Harris will almost certainly win the labor vote, but what will really matter is Trump's ability to cut into her margins with appeals to working-class voters on issues like immigration and trade.
Ultimately, the Butch Lewis Act, enacted as part of President Joe Biden’s American Rescue Plan, will stop cuts to the retirement benefits of 2 million workers and retirees across the country, according to the Biden administration.
Only 11 percent of private sector workers are in real pension plans.
Get a Load of CEO Retirement Plans. They are called—I kid you not—“top hat” plans. And they drain everybody else’s 401(k)s.
Raising the retirement age isn’t just about having the “best years of retirement be stolen,” as French protesters have warned. It’s about fairness and not putting years more of the nation’s labor burden on the working class. Next time the government moves to raise the retirement age, we should follow the French example to protest and proclaim, “It’s a No.”
More than 1.2 million protesters marched in France Tuesday as rail workers and refinery staff began rolling strikes and trade unions stepped up their campaign to try to stop Emmanuel Macron’s plan to raise the pension age to 64.
Parties and movements in transition
Due to the stock market downturn, public pensions invested in private equity are about to face a reckoning — but thanks to lax transparency regulations, pension members have no way of knowing how bad it might get.
The Supreme Court isn’t a friend of workers. So a recent ruling that retirees can sue employers who help investment firms rip them off with high fees and poor performance is a rare and crucial win.
Spread the word