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February 18, 2019

On This Day in 1834
One of the first American labor newspapers, The Man, was published in New York City. It cost one cent and according to The History of American Journalism, “died an early death”. Another labor paper, the N.Y. Daily Sentinel, had been launched four years earlier.
- Union Communication Services

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Just Sayin’
     "Power concedes nothing without a demand. It never did and never will. People might not get all that they work for in this world, but they must certainly work for all they get."
~Fredrick Douglass,
Abolitionist


Retirement Income in the 21st Century
Posted On: Aug 21, 2018
August 21, 2018 | RETIREMENT SECURITY | Last week marked the 83rd anniversary of Social Security. The program has been an enormous success by any measure. It has lifted tens of millions of retirees out of poverty and provides the bulk of retirement income for most people after they stop working. It also provides disability insurance to workers unable to work and survivors’ insurance to the families of workers who die at an early age. The program is extremely efficient, with administrative costs that are just 0.6 percent of the money paid out in benefits each year. By comparison, privatized systems often have costs that are 15-20 percent of annual benefits. However successful Social Security is, it still does not provide an adequate retirement income… Truthout 
 
 
Teamsters Local 355
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