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Today in Labor History
Oct. 20, 1980: Presidential candidate Ronald Reagan writes to PATCO President Robert Poli with this promise: if the union endorses Reagan, "I will take whatever steps are necessary to provide our air traffic controllers with the most modern equipment available and to adjust staff levels and work days so that they are commensurate with achieving a maximum degree of public safety." He got the endorsement. Nine months after the election, he fires the air traffic controllers for engaging in an illegal walkout over staffing levels and working conditions.
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Updated: Oct. 21 (00:43)

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Beware The 'Chained' CPI
Updated On: Dec 18, 2012

Dec. 18, 2012 | The chained CPI is a cut in Social Security Benefits and a "stealth" tax hike. As Republicans in Congress take a hard line in the sand against higher tax rates for millionaires and billionaires, they are demanding a Social Security benefit cut through a lower Cost of Living Adjustment (COLAs). The lower COLA would result from the adoption of a new formula for calculating COLAs called "Chained CPI." What is that and what will it mean for working people, especially middle-and lower-income families? Learn about it here. View explanatory graphic here.


 
 
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