Template:ALEC News

ALEC News

EPIC Fail: Supreme Court Turns Back the Clock to Strip Workers of Power When unemployment drops and labor markets tighten, wages are expected to rise, but few workers are seeing more money in their paychecks since unemployment dipped below 4 percent this month. Economists agree that a key variable in the wage stagnation is the inability of the vast majority of American workers to join together to demand higher wages. In a decision penned by Justice Gorsuch, the right-wing majority of the U.S. Supreme Court ruled in Epic Systems Corporation v. Lewis that businesses can prohibit their workers from banding together to battle their employers in court in disputes over pay and workplace conditions. Read the rest of this item here. Novartis and Cohen: Two of a Kind "Yesterday was not a good day for Novartis." That's what the chief executive of the pharmaceutical giant told his staff in the wake of embarrassing reports that it was among a handful of large corporations that made questionable payments to President Trump's personal fixer Michael Cohen. Novartis ultimately admitted it was a "mistake." Read the rest of this item here. Take the Money and Run: Trump Tax Cuts Boost Earnings of ALEC Corps Which Promptly Layoff Workers Nine major publicly traded corporations that are funders of the American Legislative Exchange Council just reported earnings from the first quarter of 2018. Trump's recent massive corporate tax cuts were sold as a job creation mechanism, but rather than creating jobs, all nine companies reported layoffs that have recently taken place or are planned for 2018. Read the rest of this item here. ALEC Payday Loan Company Gets Reprieve Under Trump Administration Mick Mulvaney Image: Gage Skidmore CC BY_SA 2.0 Corporate members of ALEC are benefiting from the deregulation frenzy of the Trump Administration. Advance America is the largest payday loan lender in the United States, with 2,500 locations. The Trump administration's treatment of Advance America and the predatory payday loan industry shows how the Trump team's "deconstruction of the administrative state" often pits the low income and working poor against giant companies. Read the rest of this item here.