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November Campaign: It's All About the Economy

Despite the administration's claim of a positive economic outlook at this week's Waco, Texas economic forum, a new AFL-CIO report on economic markers shows that working families are still reeling from the downturn that began in 2001, from mass layoffs to vast losses in retirement savings.

"As working men and women struggle to pay the bills, the top one percent of taxpayers stand to reap nearly one-half trillion dollars in tax breaks throughout the decade," AFL-CIO President John Sweeney said. "This is no economic recovery as seen from the factory floor or the office cubicle."

The report looks at the wages, unemployment, health insurance, the trade deficit and other economic factors affecting working families. More information and a link to download the study are available at: http://www.aflcio.org/publ/press2002/pr0812.htm.

The economy along with job issues and corporate irresponsibility also were the major focus of the AFL-CIO Executive Council's meeting last week in Chicago. The Council issued policy statements and background papers:

* Spotlighting the crisis in corporate accountability and setting forth specific reforms the union movement will be pressing.

* Detailing the budget crisis facing a majority of states resulting from worsening unemployment, recession and the impact of the Bush tax cut.

* Laying out a union agenda to redirect increased Defense spending to bolster U.S. manufacturing; fighting tax proposals in Congress that would further promote the export of jobs, and stopping the Overseas Private Investment Corp. from using public funds to ship jobs overseas.

In reporting the Council's actions, CWA President Morton Bahr urged staff and local officers to make these issues central to the union's political mobilization this year, noting: "The economy and job security along with corporate greed will play the largest role in deciding which party controls the House and Senate in 2003."