Leo W. Gerard

President’s Perspective

Leo W. Gerard USW International President

The Terrible Fear of Paying the Poor Too Much

The Terrible Fear of Paying the Poor Too Much

Republicans in America suffer a crippling anxiety. It’s the terrible fear of corporations paying poor workers too much.

The GOP is so afraid that the nation’s lowest wage earners will get a raise that Republican politicians across the country are working overtime to outlaw wages above $7.25 an hour for these workers. 

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Taxpayers Subsidize Walmart and America's Richest Family to the Tune of $7.8 Billion Annually

A new report from Americans for Tax Fairness shows that taxpayers in the United States subsidize Walmart and the Walton family, who owns the majority of Walmart stock and is the richest family in the country, by at least $7.8 billion annually. The report, Walmart on Tax Day: How Taxpayers Subsidize America's Biggest Employer and Richest Family, was released in conjunction with tax day, when millions of Americans and small businesses do their civic duty and pay their fair share to support the economy and services critical to many Americans. At the same time, the report shows, taxpayers help pad Walmart and the Walton family's profits.

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Northwestern Players on the Verge of History

Richard L. Trumka

Richard L. Trumka President, AFL-CIO

Northwestern Players on the Verge of History

Football players at Northwestern University will make history this Friday that has nothing to do with yards gained, tackles made or touchdowns scored. They will be the first group of collegiate athletes—athletes who are the key to the $6 billion-a-year big-time college sports industry—to vote on joining a union.

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Economic Policy in a Post-Piketty World

Dean Baker

Dean Baker Co-Director, Author, Center for Economic and Policy Research

Economic Policy in a Post-Piketty World

Thomas Piketty's new book, Capital for the 21st Century, has done a remarkable job of focusing public attention on the growth of inequality in the last three decades and the risk that it will grow further in the decades ahead. Piketty's basic point on this issue is almost too simple for economists to understand: If the rate of return on wealth (r) is greater than the rate of growth (g), then wealth is likely to become ever more concentrated.

This raises the obvious question of what can be done to offset this tendency toward rising inequality? Piketty's answer is that we need a global wealth tax (GWT) to redistribute from the rich to everyone else. That is a reasonable solution if we're just working out the arithmetic in this story, but don't expect many politicians to be running on the GWT platform any time soon.

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Pulling the Curtain on An Anti-Minimum Wage Front Group

Jim Hightower

Jim Hightower Author, Commentator, America’s Number One Populist

Pulling the Curtain on An Anti-Minimum Wage Front Group

In Frank Baum's novel, The Wonderful Wizard of Oz, the "wizard' turns out to be a phony – just an old guy sitting behind a curtain, using his booming voice to spew nonsense in a vain effort to fool people.

But now, a century after Baum's fictional Oz, a real-life incarnation of the phony wizard has been discovered, hiding behind not one, but two curtains. He's recently been booming out his nonsense in full-page newspaper ads that are hyperbolic screeds against economists who favor raising the minimum wage, denouncing them as "radical researchers."

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Wisconsin Gov. Scott Walker's Attacks on Workers Are Bad for Wisconsin Business

Wisconsin Gov. Scott Walker's Attacks on Workers Are Bad for Wisconsin Business

Union Matters

Housing Meanness

Folks who find themselves rich — and getting richer — typically tend to react psychologically in one of two ways. They can either see themselves as incredibly fortunate or incredibly deserving.

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