What’s Going On With GM?

Matthew McMullan

Matthew McMullan Communications Manager, Alliance for American Manufacturing

In 2017, Congressional Republicans passed and President Trump signed what the Washington Post described as “the most significant overhaul of the U.S. tax code in 30 years.”

 
Paul Ryan@SpeakerRyan
 

When I was chair of @HouseBudgetGOP, we began to change the debate with the Roadmap for America’s Future. Now, all these years later, those early ideas of tax reform have become law and hundreds of millions of Americans are better for it.

Less than a year later, a flagship American corporation, General Motors -- proud recipent of approximately $50 billion in federal assistance after the Great Recession -- took its reduced corporate tax rate and announced plant closures in Ohio, Michigan and Maryland. Lots of layoffs. If only we had seen it coming! 

 
NowThis@nowthisnews
 

This tax expert warned Congress that the GOP tax bill could lead to outsourcing. GM just announced more than 14,000 U.S. layoffs

Oh man! Maybe the president should have read that tax bill he signed a little more closely.

Anyway: After GM caught a ton of heat for its downsizing plans it deigned to offer laid-off workers the opportunity to move into other positions at factories elsewhere.

Mary Barra@mtbarra
 

I understand how GM’s recent news is affecting our colleagues, families and communities. Our focus remains on helping employees…

But the United Autoworkers, which represents workers in GM factories, is claiming the company is instead filling those positions with temps. That's a savvy business move by GM; you don’t have to extend to temps benefits like health insurance.

So what’s the buzz about GM today? Crunching the numbers to see if domestic manufacturing jobs can be saved? A close scrutiny of whether shareholder-servicing isn't the best way to run a company? Nope, the buzz is this:

Bloomberg@business
 

Should General Motors scrap its name? Morgan Stanley says maybe https://bloom.bg/2CVmBs7 

 

Should General Motors Scrap Its Name? Morgan Stanley Says Maybe

General Motors Co. management may want to contemplate a name change to get investors thinking differently about the more than century-old company that’s trying to transform itself.

bloomberg.com

Yes, that's right: “General Motors Co. management may want to contemplate a name change to get investors thinking differently about the more than century-old company that’s trying to transform itself,” reads the opening paragraph in a Bloomberg story.

Talk about misaligned priorities. The layoffs will take effect in March.

***

Reposted from AAM

Posted In: Allied Approaches, From Alliance for American Manufacturing

Union Matters

Get to Know AFL-CIO's Affiliates: National Association of Letter Carriers

From the AFL-CIO

Next up in our series that takes a deeper look at each of our affiliates is the National Association of Letter Carriers.

Name of Union: National Association of Letter Carriers (NALC)

Mission: To unite fraternally all city letter carriers employed by the U.S. Postal Service for their mutual benefit; to obtain and secure rights as employees of the USPS and to strive at all times to promote the safety and the welfare of every member; to strive for the constant improvement of the Postal Service; and for other purposes. NALC is a single-craft union and is the sole collective-bargaining agent for city letter carriers.

Current Leadership of Union: Fredric V. Rolando serves as president of NALC, after being sworn in as the union's 18th president in 2009. Rolando began his career as a letter carrier in 1978 in South Miami before moving to Sarasota in 1984. He was elected president of Branch 2148 in 1988 and served in that role until 1999. In the ensuing years, he worked in various roles for NALC before winning his election as a national officer in 2002, when he was elected director of city delivery. In 2006, he won election as executive vice president. Rolando was re-elected as NALC president in 2010, 2014 and 2018.

Brian Renfroe serves as executive vice president, Lew Drass as vice president, Nicole Rhine as secretary-treasurer, Paul Barner as assistant secretary-treasurer, Christopher Jackson as director of city delivery, Manuel L. Peralta Jr. as director of safety and health, Dan Toth as director of retired members, Stephanie Stewart as director of the Health Benefit Plan and James W. “Jim” Yates as director of life insurance.

Number of Members: 291,000 active and retired letter carriers.

Members Work As: City letter carriers.

Industries Represented: The United States Postal Service.

History: In 1794, the first letter carriers were appointed by Congress as the implementation of the new U.S. Constitution was being put into effect. By the time of the Civil War, free delivery of city mail was established and letter carriers successfully concluded a campaign for the eight-hour workday in 1888. The next year, letter carriers came together in Milwaukee and the National Association of Letter Carriers was formed.

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There is Dignity in All Work

There is Dignity in All Work