Public employees protesting Gov. Scott Walker’s plan to weaken collective bargaining in Wisconsin have been joined by steelworkers, teamsters, nurses, airline pilots, and other private sector workers. In state capitals around the country, supporters rallied as well.
Other states are watching Wisconsin's bid to virtually break labor unions as a means of cutting huge deficits. Unions in Wisconsin and beyond see this as a Waterloo moment.
House Speaker John Boehner says 'so be it' if budget cutting puts government employees out of work. In the end, would that help the unemployment rate or hurt it?
Congress is considering legislation that would punish China for devaluing its currency, a policy the Obama administration regards as hindering US jobs growth. But some say protectionism is even more costly.
State and city budget cuts could offset the federal stimulus's effects.
On average, state workers make $39.66 an hour, have traditional pensions untouched by stock market moves, and are laid off at one-third the rate of private-sector workers. Considering concerns about the federal budget, are government jobs too cushy?