Word: laborators
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...debates took over. This is not to suggest that people have completely forgotten Waxman-Markey. Power companies and other opponents of the bill have quietly continued to lobby for lower restrictions and decreased stringency in the proposed cap-and-trade system. An op-ed in the Philadelphia Inquirer over Labor Day lambasted the bill for the supposed job losses it would cause in Pennsylvania. The day after, the editor of Fabricating and Metalworking criticized congress for Waxman-Markey’s hidden taxes. In the face of this opposition—and opponents’ misconceptions—advocates...
Many Republicans, not surprisingly, don't see it that way. "This bill is a massive expansion of the Federal Government, pure and simple," says Alexa Marrero, spokeswoman for Congressman John Kline, the ranking Republican member of the House Education and Labor Committee. (See TIME's special report on paying for college...
That brings us to lesson No. 2. In the early 1930s, powerful voices at the Treasury and Federal Reserve argued that the deep pain of financial crisis was a necessary economic corrective. "Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate," Treasury Secretary Andrew Mellon advised President Herbert Hoover. "It will purge the rottenness out of the system." Late last year, you could hear a few people arguing this case on CNBC and even on the floor of the House of Representatives. But after Lehman's failure, no one at Treasury or the Fed talked that way. Instead...
...word immigration doesn't appear in the DPJ's platform - the subject remains a touchy one for insular Japan. But the party has a plan to allow more foreign workers into the country to help offset the shrinking labor pool. DPJ lawmakers also want to improve the lives of younger Japanese workers by curbing the hiring of temporary workers by manufacturers, a widespread practice that over the last decade or so has relegated many youth to second-class-citizen status. While older workers hang on to the best jobs, younger workers stuck in temp positions are denied many company...
Disillusioned liberals, take heart. On Labor Day, President Barack Obama appointed Ron Bloom—former United Steel Workers executive who has devoted much of his career to promoting worker ownership of the means of production—as his manufacturing czar. Then again, this is the same Ron Bloom who holds a Harvard MBA and once served as an executive vice president of the investment bank Lazard Freres & Co. And no, he sees no contradiction between his business career and his pro-worker activism...