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PRO-CON: Will Employee Free-Choice Act help economic recovery? YES

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Omaha Steve Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-07-09 07:42 PM
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PRO-CON: Will Employee Free-Choice Act help economic recovery? YES

http://www.kansascity.com/273/story/1016375.html

Posted on Tue, Feb. 03, 2009 10:15 PM

If Congress intends to rescue all Americans — and not just the banks, hedge funds and insurance companies that got us into this economic crisis — it needs to move quickly to pass the Employee Free Choice Act.

Much of the pain on Main Street stems directly from three decades of wage stagnation and decline, not just the reckless abandon of Wall Street.

In our report “Income and Inequality,” the Americans for Democratic Action shows how over the last decade the wages of 80 percent of American workers fell behind both inflation and the productivity gains their work won for corporate employers.

Passing the Employee Free Choice Act would make it easier for millions of people to join unions and collectively bargain for a fairer share of the profits created by their work.

Why would this stimulate the economy? Union workers earn 30 percent more than their nonunion counterparts, and are more likely to have employer-paid health care and pensions.

Putting more money into the pockets of people who will spend it — who must spend it — is the best, quickest and most basic way to stimulate the economy.

Richard Parker, president of Americans for Democratic Action

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