Saturday, August 28, 2010

Workers Independent News: AFL-CIO wants Obama administration to do more for jobs

Submitted by Jesse Russell on August 27, 2010 - 2:42pm

Pedrotty: “Millions of people are out of work today because Wall Street played Russian Roulette with our economy and our future. So the AFL-CIO will be holding more than two hundred rallies and demonstrations across the country where we’re calling on the biggest banks to pay to replace the jobs that they destroyed.”

AFL-CIO Director of Investments Dan Pedrotty. While jobs creation is critical, Pedrotty says this is about much more than just jobs. The entire financial system must be reformed. Pedrotty says so far not nearly enough has been done by Congress and the Obama administration to actually deliver the economic reforms needed to help unemployed workers now and into the future.

Pedrotty 2: “Not nearly enough to get at the scale of the crisis. We need to create eleven million jobs to address what is record unemployment in our economy. The jobs bills are a good start, but it’s like putting a Band-Aid on a gaping wound. We need to do much, much more. And people are frankly hurting out there.”

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