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March 06, 2015

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Today in Labor History
Mar. 5, 1770:British soldiers, quartered in the homes of colonists, took the jobs of working people when jobs were scarce. On this date, grievances of rope makers against the soldiers led to a fight. Soldiers shot down Crispus Attucks, a black colonist, then others, in what became known as the Boston Massacre. Attucks is considered the first casualty in the American Revolution.?
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Beware The 'Chained' CPI
Updated On: Dec 18, 2012

Dec. 18, 2012 | The chained CPI is a cut in Social Security Benefits and a "stealth" tax hike. As Republicans in Congress take a hard line in the sand against higher tax rates for millionaires and billionaires, they are demanding a Social Security benefit cut through a lower Cost of Living Adjustment (COLAs). The lower COLA would result from the adoption of a new formula for calculating COLAs called "Chained CPI." What is that and what will it mean for working people, especially middle-and lower-income families? Learn about it here. View explanatory graphic here.


 
 
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