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Biden Stimulus Plan Shores Up Weakest Multi-Employer Pension Plans Rather than Taking on Private Equity Abuses

Yves here. I don’t mean to be hard on Tom Conway, the international president of the United Steelworkers Union. The Democrats have taken organized labor for granted for so long that the gestures made by Biden so far, that of speaking out in favor of interference-free union elections, meaning scolding Amazon, and now shoring up a private pension guarantee fund, must seem like a sea change from the posture of the Democrats under Clinton and Obama. Hence it makes sense for Conway to applaud Biden moving in a better direction. However, his headline, The American Rescue Plan is for Real, is out over its skis. ....

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The American Rescue Plan is for real - NationofChange

The American Rescue Plan is for real - NationofChange
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