown around, and he mixed it in with the same old big government agenda that has been rejected in union halls, ...
Sarah Palin, Says Labor Chief Richard Trumka, Will 'Go Down in History Like McCarthy'
By Jill Lawrence - Politics DailyAFL-CIO President Richard Trumka went to Alaska on Thursday to deliver a speech that paints former governor Sarah Palin in unusually harsh terms. Trumka, in an advance text released by the labor federation, calls Palin a hypocrite who quit the governorship to avoid being held accountable for her record and is now playing a damaging role in the national debate. "America works because lots of people contribute lots of ideas -- that's good -- even when some of them are just plain wrong. But people need to come to the table in good faith. That's not Sarah Palin. She'll go down in history like ...
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