Tag: tax cuts for the wealthy

The State of the American Worker

On this Labor Day, the 122nd Labor Day commemorated as a federal holiday, the state of the American worker is not good.

Over the past few decades, the American worker has had to deal with stagnant wages that haven’t kept up with inflation or increasing productivity, free trade policies that have cost America millions of jobs, union-busting efforts at all levels of government, a lack of true workplace equality, and increasingly rampant income inequality.

The wages of the American worker have been stagnant, while prices of goods and services have risen, and the productivity of the American worker has risen. Simply put, the amount that workers are paid in this country hasn’t kept up with the costs of providing for their families or their own productivity. I support raising the minimum wage to $15 per hour and indexing the minimum wage to productivity, in order to set a minimum wage that values work, instead of valuing a low-wage economy.

The “global trading regime”, as anti-worker U.S. Representative Ron Kind of Wisconsin once described free trade policies, has resulted in the loss of millions of American jobs to foreign countries over the past few decades. Free trade agreements like NAFTA and other free trade policies like Most Favored Nation status for China have resulted in American companies moving jobs to countries like Mexico and China, so that those companies can pay workers low wages. I support repealing free-trade policies and restoring the constitutional ability of the federal government, as outlined in Article I, Section 8, Clause 3 of the U.S. Constitution, to unilaterally set tariffs and other U.S. international trade policies.

Over the past few decades, politicians, most of them Republicans, have tried, both successfully and unsuccessfully, to bust unions and weaken the power of the American worker. Some of the more notable examples of this include the busting of the air traffic controllers’ union by then-President Ronald Reagan in the early 1980’s and Wisconsin Governor Scott Walker stripping collective bargaining rights from Wisconsin public employees four and a half years ago. I strongly support the existence of labor unions and the right of unionized workers to collectively bargain for higher wages, better benefits, and safer working conditions. However, the right-wing wage theft agenda also includes other measures to weaken the power of the American worker, such as repealing prevailing wage laws. I strongly support prevailing wage laws and other laws designed to protect the American worker.

The American workplace is still far from equal. Working women are, on average, still paid considerably less than working men, and unemployment rates for black and Hispanic workers are still considerably higher than those for white workers. Even worse, many employers are still discriminating in their hiring practices based on race, gender, sexual orientation, and, believe it or not, military service. I strongly support strengthening equal pay for equal work laws and prohibiting all forms of workplace discrimination.

Over the past few decades, income inequality has become one of the most serious issues facing our country. The top 1% of income-earners in this country now control nearly half of the nation’s wealth, while the middle class is being destroyed, and more and more people are entering the ranks of the poor. Government policies like tax cuts for the wealthy and corporate welfare for large corporations and major sports teams are major reasons why income inequality has become a serious issues in this country. I support raising the federal income tax rate on those who make over one billion dollars per year to 70% and eliminating federal income taxes on those who make less than $25,000 per year.

Because of the weakening of labor unions, corporate greed, and government policies that bust unions and encourage corporate greed, the state of the American worker is not good. However, enacting more progressive policies when it comes to the minimum wage, workers’ rights, international trade, workplace equality, and wealth distribution, we can rebuild America’s middle class, lift millions of Americans out of poverty, and make the American worker better off!

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Bloomberg News gives Scott Walker a lump of coal for Christmas

All right, Bloomberg News didn’t literally give Republican Wisconsin Governor Scott Walker a lump of coal for Christmas, but they did figuratively give Walker a lump of coal for Christmas in the form of this article about how Walker, who is a likely Republican presidential nomination candidate in 2016, and his Republican allies in the Wisconsin State Legislature have wrecked Wisconsin’s economy:

Wisconsin Governor Scott Walker has his eye on the Republican presidential nomination in 2016, and as he tries to boost his national poll numbers, there are numbers at home that also bear watching — his state’s finances.

Tax cuts and Medicaid spending are contributing to a projected budget deficit that may reach $2.2 billion in the two-year period starting in July 2015, according to his administration’s analysts. While Walker aides call the projections premature, Democrats say the figures prove the governor’s policies — especially income and property-tax reductions — turned a $517 million surplus at the end of June into a shortfall.

Tax collections and decisions by Walker and the Republican-controlled legislature will determine the size of the deficit. Yet the swing to a shortfall limits Wisconsin’s financial choices as the governor prepares his February budget presentation. Last week, he called for more property-tax cuts.

What they’ve opted to do is a policy choice of cutting taxes,” said Gabriel Petek, an analyst at Standard & Poor’s in San Francisco. “They’ve changed the fiscal trajectory of the state that had been on course for higher reserves.”

(emphasis mine)

Obviously, Scott Walker deserves at least a figurative lump of coal for Christmas. That’s because his policies of cutting taxes for the wealthy, implementing a statewide school voucher program in Wisconsin, and handing out corporate welfare to his campaign donors have completely wrecked Wisconsin’s economy, finances, and business climate. Despite the fact that Walker’s policies of cutting taxes and spending money on bad policy that only benefits the politically connected have clearly wrecked Wisconsin’s reputation, Walker wants to hand out even more tax cuts to the wealthy. That’s absurd, since cutting taxes does absolutely nothing to reduce or eliminate a budget deficit, in fact, cutting taxes makes budget deficits even worse.