Hurricane Maria vigil on track in Hartford
Hurricane Maria vigil on track in Hartford
Despite confusion over permits, police and city officials say they’re working with two local community groups to help...
Despite confusion over permits, police and city officials say they’re working with two local community groups to help them hold a march and vigil Thursday to commemorate the one-year anniversary of Hurricane Maria.
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Workers’ groups show candidates that supporting higher wages wins votes
Workers’ groups show candidates that supporting higher wages wins votes
Several worker advocacy groups in swing states are showing senatorial candidates that according to polls, voters...
Several worker advocacy groups in swing states are showing senatorial candidates that according to polls, voters support raising the minimum wage and expanding eligibility for overtime pay.
The groups include the National Employment Law Project (NELP), the Center for Popular Democracy Action Fund and the Working Families Party. They report that when voters learn that GOP incumbent senators oppose raising the minimum wage and expanding overtime pay eligibility, they often switch their support to Democratic challengers.
This might greatly influence the outcome of close U.S. Senate races in Pennsylvania, Missouri, Ohio, New Hampshire and Arizona.
Forty four Senate Republicans have signed a resolution opposing the overtime pay expansion the U.S. Labor Department plans to implement December 1.
“Voters are fed up with lack of action in Washington on raising wages for working people, and what we’re seeing is that just letting voters know where the candidates stand on these issues can have a significant impact,” Dan Cantor, executive director of the Working Families Party, says.
He cited polls that found:
▪ Nationally, voters support expanding overtime pay eligibility by a three-to-one ratio. Just over half of voters say they would oppose a candidate who opposes the expansion.
▪ In Pennsylvania, three-fourths of voters say they support raising the minimum wage. Also, by an 81 to 15 percent margin, they say they approve of expanding eligibility for overtime pay. Fifty seven percent of voters say they will oppose candidates who do not support these goals. (Democratic U.S. Senate candidate Katie McGinty has made raising the minimum wage a key plank in her race against GOP Sen. Pat Toomey.)
▪ In Missouri, voters approve expanding overtime pay eligibility by a 76 to 16 percent margin. If a candidate opposes the idea, 53 percent of voters say it would lessen their support.
▪ In Ohio, voters approve expanding overtime pay eligibility by an 80 to14 percent margin. And if a candidate opposes the idea, 51 percent of voters say they would lessen their support.
“Working women and men should be paid for the time they work, period. The Obama administration’s decision to increase the overtime threshold is an enormous, in many cases life-changing, win for working people, from fast-food, retail and healthcare managers to post-doctoral associates and counselors,” Service Employees President Mary Kay Henry has said.
She continued: “This action will put more money in people’s pockets and boost the economy. It will boost women, African Americans, Latinos, people who are early in their careers and people who have modest education levels – the very people hardest hit by the 40-year assault on working people built on phony trickle-down economics.”
“Raising wages includes lifting national wages, but it’s far broader than that,” AFL-CIO President Richard Trumka has said. “We want earned sick leave and paid family leave. We want full employment, fair overtime rules and fair scheduling so people won’t have to guess whether they’ll get enough hours to pay the rent.”
The Working Families Party, the NELP Action Fund and their allies are working to inform workers about where candidates for office from president down to city councilperson stand on raising wages,” said NELP fund spokesman Paul Sonn.
By Mark Gruenberg
Source
The next labor fight is over when you work, not how much you make
Washington Post - 05-08-2015 - If there’s one labor issue that’s come to the forefront of political agendas over the...
Washington Post - 05-08-2015 - If there’s one labor issue that’s come to the forefront of political agendas over the past few years, it’s the minimum wage: Cities and states around the country are taking action to boost worker pay, as federal efforts seem doomed to fail.
But a new wave of reform is already in the works. Instead of how much you earn, it addresses when you work -- pushing back against the longstanding corporate trend toward timing shifts exactly when labor is needed, sometimes in tiny increments, or at the very last minute. That practice, nicknamed “just-in-time” scheduling, can wreak havoc on the lives of workers who can’t plan around work obligations that might pop up at any time.
Right now, community groups and unions in Washington D.C. are formulating a bill that will address the problem of schedules that can be both shifting and inflexible. The legislation hasn’t been hammered out yet, but the labor-backed group Jobs with Justice says it will likely include a requirement that employers provide workers with notice of their schedules a few weeks ahead of time, and that additional hours go to existing employees, rather than spreading them across a large workforce.
“The one thing we’re finding overwhelmingly is that people aren’t getting enough hours to make ends meet,” says Ari Schwartz, a campaign organizer at D.C. Jobs with Justice, which is now tabulating the results of a survey of hundreds of hourly workers in the city on scheduling issues. “People aren’t getting their schedules with enough time to plan childcare and the rest of the things in their lives.”
When a proposal reaches the D.C. Council in the coming months, Washington won’t be the first: Following the passage of landmark legislation in San Francisco, bills have been offered in Indiana, Maryland, Massachusetts, Minnesota, Illinois, Connecticut, California, New York, Michigan and Oregon. Along with new proposals to expand paid sick day legislation, they are a bid to give employees more control over how they spend their time.
“These scheduling reforms are getting really popular, because it makes no sense that for example you’re required to be available to work by your employer and you’re not picked for that time,” says Tsedeye Gebreselassie, a senior staff attorney at the National Employment Law Project. “People who don’t suffer these abuses already understand what it’s like to juggle work and family, so people really identify with that as being a problem.”
Carrots and sticks
Twenty years ago, schedules weren’t as much of a problem. Working in retail, especially, tended to be a solid 9 to 5 job.
But then retail hours grew longer. And then came computerized scheduling, which allowed employers to best fit staffing to demand. Here’s what that looks like in practice: Handing out schedules based on what times of day or the month you expect the most business, splitting up hours across a large workforce that’s available on a moment’s notice and sometimes sending people home if traffic is slow.
That helps companies optimize their labor costs, but it wreaks havoc on the lives of low-wage workers, who don’t know how much they’re going to make from week to week, and often can’t schedule anything else around work.
One worker, who spoke on the condition of anonymity because she is still employed there, has worked in the hot food prep section of the Whole Foods at 14th and P streets in Washington for 12 years. She liked it; the pay wasn’t bad, and the people were friendly. She worked consistently from 6 a.m. to 2 p.m., and took a second job as a nanny in the afternoons, which added around $300 a week to her income — more money to send home to her father in El Salvador, and to support her daughter in college in Tennessee.
But then, a new manager cut back hours; some people left and weren’t replaced. The schedule posted on the wall started to shift the worker’s days off, or tell her to come in from 10 a.m. to 4 p.m. instead. Usually she got a week’s notice, but once in a while she’d come to work and the schedule had already changed, so she’d have to go back home. After that happened on too many days, she had to drop the afternoon job. So once again, she was just squeaking by.
“She would come and say ‘I really need you to cover this shift,’ and it is what it is,” the worker says in Spanish, through a translator. “Lots of us have lost lots of jobs.”
It’s been better over the past few months, she says. And that’s not by accident: As public complaints surfaced about Whole Foods’ scheduling practices, the company rolled out a new system that allows employees to see their schedules for two weeks in advance and prevents managers from changing them at the last minute or scheduling “clopenings”-- both closing the store and opening it in the morning -- without an employee’s consent. The policy has been in place nationwide since early April, spokesman Michael Silverman says.
Whole Foods isn’t alone. Walmart has also introduced a system of “open shifts,” which allows workers to pick their own hours. Starbucks curbed some of its practices in the wake of a New York Times article last year that described their effect on one barista. The Gap is working with the Center for WorkLife Law at Hastings College of Law in San Francisco to set up pilot projects around the country that would measure the impact of giving employees stable schedules and more hours. Many companies haven’t taken into account how much their scheduling practices are actually costing them in the form of employee turnover, professor Joan Williams says.
“If you don’t count that cost, it disappears. The idea is to generate the kind of rigorous data that will be needed to persuade people to change their financial models."
— Professor Joan Williams, Hastings College of Law
“If you don’t count that cost, it disappears. The idea is to generate the kind of rigorous data that will be needed to persuade people to change their financial models," says Williams. "Our hypothesis is that if you provide people with more stable schedules, you’ll see lower turnover [and] absenteeism and higher worker engagement.”
In time, the business case may grow clear enough that more companies move toward stable schedules on their own. But Williams says legislative efforts are needed as well: A recent national survey found that 41 percent of early-career, hourly workers get their schedules less than a week in advance. In a survey of retail and restaurant workers in Washington, Jobs with Justice found that employers like Forever21 and Chipotle are among the worst offenders. (Forever21 did not respond to a request for comment. Chipotle says it publishes schedules four days in advance, with shifts lasting seven hours on average.)
And now, there’s legislation to benchmark against. Last year, San Francisco became the first jurisdiction to pass comprehensive scheduling reform, with a set of companion bills that require “formula retailers” (i.e., large chains) to give workers two weeks notice of their schedules, pay workers for the shifts when they’re on call and give hours to current employees instead of hiring more, among other provisions. The law went into effect in January, but won’t be enforced until July.
Meanwhile, scheduling legislation is in the works around the country. National groups like the Center for Popular Democracy and the National Womens Law Center are helping to build coalitions where scheduling reforms could prove politically palatable, in places like New York — where the union-backed Retail Action Project has been advocating for “just hours” for years — and Minnesota, where the AFL-CIO-affiliated Working America has been building support among non-union members for measures that would benefit all workers.
Scheduling legislation even exists on the federal level. A federal bill introduced in Congress last summer would require employers to make schedule accommodations for health or childcare needs, unless there is a “bona fide business reason” for denying it. Yet another bill, proposed last month, would prevent employers from firing workers for requesting a schedule change.
But it hasn’t been smooth sailing for the scheduling reform movement. A Maryland bill failed this year, in the face of employer opposition. And though there isn’t even a bill yet in Washington, businesses are voicing skepticism.
“Any time you alter how employers hire, schedule or retain their workforce, if that flexibility makes DC less attractive to businesses, than I’m concerned about that."
— Harry Wingo, president of the D.C. Chamber of Commerce
“Any time you alter how employers hire, schedule or retain their workforce, if that flexibility makes DC less attractive to businesses, than I’m concerned about that,” said Harry Wingo, president of the D.C. Chamber of Commerce. “The D.C. chamber is concerned about any restrictions on free enterprise.”
It’s perhaps more concerning to employers than even raising the minimum wage: That’s just extra cost. Scheduling, by contrast, impacts the very core of how they’ve learned to do business.
Making it real
Laws, of course, are only as good as their enforcers. And scheduling laws, with their far-reaching impact, could be particularly difficult to follow up on.
Just ask unions, which already have many of the proposed scheduling rules in their contracts. Making sure employers stick to them is a big job, even though union dues pay for far more inspectors — in the form of business agents and shop stewards — than city and state governments ever will.
“The union has this exact set of provisions in its contracts, and they are extremely important for making sure that if you have the seniority you can get the fullest work week possible,” says John Boardman, president of UNITE-HERE Local 25, which represents 6,500 mostly hotel workers in the D.C. area. “But it also takes a very, very strong enforcement mechanism in order to make these provisions of the contract viable and living.”
Jobs with Justice already knows this. A few years ago, D.C. passed laws requiring employers to pay for a minimum of 4 hours in a shift, even if a worker was sent home early, and to pay an extra hour’s worth of wages for every “split shift” (with a long break in the middle) that an employee works. In its survey, Jobs with Justice found that workers were sent home early and asked to work split shifts just as much as they were in 2010, when another survey was done, suggesting the laws hadn’t had much effect.
That’s why they’re hoping the city will put more resources into enforcement, in the form of inspectors and people to process claims. But it’s also going to have to involve a massive education campaign to make workers aware they even have these new rights.
"It is easier to enforce these things when you have a union contract and a grievance procedure, and a shop steward and union infrastructure to back that up,” says Schwartz. “But we can’t keep relying on that as our only model. Because there’s so many workers in the growing retail and restaurant sectors that need those protections, too.”
Source: The Washington Post
REPORT: Milwaukee School Discipline Guidelines Disproportionately Target Black and Latinx Students
REPORT: Milwaukee School Discipline Guidelines Disproportionately Target Black and Latinx Students
Despite costing millions of dollars, punitive student discipline strategies implemented by the Milwaukee Police...
Despite costing millions of dollars, punitive student discipline strategies implemented by the Milwaukee Police Department(MPD) over the last decade have failed to improve school safety in the city and have taken a disproportionate toll on students of color, according to a new report from The Center for Popular Democracy and Leaders Igniting Transformation (LIT).
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Puerto Rican Families Displaced in Florida by Hurricane María Recruited as Potential Voters
Puerto Rican Families Displaced in Florida by Hurricane María Recruited as Potential Voters
The Summer for Puerto Rico campaign is spearheaded by Julio López Varona, the Director of Puerto Rico Diaspora...
The Summer for Puerto Rico campaign is spearheaded by Julio López Varona, the Director of Puerto Rico Diaspora Campaigns at the Center for Popular Democracy. He emphasized that the focus of the campaign is on promoting political empowerment and literacy, by providing context on who are the lawmakers, and teaching communities about the effects of colonialism.
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Nina Tassler, Denise Di Novi Launch New Studio PatMa Productions
Nina Tassler, Denise Di Novi Launch New Studio PatMa Productions
The studio has already set up partnerships with a number of organizations promoting diversity, inclusion, and human...
The studio has already set up partnerships with a number of organizations promoting diversity, inclusion, and human rights, among them the Geena Davis Institute on Gender in Media, the Center for Popular Democracy, and Planned Parenthood.
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NYTimes Letter to the Editor: Deportations for Minor Offenses
New York Times - April 13, 2014 To the Editor: Re “...
New York Times - April 13, 2014
To the Editor:
Re “More Deportations Follow Minor Crimes, Data Shows” (front page, April 7):
It’s a mistake to focus the debate about immigration enforcement on the question of which immigrants are sufficiently “criminal” to deserve deportation. When the Obama administration talks about deporting people with convictions, they are talking about people who have already served their sentences for those convictions.
If you are a citizen who commits an offense, you pay the penalty issued by the criminal legal system, and then you are free to try to rebuild your life. If you are a noncitizen who commits that same offense and pays that same penalty, you can be subjected to the double punishment of permanent exile from your home and family.
This two-tiered system of justice is morally abhorrent regardless of how serious the underlying offense may have been. It’s an unfairness compounded by the well-documented unfairness of the criminal legal system itself, which disproportionately targets poor people and minorities.
Let’s not rely on our corrupt criminal justice system to justify the operations of our corrupt immigration system.
EMILY TUCKER Brooklyn, April 7, 2014
The writer is staff attorney for immigrant rights and racial justice at the Center for Popular Democracy.
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How Hillary Clinton can win in November
How Hillary Clinton can win in November
Hillary Clinton may be tempted to relax into her inevitable nomination as the Democratic presidential candidate given a...
Hillary Clinton may be tempted to relax into her inevitable nomination as the Democratic presidential candidate given a sizable delegate lead that looks likely to hold going into the Democratic convention — particularly if she wins the big prize of New York in April.
However, even after the convention, she will need to woo her opponent's supporters — many of whom claim they won't vote for her — to prevail in an unpredictable general election against an unconventional candidate like Donald Trump.
Bernie Sanders has been buoyed consistently by supporters disgusted with a political system awash in big money — and dismayed by Clinton's uncomfortably close relationship to Wall Street. There is a simple move Clinton can make to prove she is willing to take bold action against Wall Street: She can bring back the Glass-Steagall Act that put up a firewall between commercial and investment banking.
Over the course of recent Democratic debates, Clinton has remained opposed to reinstating Glass-Steagall even as Sanders used the rallying cry of breaking up the banks to help lock up several Midwest and Northeastern primaries.
The division between commercial and investment banking imposed by Glass-Steagall, enacted in 1933 amid the Great Depression, prevented banks from using customer deposits to take high-octane gambles in the market that could bring on another financial cataclysm.
Then, in 1999, under heavy pressure from the financial industry, Glass-Steagall was repealed by President Bill Clinton, unleashing the rise of a number of behemoth banks with combined commercial and investment arms. Less than a decade later, most of them nearly combusted in the greatest financial crisis since the Great Depression, requiring billions in taxpayer bailout funds to stay afloat.
Today, Wall Street continues to be riddled with systemic risks. The Dodd-Frank financial reforms enacted in 2010 in the wake of the financial crisis helped reduce some of the risk, but as the new president of the Minneapolis Fed recently acknowledged, they didn't go far enough. "I believe the biggest banks are still too big to fail and continue to pose a significant, ongoing risk to our economy," Neel Kashkari — a Republican – told an audience at the Brookings Institution in Washington D.C. last month.
An even more unlikely proponent of reining in big banks is Asher Edelman, the inspiration for Gordon Gekko in the movie "Wall Street." In a recent interview with CNBC, Edelman called for banks to return to lending, which stimulates middle class spending and the overall economy, rather than speculation, which pads the balance sheets of the big banks, not to mention the pockets of the top 1 percent.
While the Volcker Rule — the set piece of the Dodd-Frank reforms — bans commercial banks from using customer deposits for speculative trading on the bank's own accounts, numerous exceptions permit commercial banks to engage in risky investment banking activities they would be unable to carry out under Glass-Steagall. It's not difficult to conjure a scenario in which using customer deposits to bolster market bets causes a global financial contagion on the order of — or greater than — what we witnessed in 2008.
Some argue that Glass-Steagall is unnecessary because many of the financial institutions that triggered the financial crisis, such as Bear Stearns, were purely focused on trading and didn't have commercial banking arms. But those failed investment banks were able to take their risky gambles because they could easily borrow from hybrid entities such as Citigroup. And we should not forget that commercial-investment bank hybrids like Citigroup and Bank of America were ultimately some of the biggest recipients of bailout money.
The solution must be a stronger wall between commercial and investment banking. Senators Elizabeth Warren andJohn McCain have already proposed bipartisan legislation to bring back an updated, stronger version of the Glass-Steagall legislation specifically focused on banning publicly supported banks from engaging in the type of practices that created the financial crisis.
Afraid of Congressional gridlock? A President Clinton could even avoid a dysfunctional Congress altogether by working with bank regulators to create many of the same activity limitations through executive action — but only if she appoints strong regulators dedicated to reining in Wall Street.
With an increasingly likely path to the general election ahead of her, Hillary Clinton in the next few months must strive to shed her image of being beholden to wealthy, Wall Street interests. Reinstating Glass-Steagall is a good way to start.
By Anita Jain
Source
The DNC Is Voting On Whether To Keep Superdelegates. Get Ready For Controversy
The DNC Is Voting On Whether To Keep Superdelegates. Get Ready For Controversy
PHILADELPHIA — Democrats are about to have a delegate fight of their own. Following the Republican’ controversy over...
PHILADELPHIA — Democrats are about to have a delegate fight of their own. Following the Republican’ controversy over bound and unbound delegates, the Democratic National Convention is about to go headlong into a conflict over superdelegates in its rules committee this weekend.
The DNC’s rules committee is expected to convene Saturday morning, where groups are planning to gather outside the city’s convention center and urge the party to end the superdelegate system.
According to a media advisory, the pre-vote press conference with rules committee members includes a formal petition delivery of more than 500,000 signatures collected by Democratic-leaning groups working to end the use of superdelegates at the Democratic National Convention.
A superdelegate is a party official or elected official who is free to cast a vote for any candidate for the presidential nomination at the party’s national convention, regardless of whom the voters of their state prefer. This is in contrast to a “pledged delegate” who must cast their ballot in accordance to the winner of their state party’s primary.
DNC rules committee members are expected at the press conference and include Aaron Regunberg, the amendment’s chief sponsor. Groups presenting the signatures will include: MoveOn.org, Demand Progress, Daily Kos, Social Security Works, Democracy for America, New Democrat Network, National Nurses United, The Other 98%, Courage Campaign, Progressive Kick, Credo, PCCC, Progressive Democrats of America, Center for Popular Democracy, Social Security Works, and Reform the DNC.
“This is a historic moment for the Democratic Party,” said Aaron Regunberg, Rhode Island state representative and rules committee member. “Saturday we vote on whether to end the undemocratic superdelegate system. It’s time to restore democracy in the Democratic Party.”
Supporters of former Democratic presidential candidate Bernie Sanders became frustrated with the superdelegate system, as they saw it as a way that damaged the Vermont senator’s candidacy during the party’s primary against former secretary of state Hillary Clinton.
“The super delegate system undermines the promise of one person one vote that is bedrock of democracy,” added Deborah Burger, RN, co-president of National Nurses United and rules committee member. “It was created to block the nomination of candidates who would challenge a political system that has for far too long been dominated by corporate interests and a wealthy elite. Ending this undemocratic selection process would be a strong step forward to making the Democratic Party more responsive to those thirsting for real change and a healthier America.”
By KERRY PICKET
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Why You Should Care About the Federal Reserve’s Secrecy and Elitism
New Republic - Last weekend, Cee Cee Butler, a 34-year-old McDonald’s worker from Washington D.C., became sick with the...
New Republic - Last weekend, Cee Cee Butler, a 34-year-old McDonald’s worker from Washington D.C., became sick with the flu, or at least something that resembled the flu. Her phone had been cut off and she missed work Friday, Saturday and Sunday. “I did a ‘no-call, no-show’ for three days and I’ve never done that in over the year and a half I’ve been working here at McDonald's,” she said. “They terminated me Tuesday morning. So I lost my job, my rent is going up in December, I have two kids—19 and 5, a girl and boy—and I can’t afford to take care of them.”
On Friday, Butler gathered outside the Federal Reserve building with around two dozen activists from labor unions and progressive groups before an afternoon meeting with Fed Chair Janet Yellen. The groups are part of a new campaign called “Fed Up” that is pressuring Yellen and her colleagues to keep interest rates at zero until the recovery strengthens and wages rise. “The economy is not working for the vast majority of people,” said Ady Barkan, a lawyer from The Center for Popular Democracy, which is the lead organizer of the campaign. Fed Up wants to rectify that problem by putting direct pressure on the Federal Reserve itself—a quest that may not captivate the public’s attention but could have a very real effect on the lives of working Americans.
In August, for instance, members of Fed Up staged protests outside of the Federal Reserve’s annual monetary policy conference in Jackson Hole, Wyoming. Many reporters there said it was the first time they could remember protestors at the conference—but their tactics must have worked, because Yellen agreed to meet with the protesters Friday afternoon in the boardroom where the Federal Open Markets Committee (FOMC) meets eight times a year to set monetary policy. Three other Federal Reserve governors—Vice Chair Stanley Fischer, Jerome Powell and Lael Brainard—joined the meeting and the activists said that Yellen was engaged throughout and was moved by the stories she heard. They hope that this meeting was just the first of many in the future.
The message the Fed Up campaign delivered is the same one voters sent loud and clear last week: The recovery is not being felt by millions of Americans. Exit polls indicated that 45 percent of voters considered the economy the most important issue of the midterms. Wage growth for low-income workers, like janitors and fast food workers, are barely keeping up with inflation. “That’s not an economic recovery,” said Jean Andre, who does location support for film production and is a member of New York Communities for Change. “That’s not the way thing should be.”
But the slow recovery isn’t always noticeable in leading economic indicators. The unemployment rate, for instance, has fallen 2.1 percentage points since the start of 2013 and is now at 5.8 percent, its lowest point in more than six years. As a result, some economists inside and outside the Fed, including inflation hawk Charles Plosser, have called for a hike in interest rates in the near future. “Beginning to raise rates sooner rather than later reduces the chance that inflation will accelerate and, in so doing, require policy to become fairly aggressive with perhaps unsettling consequences,” Plosser, the president of the Federal Reserve Bank of Philadelphia, said Wednesday.
Plosser’s worry about rising inflation, even though it is nowhere to be found, could prove dangerous. If the FOMC listens to the hawks, it will prematurely raise rates and choke off the recovery before workers see wage growth. So far, Yellen has done a good job ignoring Plosser and Co. And, luckily, Plosser and Richard Fisher, the president of the Dallas Federal Reserve Bank and another hawk at the FOMC, announced that they would retire in the spring of 2015, opening up two positions that have a significant impact on monetary policy. Fed Up sees their retirements as a boon—and is keen to have a say in the selection process.
Under the current rules, Plosser and Fisher’s replacements will be chosen by the board of the Philadelphia and Dallas reserve banks, respectively. Each board has nine members, three from banks and six from nonbanks—companies and organizations that are not financial institutions. Because of Dodd-Frank restrictions, only the six non-bank members are involved in selecting the replacements. But of those six members, three are chosen by banks and three are chosen by the Fed board in Washington. Workers and consumers are supposed to be represented on the board, but of the 108 members, 91 are from financial institutions and corporations. Just two are leaders of labor groups and another 15 represent non-profit organizations.
Fed Up has a list of demands to make the replacement process more transparent and to ensure the public has adequate representation within the central bank. They want a public schedule of the process, a list of criteria for how the replacements will be chosen, a chance for members to question the candidates, and public forums where citizens can discuss monetary policy with candidates and the search committee. These reforms, they hope, will keep presidents like Plosser and Fisher—who activists say are disconnected from the daily struggles of their constituents—out of office. “We need a president in Philadelphia who will listen to working people,” said Kati Slipp, the director of Pennsylvania Working Families. “Charles Plosser hasn’t been or he would not believe that our economy has really recovered.” In fact, Fed Up is already getting results. On Friday morning, the Philadelphia Fed announced that it was setting up an email to receive inquiries about the search process. “That would never have happened if this campaign hadn’t happened,” Slipp said. The campaign said it expected the same things from the Dallas Fed.
After Republicans destroyed Democrats in the midterms, many liberal commentators argued that a fresh agenda for raising wages could help the Democratic Party win back voters, particularly those in the white working class. But the problem isn’t that Democrats’ ideas—raising the minimum wage, investing in infrastructure and strengthening the safety net—won’t help middle- and lower-class Americans. It’s that the weak recovery has destroyed those ideas’ political salience. It’s a political problem much more than a policy one.
Such arguments almost always ignore monetary policy. After all, no one but Ron Paul fanatics care about the Federal Reserve. And the Fed is independent from the federal government. If a Democratic candidate’s economic message was to fill the FOMC with economists committed to keeping interest rates low or even adopting a different monetary policy regime altogether, voters would likely roll their eyes. It would be a political disaster. But given congressional gridlock, it might also be far more effective at boosting the recovery.
The Fed Up campaign isn’t going to change that. Millions of Americans will not suddenly realize that the most important economic actor in the United States is not the president or Congress but the Federal Reserve. They will not understand that some inflation is needed, especially right now, to convince businesses to invest and consumers to spend money to get the economy back going again. But the campaign may convince some Americans of the Fed’s importance. That’s why Cee Cee Butler, the former McDonald's worker who was fired Tuesday, and Jean Andre, the man who scouts out locations for films, spent a cold Friday morning outside the Fed.
“I just got out of the shelter two years ago and here I am about to be back in one. I’m not trying to go back there,” Butler said. “My daughter will never walk in my shoes. She doesn’t need to. That’s why my voice needs to be heard.”
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3 days ago
3 days ago