Union Perspectives

To bring back financial stability and put the unemployed to work we must raise the wages to at least $15 to $18 an hour, but there is an even quicker way to matching aggregate supply and demand and this is the most important role of the government fiscal policy that is make sure the U.S. has the $16 trillion in purchasing power to buy the $16 trillion in goods and services that we produce each year. For a little more than one-third of the military budget we could have full employment of the 11 million people in the U.S. The fastest way yet is to do what the Swiss will be voting on this fall and that is to pay its citizens $2,800 a month regardless if they work or not. This campaign for a Europe-wide basic income is gaining ground. This would be full employment, which would give workers much greater bargaining power for wages, childcare, eldercare, hiring disabled workers and a much higher standard of living with pensions and healthcare when too old to work anymore. Those who want to wo...