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Introducing 'America's Second Bill of Rights' |
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For Wall Street and the 1 percent, life in post-recession America means that the good times are back. But Main Street is still haunted with persistent unemployment and eroding financial security. Workers the nation over are saying "enough." Thousands are expected to gather in Philadelphia Aug. 11 to put forth "America's Second Bill of Rights" — five tenets that embody the widespread need for fiscal fairness in an economy that is leaving everyday working families behind. The bill is fashioned after the 1944 State of the Union address by President Franklin D. Roosevelt, where he called for a Second Bill of Rights to extend economic security to citizens. Tragically, the fiscal dangers that FDR sought to avoid have, in many ways, come to pass in contemporary America: Wealth inequality is increasing at a steady pace, especially with regard to income. Business Week reports that in 1980, CEO pay was 42 times that of the average blue-collar wage earner. By 2011, that number had increased to 380 times the average worker's pay — by far the largest gap in the world, reports Paywatch.org. Health insurance in the U.S. remains out of reach for more than 16 percent of the population — upwards of 49.9 million people, according to the Census Bureau. At the same time, medical expenses are behind more than 60 percent of bankruptcies, CNN reports. And most who file for bankruptcy are middle-class, well-educated homeowners, according to data analyzed in the American Journal of Medicine. Access to a college education is becoming harder, and those who graduate with a degree can look forward to an average of $25,000 in debt, reports CNN Money. And for those who can't find a job or fail to earn enough, default is becoming more common. U.S. News & World Report states that as of 2009, 8.8 percent of borrowers are defaulting on their loans — up nearly 2 percent from the previous year. For many struggling in the aftermath of the recession, wages are lower across the board. The National Employment Law Project reports that from 2007 to 2011, low-wage jobs grew by more than 3 percent, while mid-wage jobs rose barely a percentage point. Higher-wage jobs fell by 1.2 percent during that time (See "For More Americans, Low Wages are the New Normal," The Electrical Worker, June 2012). "Everyday Americans are serving notice to political leaders and wealthy elites that the recovery is not reaching working people," said IBEW International President Edwin D. Hill. "America's Second Bill of Rights proposal is broad enough to touch the lives of every American. These are mainstream values that every citizen, regardless of political party, should hold dear. "The middle class is telling both Republicans and Democrats that we want an America that works for everyone," Hill continued. "Our members are looking forward to standing shoulder to shoulder with teachers, firefighters, nurses and others in Philadelphia next month to champion real change for working families." For more information, visit www.WorkersStandForAmerica.com. Subscribe to updates on Twitter from @Workers4America and join the discussion at www.Facebook.com/WorkersStandForAmerica. Periodic updates will also be available at www.IBEW.org.
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