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May 31, 2020

On This Day in 1941
Animators working for Walt Disney began what was to become a successful five-week strike for recognition of their union, the Screen Cartoonists’ Guild. The animated feature Dumbo was being created at the time and, according to Wikipedia, a number of strikers are caricatured in the feature as clowns who go to “hit the big boss for a raise”.
- Voices of Labor

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Chained CPI: Bargaining With Your Future
Updated On: Oct 18, 2013

The Chained-CPI isn't just a one-time cut. Each year that passes means more cuts for seniors.

According to Social Security Works, an average earner who retired in 2011 at age 65 can expect to lose over $6,000 over 15 years if the Chained-CPI were adopted.

The Chained-CPI formula fails to take into account the large health care costs and rising living expenses faced by seniors with limited income. Our seniors cannot just substitute triple bypass surgery with a double bypass because it's cheaper.

By considering a switch to Chained-CPI, Members of Congress are bargaining with our future. Use the Social Security benefits change calculator from AARP here to see how much you stand to lose, then share it with your friends and contact your legislator.

Source: www.seiu.org


 
 
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