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AFL-CIO Urges Navient To Do Business Legally

Richard_Trumka

Institutional investor draws attention to company’s alleged abuse of student loan borrowers

(Washington, D.C.) AFL-CIO President Richard Trumka sent a letter to Navient yesterday questioning whether the mammoth student loan servicer has the necessary internal controls to prevent it from violating the law and losing lucrative government contracts.

“As a long-term institutional investor in Navient and its predecessor Sallie Mae, the AFL-CIO has a profound interest in the company’s performance. We are concerned by Navient’s alleged legal violations involving student loan borrowers. Since government investigations are still ongoing, we are asking those responsible for keeping Navient on the right side of the law to discuss our concerns as soon as possible,” said AFL-CIO President Richard Trumka.

Over the past year, Navient has had legal troubles involving their treatment of military members. In May, it was part of a settlement that agreed to pay $97 million over allegations from the Department of Justice and the FDIC that it overcharged 60,000 active duty military members on their student loans and that it mishandled their payments to maximize late fees in violation of the Servicemembers Civil Relief Act. The Consumer Financial Protection Bureau is also investigating the company’s servicing practices and the Department of Education is reviewing whether the company breached its contract.

“While the men and women of our armed forces were protecting our country, Navient mishandled their loan payments. These types of business practices are unacceptable,” added James Gilbert, Director of the AFL-CIO’s Union Veterans Council and a veteran of the US Navy.

“Navient’s alleged servicing violations are significantly harming its reputation and are jeopardizing its role as a government contractor,” said Heather Slavkin Corzo, Director of the AFL-CIO’s Office of Investment. “Taking financial advantage of soldiers is horrifyingly wrong. The allegations that Navient failed to comply with regulations, if true, pose a real risk to the larger business.”

A copy of the letter can be found at the link below:https://docs.google.com/file/d/0B7WDMtzVyAYQSVpjNDBZNVhDYzQ/edit

Statement by AFL-CIO President Richard Trumka On Immigration Accountability Executive Action

Immigration rally Nashua 4-6-13 (credit Arnie Alpert)

Today is an important step toward rational and humane enforcement of immigration law. On behalf of America’s workers, we applaud the Administration’s willingness to act.  We have been calling upon the White House to halt unnecessary deportations since Spring 2013 because our broken immigration system is an invitation for employer manipulation and abuse, and U.S.-born workers as well as immigrant workers are paying the price.

By extending relief and work authorization to an estimated 4 million people, the Obama Administration will help prevent unscrupulous employers from using unprotected workers to drive down wages and conditions for all workers in our country.  Although this fix will be temporary, it will allow millions of people to live and work without fear, and afford them the status to assert their rights on the job.

The Administration is operating within its authority to advance the moral and economic interests of our country, and while we stand ready to defend this program, we must also be clear that it is only a first step.  Unfortunately, more than half of those who currently lack legal protections will remain vulnerable to wage theft, retaliation, and other forms of exploitation.

In addition, we are concerned by the President’s concession to corporate demands for even greater access to temporary visas that will allow the continued suppression of wages in the tech sector.  We will actively engage in the rulemaking process to ensure that new workers will be hired based on real labor market need and afforded full rights and protections.

But this announcement does move us forward – progress that is attributable to the courage and determination of immigrants who rallied, petitioned, fasted and blocked streets to make it happen.  Implementation of the executive action should begin immediately, before further delays open the door for legislative obstruction. Starting tomorrow, the administration should focus enforcement attention on high level targets, stop the community raids and leave workers, grandmothers, and schoolchildren in peace.

Going forward, we renew our call for comprehensive reform that provides a path to citizenship and real protections for workers.  We will continue to stand with all workers, regardless of status, to ensure that their voices are heard and their rights are protected.  Working together, we know that we will ultimately achieve a more just immigration system that promotes shared prosperity and respects the dignity of all workers.

Worker Wins Update: Workers Organize to Create New Jobs, Secure Scheduling Reform

Stand Up Live Better WalMart

WASHINGTON, DC– Workers across the country have stood up in the past month to fight for better wages and working conditions.

The following are a sample of victories won by workers:

Organizing and Community Victories

Walmart Workers Stage Nationwide Black Friday Protests: Walmart workers were joined by unions and community allies in staging approximately 1,600 protests against the corporation’s low wages and hostile work environments on Black Friday. This is the third year in a row that workers have staged Black Friday protests, with this year’s being the biggest yet.

Workers Fight for $15: Workers in a diverse set of sectors, from airline workers to retail employees, joined fast food workers in a nationwide strike across 190 cities. Workers spoke out for a $15 minimum wage and the right to organize for better working conditions and workplace fairness.

Boston Bike Share Workers Vote to Unionize: Employees of Hubway, a Boston-based bike share company, voted overwhelmingly to join Transport Workers Union Local 100. The workers, including mechanics, technicians, and dispatchers, are part of a national campaign to organize bike share workers.

Workers Defy Anti-Union Efforts, Vote to Organize: Approximately 150 workers at an Alabama copper parts plant voted to organize as members of the United Steelworkers after extensive efforts by Governor Robert Bentley to dissuade workers from unionizing.

Nurses and Hospital Workers Establish Union at Two Connecticut Hospitals: Nearly 1,000 radiology technologists, respiratory clinicians, and nurses have voted to form unions at two hospitals in Connecticut. The workers will be represented by AFT Connecticut and had filed a complaint with the National Labor Relations Board after hospital administrators attempted to halt efforts by intimidating workers.

Boston Parking Attendants Look to Expand Organizing Efforts: Parking attendants in Boston are working to organize approximately 1,600 workers in the Boston area in an attempt to improve working conditions and substandard pay. Parking workers have won contracts with five parking companies in the Boston area over the last two years, and aim to organize at least three additional companies in the area.

Pittsburgh Workers Making Gains: Efforts by workers in the Pittsburgh area have resulted in successful organizing drives at the University of Pittsburgh Medical Center, Rivers Casino, local universities and downtown offices. Currently, local unions are in the process of organizing roughly 1,000 security guards throughout the greater Pittsburgh area.

Los Angeles Workers Come to Agreement, Create Jobs: Approximately 250 new manufacturing jobs will be created in Los Angeles thanks to the efforts of workers negotiating with business and government interests. The workers at a facility, which will be producing light rail trains, will now be free to decide on whether to join a union thanks to a neutrality agreement negotiated by IBEW Local 11.

San Francisco Workers Win Critical Scheduling Reforms: The San Francisco Board of Supervisors unanimously approved legislation that would require retailers with 20 or more locations that employ more than 20 people to give two weeks’ notice for any change in a worker’s schedule. This legislation will assist those working low-wage jobs with unpredictable schedules, such as single mothers and fathers, obtain certainty with their expected hours worked.

Facebook Bus Drivers Organize in San Francisco: Over eighty bus drivers employed by Facebook voted to organize as part of a growing effort in Silicon Valley’s tech sector to win better wages and benefits for low wage workers.

 

AFL-CIO and AFT Oppose The Wall Street Giveaways In House Spending Bill

wall street bull

wall street bull

The Wall Street gamblers are up to their underhanded tricks once again, and they are using their Congressional puppets to do their bidding.  Tonight Republican lawmakers tried to roll back provisions in the Dodd-Frank Wall Street Reform Act regarding derivative trading.

“The provision that’s about to be repealed requires banks to keep separate a key part of their risky Wall Street speculation so that there’s no government insurance for that part of their business,”  Senator Elizabeth Warren stated on the floor of the Senate. “We all need to stand and fight this giveaway to the most powerful banks in the country.”

Wall Street Gamblers used taxpayer insured derivatives to nearly break our economy and sent us into the worst economic recession since the Great Depression.

“This giveaway to Wall Street would open the door to future bailouts funded by American taxpayers,” said Ohio Senator Sherrod Brown. “It has been just six years since risky financial practices put our economy on the brink of collapse. This provision, originally written by lobbyists, has no place in a must-pass spending bill.”

AFL-CIO President Richard Trumka released the following statement:

At the request of too-big-to-fail banks, the Republican leadership is trying to sneak a provision into a last-minute deal to fund the government that will make it easier for too-big-to-fail banks to put taxpayers on the hook for their risky speculation in toxic derivatives.

We call on members of Congress of both parties who are opposed to too-big-to-fail to stand up to Wall Street and to this harmful roll-back of a critical anti-bailout provision in the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Dodd-Frank forced too-big-to-fail banks to move potentially toxic speculation in derivatives out of their government-insured banks. Wall Street’s friends in Congress are trying to once again put the public on the hook for the most dangerous aspects of the financial system.

Working people were profoundly harmed by the 2008 financial crisis and its continuing aftermath of mass unemployment, falling wages, the mass eviction of working people from their homes, and reduced public investment.  Derivatives were at the center of the crisis – turning a painful decline in home prices into an international financial crisis that still plagues our economy.

The AFL-CIO strongly opposes efforts to make it easier for too-big-to-fail banks to use taxpayer-backed funds to make risky bets in the derivatives markets.

Randi Weingarten, President of the American Federation of Teachers vehemently opposed rolling back Wall Street reforms.

“It’s unconscionable that Republicans would take a bill to keep the government open and sneak into it a provision that enables Wall Street to do the same kind of gambling that crashed our economy, required billions in taxpayer bailouts and devastated working people,” said Weingarten. “Why would anyone, instead of helping the middle class with policies that will promote shared prosperity, continue to aid and abet the rich and powerful banks with giveaways that crashed the financial system less than a decade ago? Working people are counting on Congress to do the right thing and reject this gift to Wall Street.”

As you have already heard, the spending bill — including the Wall Street roll-backs — passed the House and is now in the Senate.  If they do not pass it by midnight tonight the government will run out of funding and be forced into yet another shutdown.

Will the Senate strike the provision and send the bill back to the House? Will the Senate pass the spending bill with the Wall Street roll-backs?  If the Senate passes the bill will the President veto bill knowing that it could lead to another government shutdown?

By 1 am on Friday morning all of my questions will be answered.

 

Below is Elizabeth Warren’s entire speech to the Senate floor, it is worth your time.

Senator Liz Warren To Keynote AFL-CIO Summit On Wages

Senator Elizabeth liz Warren

Major Event to Launch Bold Year of Action

(Washington, D.C.) – The AFL-CIO announced today that Senator Elizabeth Warren will deliver the keynote address during the first-ever National Summit on Wages next month. On January 7, 2015, at Gallaudet University in Washington, D.C., Senator Warren will headline a vibrant mix of contributors to the summit that will lay claim to a bold progressive strategy immediately as the New Year opens.

“Elizabeth Warren is a true champion of working people with the right vision and leadership to keynote this critical summit,” AFL-CIO President Trumka said. “Senator Warren knows how to protect Main Street from Wall Street, fight for jobs and rebuild the American Dream. She has a defined set of values and unlike many politicians, she actually sticks by those and fights to implement them. That’s exactly what this summit is all about.”

Announced last month, the summit will be an extended, eclectic discussion about policies and strategies to raise wages in America, including significant interaction with a planned audience of more than 300. The focus will be solving the dilemma of income inequality by raising wages throughout America.

“Hardworking people across the country deserve to earn fair and decent wages so they can build a better future for themselves and for their kids,” said Senator Warren. “The AFL-CIO’s National Summit on Wages will give us a chance to ramp up our efforts to grow opportunities for America’s working families and strengthen our middle class.”

The urgent need for the Summit was reinforced on November 4.  On Election Day, voters made clear their support for raising wages, even as they rejected candidates who wouldn’t boldly stand up for that agenda.

Further details about the Summit will be announced later this month.

Statement By AFL-CIO Pres. Trumka On OUR Walmart Black Friday Protests

Image via WikiCommon

www.BlackFridayProtests.org

As the Walton family indulges in their own Thanksgiving meal, many Walmart workers who help keep them rich can’t afford food for their families. On Black Friday, the entire labor movement will proudly stand with the brave workers at Walmart as they lead the largest mobilization to date for better wages and schedules. Their courage is inspiring and powerful in the fight for all workers.

The low-down, low-cost, low-wage, low-road Walmart model is wrecking America, causing real pain for workers, and it’s wrong. In an economy where too many people who work still can’t make ends meet, it’s the economic and moral responsibility of businesses to step up. Walmart can continue its dangerous business model or it can lead the way to family-sustaining jobs.

The Walton family is worth $150 billion, but that isn’t enough to silence working people or keep us from fighting for what’s right. Local labor movements across the country join with community groups and allies to amplify Walmart workers’ call for the company to publicly commit to $15 an hour and full-time, consistent hours. There comes a time when we’ve got to stand for justice, for good pay, for good jobs, for our future, for our families and for each other. And that time is now, so all Americans can have a Happy Thanksgiving.

AFL-CIO Seeks End to “Revolving Door” Payments

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Large financial institutions give bonuses to their employees for taking jobs in government.

(Washington DC) AFL-CIO President Richard Trumka today sent letters to seven large Wall Street banks calling for the banks to explain questionable compensation practices. Each bank (Morgan Stanley, Citigroup, Goldman Sachs, JP Morgan Chase, Bank of America, Wells Fargo and Lazard) provides the opportunity for additional compensation to employees who leave the bank to work for the government.

As an institutional investor, the AFL-CIO has called on each bank’s compensation committee to offer a detailed explanation of how bankers leaving their company to enter government service benefits their old employer.

“When senior executives leave Wall Street companies to work in the government, that means the loss of valuable human capital,” said Heather Slavkin Corzo, Director of the AFL-CIO’s Office of Investment. “So how is it in the interest of shareholders to allow for accelerated vesting or other incentives in exchange for leaving the company?  Unless the position of these companies is that this is just a backdoor way to pay off a newly minted government official to act in Wall Street’s private interests rather than the public interest, it is very difficult to see how these policies promote long-term shareholder value.”

Copies of the letter can be found at the links below:

Morgan Stanley:
https://drive.google.com/file/d/0B7WDMtzVyAYQZkZFTTlWWE1JN0U/view?usp=sharing

Citigroup:
https://drive.google.com/file/d/0B7WDMtzVyAYQQXJDVkZLM0pTckk/view?usp=sharing

Goldman Sachs:
https://drive.google.com/file/d/0B7WDMtzVyAYQbEJETHNObkRDSWs/view?usp=sharing

JP Morgan Chase:
https://drive.google.com/file/d/0B7WDMtzVyAYQZF9BOXFSV2NLSkE/view?usp=sharing

Bank of America:
https://drive.google.com/file/d/0B7WDMtzVyAYQdm5lanFzWkRNWlE/view?usp=sharing

Wells Fargo:
https://drive.google.com/file/d/0B7WDMtzVyAYQNHVSTVEyajY1REE/view?usp=sharing

Lazard:
https://drive.google.com/file/d/0B7WDMtzVyAYQMlFkRXc3SmRaYVE/view

 

President Obama To Address The Nation On Immigration, Republicans Threaten Shutdown

Image by Chuck Kennedy (Official White House photo) CC FLKR
Image by Chuck Kennedy (Official White House photo) CC FLKR

Image by Chuck Kennedy (Official White House photo) CC FLKR

Today is the day that millions of aspiring Americans have been waiting for. The day when President Obama stands up to Congress and states clearly that if they will not do something to pass meaningful immigration reform then he will do what he can through executive orders.

It was announced last night that the President would make a prime-time address announcing his plans to stop the deportations of millions of aspiring Americans seeking citizenship. He will also stop the ripping apart of families, by stopping the deportation of the parents of children who are legal US Citizens.

A group of immigration lawyers from across the country sent a letter to President Obama citing his legal authority to defer deportations through executive actions.

“Our letter confirms that the administration has specific legal authority to use prosecutorial discretion as a tool for protecting an individual or group from deportation,” said Shoba Sivaprasad Wadhia, Samuel Weiss Faculty Scholar at Penn State Law. “This legal authority served as foundation for prosecutorial discretion policy across several administrations. Historically, this policy has been premised on the twin policy goals of managing limited resources and shielding people with compelling situations from removal.”

“This letter reflects a clear, broad, and informed consensus on two key points,” said Hiroshi Motomura, Susan Westerberg Prager Professor at UCLA School of Law. “First, the president has the legal authority, exercising his discretion as the nation’s top immigration prosecutor, to establish enforcement priorities. Second, the president’s lawful discretion includes the authority to set up an orderly system, modeled on DACA (Deferred Action for Childhood Arrivals), for granting temporary relief from deportation.”

“It is well established that the President has the legal authority to end this crisis by granting temporary relief to a broad class of workers,” said AFL-CIO President Richard Trumka. “It is also equally established that current enforcement of immigration law is at odds with our American vision of a just society and our values of family, hard work and fairness.”

President Obama’s Executive Order would protect nearly 5 million people currently residing in the United States.

Of course the Republicans were quick to respond to the announcement with more threats to harm real Americans if the President takes action without Congress.

“If ‘Emperor Obama’ ignores the American people and announces an amnesty plan that he himself has said over and over again exceeds his Constitutional authority, he will cement his legacy of lawlessness and ruin the chances for Congressional action on this issue — and many others,” said Boehner spokesman Michael Steel.

Senator Marco Rubio who once championed immigration reform in the Senate now is hints of a government shutdown if the President takes executive action on Immigration.

The Des Moines Register reported that Rep Steven King wants to tie executive action on immigration to funding the government.

“If the president wields his pen and commits that unconstitutional act to legalize millions, I think that becomes something that is nearly political nuclear …,” King said. “I think the public would be mobilized and galvanized and that changes the dynamic of any continuing resolution and how we might deal with that.”

King said if that happens, House-passed legislation on border security, including rolling back the Deferred Action for Childhood Arrivals, or DACA, order, “becomes a requirement” for a continuing resolution.

Over the last six months conservative pundits has indicated that President Obama’s threat to defer action on deportations is unlawful and would warrant everything from a government shutdown to all out impeachment.

The irony of this is that Republicans have already forgotten that their hero, President Ronald Regan, took similar action to provide amnesty to over 3 million undocumented residents.

“The Immigration Reform and Control Act (IRCA) gave up to 3 million unauthorized immigrants a path to legalization if they had been “continuously” present in the U.S. since January 1, 1982 (The Hill).

The IRCA was not without issues, forcing the government to deport the immediate family members of those who were covered under the new order.

President George H.W. Bush followed up the IRCA with a “family fairness” policy that would close the loophole in the IRCA in turn protecting another 1.5 million aspiring Americans. The combination of the “family fairness” policy and President Reagan’s executive action provided amnesty to over 40% of the undocumented population living in the United States.

President Obama’s proposal to some seems extreme, however it would cover approximately 40% of the undocumented population currently residing in the United States.

The battle is set to begin tonight as President Obama lays out his plan to help millions of aspiring Americans.

The current government funding extension will expire on December 11th and we will have to wait to see if the Republicans will harm millions of Americans in their opposition to the President by completely shutting down the government.

 

Related Articles:

When Reagan and GHW Bush took bold executive action on immigration.

The American Immigration Council And The AFL-CIO Push For An Executive Order On Immigration

Obama’s Immigration Plan Could Shield Four Million

AFL-CIO Summit Focused On Real-World Job Skills And Economic Prosperity

Vice-President-Joe-Biden-to-Deliver-Remarks-for-AFL-CIO-AFT-Career-and-Technical-Education-Summit_blog_post_fullWidth

Career and Technical Education/Workforce Development Summit Focuses on Effective Pathways to Graduation, Real-World Job Skills, Economic Prosperity

Vice-President-Joe-Biden-to-Deliver-Remarks-for-AFL-CIO-AFT-Career-and-Technical-Education-Summit_blog_post_fullWidthWASHINGTON—Career and technical education and workforce development create multiple pathways to high school and higher education graduation, real-world job skills and economic prosperity, speakers including Vice President Joe Biden said today at the first Career and Technical Education/Workforce Development Summit. It was co-hosted by the American Federation of Teachers and the AFL-CIO.

Vice President Biden said school-employer partnerships provide a path to a middle- class life. “These partnerships provide a seamless transition so folks can go from a classroom to a job, and from job to job within the industry they’re in,” he said, adding, “We have to maintain and enhance our workforce so we have the most sophisticated, best-trained workforce in the world.”

Summit speakers emphasized that today’s CTE programs are very different from yesterday’s vocational education programs. CTE has been reimagined to bring together all the players needed to make it succeed—students, teachers, businesses and other employers, and higher education institutions.

“CTE has the promise and potential to help equip a new generation of workers with the skills and knowledge needed for the jobs of today and tomorrow, and to forge a new path to college and life,” said AFT President Randi Weingarten. “It’s a way for our high schools, community colleges and other higher education institutions, and businesses to coordinate and align so they can create and sustain good, middle-class jobs.”

AFL-CIO President Richard Trumka said short-term challenges are flat wages and lack of jobs, while the long-term goal must be to regain America’s competitive edge.

“Workforce development won’t be a cure-all, but it is a necessary ingredient. What we need is a full, comprehensive system for lifelong learning. I’m talking about everything from high school programs to community colleges to apprenticeship programs to on-the-job learning. We all benefit when workers develop transferrable skills, so we can move among employers if we want and grow as professionals throughout our working lives,” Trumka said.

AFL-CIO Secretary-Treasurer Liz Shuler said CTE and workforce development are a fundamental part of America’s infrastructure. “It’s as basic to our economy and our communities as building roads and bridges. In fact, workforce development is a bridge—a bridge to our future, to the workers, jobs and technology of tomorrow, to our success as individuals and industries, and to our competitiveness as a nation.”

Alexis Smith is a graduate of the Toledo Technology Academy and now studying biomedical engineering at the University of Toledo.

“My experience at Toledo Tech opened up the doors of opportunity for me to delve into my passion,” Smith said. Of other former and current CTE students speaking at the summit, she said, “We are Exhibit ‘A’ for the power of CTE to engage us in our studies, to help us secure a bright future and to have fun at the same time.”

Among the corporate leaders at the summit validating the importance of CTE programs was Snap-on Inc. Chairman and CEO Nicholas Pinchuk.

“We are in a global competition for jobs,” Pinchuk said. “The single best weapon is CTE. We need to outskill the competition.”

Weingarten noted that for CTE to fulfill its potential, more businesses need to partner with educators and schools to offer a path forward for students with internships, apprenticeships and employment opportunities. This was reinforced in a survey of 570 CTE teachers that the AFT released today.

The teachers uniformly believe in CTE as a way to create opportunity for kids, but said they need the equipment and resources to make the work real and need more partners in business and the community to step up.

“Understanding the realities of the workplace and learning how to apply skills can only improve a student’s chance of success after high school,” a New York teacher said in the survey. A Michigan teacher wrote: “I have seen CTE classes, and the skills learned in them change students’ lives. They give many unmotivated students a reason to perform better in school, and they give many motivated students access to forms of expression and outlets they wouldn’t otherwise have.”

Weingarten noted the summit took place just a few days after the polarizing midterm elections. “CTE is a strategy that both Republicans and Democrats believe in and can agree on, so I have great hope that we can move this agenda in Washington, D.C.”

AFL-CIO Releases An Election Night Survey Of What Union Members Were Voting On

AFL-CIO Survey Cover

AFL-CIO Survey CoverFROM HART RESEARCH ASSOCIATES Election Night Voter Survey of 803 general election voters in  11 Senate battleground states. The 11 States surveyed are as follows: Alaska, Arkansas, Colorado, Georgia, Iowa, Kansas, Kentucky, Louisiana, Michigan, North Carolina, New Hampshire  For a link to survey highlights visit: http://bit.ly/1s5rhMa

  • This election was about the economy: Asked to choose one or two priorities from a broad list, economic issues such as “the economy and jobs (42),” “Healthcare” (29), “Social Security” (18), and “Government spending and the deficit” trumped “Terrorism and national security” (17) and Taxes (11).
  • Raising wages is good for workers and the economy:  68% of voters said that “raising wages and salaries is good because it improves people’s standard of living and boosts the economy by putting money in people’s pockets.” Voters supported “raising the federal minimum wage to ten dollars and ten cents per hour” by 62-34%.
  • Congress and the president must invest in key economic priorities: The electorate’s economic focus is underscored by the answer to this question: “Which one of the following do you think should be the higher priority for the president and Congress right now–(A) reducing taxes on businesses and individuals or (B) investing in key priorities like education, healthcare, and job creation?” “Investing in key priorities” (67%) dominated “Reducing taxes.” (29%)
  • The 2014 electorate remains deeply pessimistic about Republicans in Congress and whether they can fix the economy: Asked “Do you think that Republicans in Congress have a clear plan for strengthening the economy and creating jobs?,” only 29% of the electorate said yes, while 62% said no.
  • The electorate is struggling economically: 54% say their income is falling behind the cost of living while only 8% say that there income is going up faster than cost of living.  33% say their income is staying about even with the cost of living.
  • Voters “feel that corporations had too much influence over this year’s elections” (62%): whereas only 5% said corporate influence was “too little.”

Along the same lines, 55% strongly agree with the statement that “politicians from both the Democratic and Republican parties do too much to support Wall Street financial interests and not enough to help average Americans, while 25% somewhat agree, and only 13% disagree (only 4% strongly).

  • Empowered union members supported working family candidates: While the non-union electorate voted 6% more for Republicans than Democrats, union voters preferred Democrats by 26%. That difference continued over key demographic groups: while non-union seniors (65+) voted 21% more for Republicans than Democrats, union seniors voted Democratic by a margin of 35%. Similarly, Republicans won non-union white women voted by 25%, and union member white women voted for Democrats by that same margin – 25%.  Non-union voters who make less than $50,000 per year voted for Democrats 1% more than Republicans, while their union counterparts voted for Democrats 35% more than Republicans.
  • Corporations should pay their fair share of taxes: 66% supported using tax revenue from closing corporate loopholes to reduce the budget deficit and make public investments while only 22% were in favor of reducing tax rates on corporations.

That’s consistent with the finding that 73% of voters support “increasing taxes on the profits that American corporations make overseas, to ensure they pay as much on foreign profits as they do on profits made in the United States,” while only 21% oppose such a plan.

  • More funding is needed for public schools and higher education:“Increasing funding for public schools from preschool through college was supported 75-21%,” while “raising taxes on the wealthy and large corporations to fund priorities like education, job training, and deficit reduction” was ahead 62-32%.
  • No fast-track authority for NAFTA style trade agreements: By 49% to 36% voters oppose having Congress give the president fast-track authority for a new Pacific trade agreement.
  • Social Security benefits should be increased rather than cut: Increasing Social Security benefits, paid for by having high-income people pay Social Security taxes on all of their wages was supported 61-30%, whereas raising the Social Security retirement age won only 27% support, with 66% opposed.

    Along similar lines, voters are opposed 76-18% to the idea of raising the age at which seniors are eligible for Medicare and oppose “Cutting the Medicaid health program” by a similarly overwhelming margin of 76-17.

 

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