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Building Trades Unions leader supports ARRAct legislation

03.12.10

MARCH 2010 Scranton/Wilkes-Barre/Hazleton edition of The Union News

Building Trades Unions leader supports ARRAct legislation

BY PAUL TUCKER
THEUNIONNEWSSWB@AOL.COM

REGION, February 26th- February 17th was the first anniversary of the signing by President Obama of the American Recovery and Reinvestment Act (ARRAct) and the legislation has helped workers employed in the construction industry, according to Mark Ayers, President of the Building and Construction Trades Department in Washington, DC.

The Building and Construction Trades Department is an alliance of 13 national and international unions that collectively represent 2.5 million skilled craft professionals in the United States and Canada. The council is an affiliate of the American Federation of Labor and the Congress of Industrial Organizations (AFL-CIO).

Nationwide, more than 80 billion dollars was pumped into the United States economy during the third quarter of 2009 alone. As that money made its was to Main Street, the Gross Domestic Product (GDP), after four quarters in the negative column, began to grow again.

According to Stephen Herzenberg, an Economist and Executive Director of the Keystone Research Center (KRC), “absent that action, unemployment today could easily be fifteen percent on its way to twenty percent, and we’d find ourselves in the grips of another Depression.”

KRC is a nonprofit economic research organization in Harrisburg.

Mr. Ayers stated at the outset of 2009, the American economy was in serious trouble and it was battered and bruised by the collapsing housing and credit bubbles, and the resulted was massive job losses in every sector of the economy, especially the United States constuction industry.

“Despite its detractors, the evidence is clear, the American Recovery and Reinvestment Act is working and has helped our nation turn a corner through sound investments that are creating jobs, tax cuts for the middle class, and much-needed CORBA and unemployment insurance benefits for working Americans. However, we must continue efforts to fundamentally strengthen our economy, as we know there is no such thing as a jobless recovery,” said Mr. Ayers.

Mr. Ayers added that working people expect the United States Congress and the Obama Administration to address the concerns of the American people and the Building Trades Unions stand ready to assist them in any meaningful efforts to put Americans back to work.

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