Recession linked to workers' rights
Dean Baker, co-director of the Center for Economic and Policy Research, writes on the AFL-CIO website about the relationship between the current economic recession and the suppression of workers’ right to organize over the past three decades. As unions have been attacked, wages have stagnated, and economic growth has become increasingly driven by bubbles -- the stock bubble in the 1990s and the housing bubble in the current decade. Baker calls for a return to wage-driven economic growth to pull us out of the recession and put us on a path toward long-term stability.Labels: AFL-CIO, Center for Economic and Policy Research, Dean Baker, labor organizing, recession
AFL-CIO Proposes 5-Point Economic Stimulus Plan
From the AFL-CIO Blog:Unemployment is climbing. The stock market is dropping. The housing boom is bust. Corporate earnings are tanking. The nation’s economy is in the worst shape it’s been in years. Maybe even headed toward recession. Working families are worried.
Today, the AFL-CIO outlined several proposals to
develop a short-term stimulus package that 'offers the
biggest bang for the buck' and began to address the
underlying causes of today's economic anxiety.
Read more...
Labels: AFL-CIO, economic stimulus, recession, taxes