At the February 17 Western Maine Labor Council meeting, Joel Johnson from the Maine Center for Economic Policy will give a special presentation about the Governor’s budget proposal. If you have followed the news, you know that Governor LePage has proposed sweeping changes to our tax structure that will impact who is paying taxes and how much they are paying. The presentation will last approximately 15 minutes, will include a slide show and handouts, and will be followed by a question and answer period.
Share of Households Earning Middle-Class Income
Income inequality became a hot topic of economic conversation in 2014, and publications like The Atlantic have taken notice. In 17 Things We Learned About the Economy in 2014, the authors explore the growth of low-income jobs, stagnant wages for families and shrinking wages for younger workers, the racial and gender wage gap, taxes and the dwindling middle class.
In January 2014, AFL-CIO President Richard Trumka, responding to the introduction of the latest “Fast Track” legislation, said, “It is past time for the United States to get off the corporate hamster wheel on trade.”
On the issue of trade, investment and global economic rules, America’s workers—and our brothers and sisters overseas—certainly are on a hamster wheel.