A project of the Labor Institute to reverse runaway income and wealth inequality.
California governor Gavin Newsom signed the bill into law on October 2, allowing city and county governments to set up publicly owned banks to accept tax and other revenue and fund infrastructure and other programs with lower costs than those offered by commercial banks. You can read the story in the Guardian here..
Sponsored by We The People Westchester, led by Joe Mayhew.
The Business Roundtable was formed in 1972 with the goal of undermining New Deal-forged worker rights and corporate regulation by the federal government. The Roundtable worked to weaken antitrust regulations, undermine labor protections and stopped Ralph Nader’s attempt to create a consumer protection agency in 1977. This was a group of hundreds of the country’s … Read more
You can read her ideas and plans here. Key quote: Here’s the problem with the belief that helping Wall Street always helps the economy: it isn’t true. In recent decades, Wall Street has grown bigger and financial sector profits have gone from 10% to 25% of total corporate profits, but everyone else in America has lived through … Read more
Child care is expensive because good child care employs a high ratio of caregivers to children. That’s good for children but a problem for working people earning on the low end (and even the middle) of the wage scale. The Economic Policy Institute took a look at child care costs and found that infant care … Read more
The AFL-CIO Paywatch program keeps an eye on the executive compensation figures public corporations are required to report thanks to the Dodd Frank Wall Street Reform and Consumer Protection Act of 2010. That’s information companies didn’t want to report, and a closer look shows why. Read it here. A few takeaways: In the past 10 … Read more
The People’s Policy Project is a think tank run by Matt Breunig, who previously worked as a lawyer for the National Labor Relations Board and as a policy analyst at the Demos Think Tank. The 3P, as they refer to themselves, took a look at the recent Federal Reserve report that tracks the distribution of … Read more
RUNAWAY INEQUALITY—This is the most pressing issue that affects all working people and the poor. After World War II the US emerged as a super power because its economy built up a strong middle class. The system at that time saw the height of union involvement so workers could negotiate with business for improved wages … Read more
More than 550 people have signed up to be Runaway Inequality trainers, helping us organize local training sessions across the country. See where they live! (Right click and click Show Image in New Tab for a bigger version.)
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.92″ background_layout=”light”] We’ve made a Google form so you can easily report to us about your upcoming or past Runaway Inequality event. We want to add these to our new Events calendar, to help people find out about talks and trainings that are coming up, and to learn about events that occurred … Read more