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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. 20 (12:43)

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The Wealthy Aren't Job Creators, Middle Class Workers Are
Posted On: Jun 12, 2013

June 12, 2013 | JOBS & THE ECONOMY | On Thursday, entrepreneur and self-described one-percenter Nick Hanauer warned Congress that rich people like him aren't the engines of the economy. In testimony before the Senate Banking Committee, he explained why, in fact, middle-class workers are the economy's real job creators: "…As an entrepreneur and investor, I have started or helped start, dozens of businesses and initially hired lots of people. But if no one could have afforded to buy what we had to sell, my businesses would all have failed and all those jobs would have evaporated." Indeed. Read the full story here.


 
 
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