Is joblessness going to be the new normal for most workers? Or will “gig job” (job of a short duration) and temporary jobs be the new order with low pay and no pensions or healthcare. This is what the capitalist rulers are telling the working people, and that they will just have to live with it. The capitalists are now attacking the pensions that workers have already earned. With a Congressional law passed in December of 2014, The Pension Reform Act, which gives permission to slash retirees payments and will effect 68 separate private sector union pension funds. This could impact about 1 million pensions, which not only effects the retirees, but their families, as well, amounting to 2 million to 3 million people or more. A person receiving a government pension of $3,500, could see a cut of $1,900 per month. Then the Government Pension Benefit Guaranty Corporation, which is supposed to pick up the shortfall, is projected to run out of money in eight to ten years. There will be no m
This blog is a quick read about concerns, whether local or international, facing union and non-union workers.