At the current $5.15 an hour, the federal minimum wage has become a poverty wage. A full-time worker with one child lives below the official poverty line.
If we are going to reverse the race to the bottom, workers must have the right to engage in collective bargaining.
In Finland, where 80 percent of workers belong to unions, all employees enjoy at least 30 days paid vacation, and the gap between the rich and poor is far more equitable than in the United States.
This is certainly a good day for the millions of American workers who, at least for the moment, will not see their benefits slashed by 20 to 50 percent due to a cash balance conversion,