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Today in Labor History

Dec. 14, 1995
Some 33,000 striking members of the Machinists end a 69-day walkout at Boeing after winning pay and benefit increases and protections against subcontracting some of their work overseas. Union Communication Services

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The Tax Cut and the Pay Increase: Halfway There
Posted On: Jun 20, 2018
June 20, 2018 | ECONOMY | [...] Although there is little doubt that the initial split on the tax cut overwhelmingly benefited shareholders rather than workers, if we take the Republican story seriously, this is not supposed to be how workers would benefit from the tax cut. Workers were to benefit when companies would undertake a massive wave of investment, which would increase productivity, and thereby raise wages. If we want to see whether the Republican story is panning out, we should focus on investment. Six months after the bill was approved by Congress, the picture does not look good… Truthout
 
 
Teamsters Local 992
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