In Monday statement, labor president calls proposed halt a “race to the bottom” in wages “bad” for middle class, economy and business.
Statement by AFL-CIO President Richard Trumka On Pay Freeze for Federal Workers
November 29, 2010
Today’s announcement of a two-year pay freeze for federal workers is bad for the middle class, bad for the economy and bad for business. No one is served by our government participating in a “race to the bottom” in wages. We need to invest in creating jobs, not undermining the ones we have. The President talked about the need for shared sacrifice, but there’s nothing shared about Wall Street and CEOs making record profits and bonuses while working people bear the brunt. It is time to get our nation back on track, but we should not do so by placing an even greater burden on the middle class.