Economy

Wanted – A NAFTA and Trade Policy That Help Unrig the Economy Against Working Families

The Lamb-Saccone race in Western Pennsylvania upped the pressure on policymakers of both major political parties on trade. It expands the opportunity for progressives and progressive lawmakers to articulate and advocate for a fundamental change in U.S. trade policy in NAFTA renegotiations.

For the Trump Administration, the special election suggested that some working families are no longer willing to take the President’s word for it that he’s in their corner. That’s hardly a surprise given that the President’s actions so far have rigged the economy further against working families, the opposite of what he promised to do. That’s why some Trump voters have “buyer’s remorse” already.

Key Sources on the Value of Unions and the Importance of Protecting Workers' Real Freedom to Join Together

Today is a little like Labor Day except with a twist: because of oral arguments today in the Supreme Court on the Janus case, editorial boards, the media, social media, and the public are all focused on workers  in this case on their freedom to join together into unions.

Given the widespread interest, here are some links new and old on unions.
 
A "two-pager" on the value of unions that draws heavily from this longer piece by the Economic Policy Institute published last year.
 
A new report by the Economic Policy Institute that documents the orchestrated, decades-old funding by right-wing individuals, foundations, and non-profits that led up to the Janus case. Today's New York Times story appears to draw heavily from the new EPI report althought it does not reference it.

On President Trump's Infrastructure Proposal

The president has put forward a "plan" for infrastructure spending that identifies no new source of funding, that makes unbelievable assumptions about how much state and private spending can be leveraged by a limited amount of new federal spending and that proposes an end-around of environmental regulations in the guise of streamlining those regulations. 

In response to deep and long ignored needs in Pennsylvania and throughout the country for upgrading our roads, bridges, transit systems, airports and water and sewer works - needs that should be met by new investments that could create tens of thousands good jobs - the president has offered a glittering fantasy with little of the substance necessary to meet those needs. 

The GOP-Backed Tax Bill: A Lose-Now, Lose-More-Later Plan for Low- and Middle-Income Americans

GOP-backed tax bills have passed both the House and the Senate. Many of us have already seen charts which show how, under these plans, low and middle-income families will eventually see their taxes raised (by 2027), while the top 1% sees huge savings (see, for example, the chart below showing the Senate bill’s impact on Pennsylvania). What hasn’t been discussed as much is that these bills are step one in a two-part process, designed to severely cut critical government programs.

For PA and U.S. Manufacturing to Flourish, Policymakers Need to Be Beholden to Some Different Defunct Economists

This past Tuesday, Keystone Research Center co-sponsored “Manufacturing a Better Paying Pennsylvania” with the D.C.-based Century Foundation, the Steel Valley Authority, and others. The event laid out the case for the U.S. and Pennsylvania to implement comprehensive strategies for growing high-wage manufacturing. This Pittsburgh Post-Gazette op ed lays out the basic argument.

Rigging the Economy to Further Benefit the 1% -- the Pennsylvania Numbers

Last Friday, we got the first national estimates of who benefits from the Trump Tax plan -- the "Unified Code for Rigging Our Tax Code Further to Benefit the 1%." While that's not the official title, it's more accurate than the Trump Administration name -- "the Unified Framework for Fixing Our Broken Tax Code." Last week's analysis by the Tax Policy Center showed that, by 2027 (Table 3 in the Center's report), 80% of the benefits would go to the top 1%, an increase from 53% in 2018 (Table

State of Working Pennsylvania 2017

On Thursday we released the 22nd edition of the State of Working Pennsylvania in which we review the current state of the economy with an eye towards changes in the standard of living for working families in the commonwealth. One of the new pieces of information we present in this year’s report, with the help of the crack staff at the Economic Policy Institute, is the median wage for full-time full-year workers in Pennsylvania since 1968.

A Victory for Seattle "For-Hire" Drivers...and for the Next Labor Movement

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One regular theme on this blog is that area-wide unions that lift wages and benefits in industries that cannot relocate are the main way we're going to fix our income distribution and — thanks to the political power of such area-wide unions once they represent tens of millions — fix our democracy.

Yes! Millennials SHOULD Lead the Next Labor Movement

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Kashana Cauley, a writer for "The Daily Show With Trevor Noah," published a column yesterday, "Why Millennials Should Lead the Next Labor Movement," to which I say "hallelujah."
 
Since Keystone Research Center began operating in December 1995, we have argued that the main answer to economic inequality is labor unions that fit the industries and jobs of today and the future.

Attacks on Public Sector Workers Hurt Working People and Benefit the Rich

Republican lawmakers in the Pennsylvania House and Senate continue to promote bills that would reduce the power of public sector unions by undercutting them financially. These bills would make it harder or illegal to collect some current contributions to unions (e.g., from non-members who enjoy higher wages and benefits and workplace representation from public sector unions).

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