March, 30 2021, 12:00am EDT
FACT SHEET: Why Sunrise is Demanding $1Trillion/Year Over the Next Decade
Biden, Harris, and Senate Democrats just made history passing the American Rescue Plan, spending $1.9 trillion to provide much needed relief amidst the COVID public health and economic crises. But this $1.9 trillion merely keeps the economy afloat and makes sure people can keep food on the table.
WASHINGTON
Biden, Harris, and Senate Democrats just made history passing the American Rescue Plan, spending $1.9 trillion to provide much needed relief amidst the COVID public health and economic crises. But this $1.9 trillion merely keeps the economy afloat and makes sure people can keep food on the table.
Not only are people still acutely suffering even after this stop-gap support, but our economy and infrastructure are reeling from decades of disinvestment and privatization. On top of all this, scientists tell us that we must transform every aspect of our infrastructure and economy over the next 10 years in order to avert the worst impacts of the climate crisis and preserve life on earth as we know it. Economists agree -- the risk in this moment is not doing too much, but too little. A new economic analysis shows that investments of this scale towards our economic, infrastructure, and environmental crises is the bare minimum of what's needed to get on track. And if we neglect investment now, costs and consequences will only be greater and more destructive.
Indications from the White House point towards Biden introducing an infrastructure plan to invest somewhere around $3-4 trillion. While that's not an insignificant number, it pales in comparison to the scale of the crises we face, and what science and justice demand. In particular, if we're serious about tackling the climate crisis, which Joe Biden has said is the top priority of his Presidency, we must rapidly mobilize to transform every aspect of our economy, society, and infrastructure over the next decade. In the last year of World War II, America spent 40% of our GDP in one year on the war -- equivalent to nearly $8.5 trillion in 2021 alone. The task of transforming our economy and rescuing our planet from the brink of collapse are just as existential to our country now as the war effort was then. $10 trillion over the next decade, or $1 trillion per year, should be the minimum of what we invest towards that task.
If we're serious about actually tackling our nation's crises and "Building Back Better," like Joe Biden promised, we need to solve problems in their entirety, not just put dents in them. Here are some examples of bills that take an approach of actually transforming our economy at the scale necessary:
- Public Transit: Senators Warren and Markey, and Reps. Andy Levin and Ocasio-Cortez's BUILD GREEN Infrastructure and Jobs Act invests in a new sustainable and electric public transit infrastructure. ($500 billion)
- Vehicle Electrification: Senator Schumer's Clean Cars for America plan establishes a vehicle trade-in program for electric vehicles and invests in domestic EV manufacturing and charging infrastructure ($454 billion).
- Public Housing: Senator Sanders and Rep. Ocasio-Cortez's Green New Deal for Public Housing Act to modernize and expand America's public housing stock ($180 billion).
- 21st Century Schools: Rep. Bowman proposes a Green Stimulus to retrofit and upgrade all K-12 Schools ($1.16 trillion).
- Clean Water Infrastructure: Senator Sanders and Reps. Lawrence and Khanna's WATER Act upgrades our nation's shameful and diminished clean water infrastructure to ensure universal clean water in America ($350 billion).
- And in his campaign, Biden already committed to a $300 billion investment in technology Research and Development and $775 billion in building the infrastructure of the care economy.
These proposals already add up to over $3.7 trillion investment and are only scratching the surface of what is needed to truly build the 21st century economy we need. For example, this does not factor in upgrading our private housing and building stocks, transitioning our power sector and electrical grid, upgrading roads and bridges, or investing in farmers, public lands and waters, and conservation.
On top of all this, with so much work to be done, it's time for the government to guarantee good jobs for all. Establishing or enhancing public employment programs to directly put Americans to work in serving the public interest, including the robust funding of a Civilian Climate Corps and a Public Health Jobs Corps will protect people from the risk of unemployment and establishes a labor force to do the critical work of building green infrastructure and caring for one another. It's the best way for us to marshal the full resources of our government and people to transition our energy grid and transform our society, especially as our country deals with a massive loss of jobs, many of which may never return. This must be factored into the cost of an infrastructure package.
In sum, it is clear that if Biden is serious about transforming our economy and building back better, a much greater scale of investment is needed. Sunrise Movement expects a $10 trillion investment in infrastructure, both material and social, over the next decade to meet this moment and take on the crises we as a nation are facing.
Sunrise Movement is a movement to stop climate change and create millions of good jobs in the process.
LATEST NEWS
Biden Labor Department Finalizes Pro-Worker Rules on Overtime, Retirement Savings
"Democrats are delivering for working people!" declared Rep. Pramila Jayapal as the AFL-CIO noted that GOP ex-President Donald Trump "gutted the rules that required overtime pay for millions of workers."
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Roughly 4.3 million U.S. workers will now be eligible for overtime pay under a new rule finalized Tuesday by President Joe Biden's Labor Department—in stark contrast to his Republican predecessor's rules that severely limited the number of workers who were eligible for required compensation when they worked more than 40 hours per week.
Under the new rule, employers will be required to pay overtime premiums to salaried workers who work more than standard full-time hours if they earn less than $1,128 per week, or about $58,600 per year.
Former President Donald Trump, now the presumptive Republican presidential nominee, may now have to defend his 2020 rule that set the overtime pay threshold at just $35,500 per year, leaving out millions of workers.
U.S. Rep. Pramila Jayapal (D-Wash.) noted that the updated rule was "a major piece" of the Executive Action Agenda released by the Congressional Progressive Caucus, which she chairs.
"This is a HUGE pro-worker initiative by President Biden," said Jayapal. "Democrats are delivering for working people!"
Acting Labor Secretary Julie Su, who Biden has nominated to fill the role permanently, said it is "unacceptable" that lower-paid workers "are spending more time away from their families for no additional pay," while hourly workers are eligible for overtime pay.
"This rule will restore the promise to workers that if you work more than 40 hours in a week, you should be paid more for that time," said Su. "The Biden-Harris administration is following through on our promise to raise the bar for workers who help lay the foundation for our economic prosperity."
The Labor Department posted a chart on social media showing how under Trump's policy, only workers who earn less than $688 per week are eligible for required overtime pay. The full rule is set to go into effect in January 2025.
The chart offers a "good split screen with the GOP," saidSlate reporter Mark Joseph Stern.
"It isn't just that Trump's Department of Labor fought overtime pay—it's also that Trump appointed anti-labor judges who are about to block Biden's new rule," he said.
The former Republican president's appointed judges could also block a new Federal Trade Commission rule introduced on Tuesday, which blocks companies from including noncompete clauses in workers' contracts.
"Both reforms happened because of Biden and in spite of Republicans," said HuffPost labor reporter Dave Jamieson.
Along with the overtime rule, the Labor Department announced a new policy aimed at safeguarding people's retirement savings from their financial advisers' conflicts of interest.
The finalized retirement security rule requires "trusted investment advice providers to give prudent, loyal, honest advice free from overcharges," said the department. "These fiduciaries must adhere to high standards of care and loyalty when they recommend investments and avoid recommendations that favor the investment advice providers' interests—financial or otherwise—at the retirement savers' expense."
"Under the final rule and amended exemptions, financial institutions overseeing investment advice providers must have policies and procedures to manage conflicts of interest and ensure providers follow these guidelines," the agency said.
Liz Shuler, president of the AFL-CIO, said the nation's largest labor federation has "been pushing for the fiduciary and overtime rules since the Obama administration."
"It's really this simple," said Shuler. "Every worker deserves their fair share of the wealth they help create and every worker deserves to make sure their hard-earned money is secure."
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More Than 4 Dozen Unions Demand 'End of Repression' of Columbia Protests
"The right to protest is necessary for every struggle, and the direct attack on this right is an attack on labor as well," said the labor groups. "An injury to one is an injury to all."
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More than four dozen labor unions across numerous industries on Tuesday signed a letter expressing solidarity with students who have been suspended and arrested in recent days for protesting at Columbia University, including members of the on-campus labor group Student Workers of Columbia.
Unionized student workers in SWC-UAW 2710 were among the hundreds of picketers who have been protecting the Gaza Solidarity Encampment, which students set up at Columbia on April 17 to pressure administrators to divest from weapons manufacturers, tech companies, and other entities that benefit from Israel's apartheid policies in the occupied Palestinian territories.
The Ivy League institution, protesters say, will remain complicit in Israel's bombardment and blockade on Gaza, the killing of at least 34,183 Palestinians in the enclave since October, and the intentional starvation of dozens of people, until it entirely divests from Israel.
"As workers, we stand in solidarity with our union siblings in SWC-UAW 2710 who were arrested and face suspension," said the unions, including the Mother Jones Staff Union, Irvine Faculty Association, and Cleveland Jobs With Justice. "We call for their and their classmates' immediate reinstatement and for Columbia to drop all charges against them, both legal and academic. We deplore [Columbia president Minouche Shafik]'s actions and call for Columbia to immediately end the repression of protest."
The protests at Columbia—where more than 100 students were suspended, arrested for trespassing, and in some cases, evicted from their housing—have galvanized college students and faculty members at a growing number of universities in recent days.
Campus groups at the University of Minnesota and the University of Pittsburgh both announced early Tuesday that they were setting up their own encampments in solidarity with Columbia students and victims of the Israel Defense Forces' relentless attacks on Gaza, which the International Court of Justice said in January was "plausibly" a genocide.
After police arrested students at the University of Minnesota Tuesday afternoon and broke up the encampment, thousands of members of the school community rallied to demand that the university divest from all arms manufacturers.
Encampments were also erected Monday at University of California, Berkeley and University of Michigan.
Jessica Christian, a photojournalist for the San Francisco Chronicle, reported that students were stopping to "ask what supplies the campers need as they walk by to class" at Berkeley, where roughly 50 tents were set up on Tuesday.
On Monday night, dozens of students at Yale University and New York University were arrested for protesting, setting up encampments, and "disorderly conduct."
The arrests at Columbia last week have not stopped students and educators from speaking out against the administration. A new encampment was set up last Friday and hundreds of faculty members staged a walkout Monday in support of the students.
In their letter, the unions on Tuesday warned that "the repression and criminalization of activists, students, professors, and academic workers across the country are violations of our elementary rights to free speech and protest."
"The right to protest is necessary for every struggle, and the direct attack on this right is an attack on labor as well," said the unions, "An injury to one is an injury to all—if the Columbia students can be repressed for protesting, Columbia workers and all workers could be too. Workers stand in full solidarity with this student movement."
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Plastics Summit 'Die-In' Highlights Need to Cut Production
"This week governments have a choice: Stand up to this slash-and-burn approach by agreeing to radically reduce plastic output, or let the world be held to ransom by a dying industry."
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As the fourth round of talks for a global plastics treaty kicked off in the Canadian capital on Tuesday, campaigners with the corporate accountability group Ekō staged a die-in at Ottawa's Shaw Centre to demand an ambitious plan to reduce production.
"Plastic pollution has reached the snows of Antarctica, the deepest oceans, even the clouds in the sky—and still fossil fuel corporations are trying to ramp up production," explained Ekō campaign director Vicky Wyatt. "This week governments have a choice: Stand up to this slash-and-burn approach by agreeing to radically reduce plastic output, or let the world be held to ransom by a dying industry. It's very clear to people across the planet which way they need to go."
Demonstrators—some wearing fish masks to highlight how plastic pollution impacts marine biodiversity—gathered in front of a 28-foot banner that used plastic trash bags to spell out: "Plastic is poisoning us. Cut production now."
(Photo: Ben Powless/Survival Media Agency)
Participants in the die-in—which followed the weekend's "March to End the Plastic Era" through the Canadian city—held smaller signs with similar messages, demanding that governments and industry "stop fueling climate chaos."
As Common Dreamsreported last week, new research from the Lawrence Berkeley National Laboratory in California shows that planet-heating pollution from the plastics industry is equivalent to that of about 600 coal-fired power plants, and 75% of the greenhouse gas emissions from plastic production are released before the plastic compounds are even created.
The protesters also highlighted that more than 180,000 Ekō members have signed a petition urging action on plastic pollution. The petition specifically calls for banning all plastic waste exports from the European Union and fully implementing the Basel Convention within the bloc, while the summit has a global focus and the plan is to have a treaty by the end of this year.
After countries agreed to draft a treaty two years ago, the latest talks in Kenya last year were flooded by fossil fuel and chemical lobbyists and ended with little progress, increasing attention on the Canadian meeting that began Tuesday and is scheduled to run through Monday.
"It's a crucial moment of this process," Andrés Gómez Carrión, chair of the negotiations and an Ecuadorian diplomat in the United Kingdom, toldReuters on Monday. "One of the biggest challenges is to define where the plastics lifecycle starts and define what sustainable production and consumption is."
Petrochemical-producing countries including China, Iran, and Saudi Arabia "have opposed mentioning production limits" while E.U. members, island nations, and Japan aim to "end plastic pollution by 2040," the news agency reported. The United States supports that timeline but "wants countries to set their own plans for doing so" and submit pledges to the United Nations.
"We are facing a global plastics crisis that requires urgent, global action. Reducing plastic production needs to be a core component of the solution," Christy Leavitt, campaign director at Oceana in the United States, said in a statement. "Countries must act now to stop the flood of plastic pollution that is harming our oceans, climate, health, and communities by starting at the source to reduce its production."
"The U.S. should support a strong, legally binding plastics treaty that addresses the full life cycle of this persistent pollutant from extraction and production to use and disposal," Leavitt added. "Now is the time for the United States to show its support to reduce plastic production, eliminate unnecessary single-use plastics, prohibit hazardous chemicals in plastics, and establish mandatory targets for reuse and refill systems. The United States and the world must act before it's too late."
Greenpeace last month installed a 15-foot monument outside the U.S. Capitol to send President Joe Biden a message.
"He can be the president who put an end to the plastic pollution crisis, or he can be the one who let it spiral out of control," Greenpeace oceans director John Hocevar said of Biden. "We're calling on him to stand up to plastic polluters like Exxon and Dow and put us on a greener and healthier path."
The petrochemical industry, Reuters noted, "argues that production caps would lead to higher prices for consumers, and that the treaty should address plastics only after they are made."
Sam Cossar-Gilbert of Friends of the Earth International emphasized the need to resist corporate pressure in a statement Tuesday.
"A people-powered movement and some governments are proposing ambitious steps to address the plastic problem, like regulating the harmful waste trade, single-use bans, and reducing global plastic production," said Cossar-Gilbert. "But multinational corporations will also be lobbying with their false solutions, distractions, and delays. Only by stamping out corporate capture can we deliver a new global treaty to end plastic pollution."
Mageswari Sangaralingam from the green group's Malaysian arm, Sahabat Alam Malaysia, stressed the need for strong waste management policies, given that Global South countries have become dumping grounds for richer nations' discarded plastic.
"Waste colonialism, whether in the form of trade in plastic waste and other hidden plastics, perpetuates social and environmental injustice," said Sangaralingam. "However, ending the plastic waste trade without reducing plastic production will likely trigger more dumping, cause toxic pollution, and contribute to the climate crisis. The global plastics treaty is an opportunity to plug loopholes and address policy gaps to end plastic pollution."
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