On this May Day, Wisconsin groups are rallying in Green Bay to highlight a key issue facing the working class: the ability to retire.
Organizers see fixing systemic issues within Social Security as a key step. The American Federation of Government Employees is co-leading demonstrations around the state, calling on Congress to fully fund Social Security.
Jessica LaPointe, president of the American Federation of Government Employees Council 220, said although the debate has been around for a while, the problems run deep right now, with chronic underfunding resulting in staffing woes at field offices.
She noted staffers are dealing with added stress and beneficiaries feel the impact.
"Service delays are far and wide," LaPointe observed. "It could take more than four months to start your retirement benefits up."
She emphasized it is especially concerning for vulnerable populations at retirement age. Beyond helping with administrative costs, demonstrators want federal lawmakers to come up with long-term funding solutions, amid predictions the program won't be able to provide full benefits a decade from now. Some Republicans have routinely floated cuts but critics of the idea say any future shortfalls should be covered by higher earners.
One recommendation is to adjust the cap on Social Security taxes, but opponents warn of unintended consequences.
Alex Brower, executive director of the Wisconsin Alliance for Retired Americans, which is also supporting the rallies, said retirees on fixed incomes deserve full and expanded benefits for dedicating their working lives to propping up the economy.
"We wouldn't have the schools that we have or any of the systems in our economy without working people," Brower pointed out. "When those working people retire, we are demanding that retirement be dignified."
He added May Day observances, which center around worker solidarity, are a good way to remind policymakers the working class should not fall into poverty when they retire. Similar rallies are scheduled throughout the month.
Disclosure: The American Federation of Government Employees contributes to our fund for reporting on Budget Policy and Priorities, Livable Wages/Working Families, and Social Justice. If you would like to help support news in the public interest,
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A proposed rule from the U.S. Department of Agriculture would clarify fair practices in the American meat industry.
The Fair and Competitive Livestock and Poultry Markets rule would amend regulations under the 1921 Packers and Stockyards Act to define "unfair practices" as business conduct which harms the market and market participants.
Just four companies process about 85% of American beef--the result of a long process of corporate consolidation starting in the 1980s and was exposed during COVID-era market disruptions.
Nick Nemec, a longtime farmer and rancher, said the proposed rule could help.
"If we had -- you know, I don't know what the right number is -- a dozen, 20 packing plants slaughtering beef, then there'd be real competition in the marketplace," Nemec pointed out.
Vice President Kamala Harris, in a speech last week, said competition helps drive down prices. She also promised to support small businesses and implement a first-ever federal ban on price gouging, an approach her opponents called "price control."
Current laws against price gouging exist at the state level and some states do not have laws on it at all.
In South Dakota, Nemec runs a cow-calf operation and said while he does not deal directly with the big four beef corporations, he and his peers still feel the effects of the monopoly.
"We're the little bitty pipsqueaks at the bottom of the food chain," Nemec observed. "There's nothing we can do about it. I mean, we're at the whim of the market."
The comment period for the proposed rule ends Sept. 11.
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As Social Security marks its 89th anniversary, the program's future remains a crucial topic of discussion.
Jennifer Carlson, state director for AARP Ohio, led a community conversation to commemorate the event, focusing on the challenges facing Social Security and the importance of protecting it for millions of Americans. She said the program remains vital for older Americans.
"Ninety-four percent of Ohio's voters age 50 and older are more likely to vote for a candidate who will work to protect Social Security," Carlson reported. "From our viewpoint, if you pay into it and earn through a lifetime of hard work, you should count on it."
During the event, Carlson emphasized the financial challenges facing Social Security, particularly the risk of a 20% benefit cut if Congress does not act. Panelists discussed potential solutions, such as eliminating the payroll tax cap and improving the cost-of-living adjustment formula to ensure the program's long-term solvency.
Carlson argued it is important for the community to stay involved in securing Social Security's future and AARP is committed to helping older Americans navigate their options.
Max Richtmam, president and CEO of the National Committee to Preserve Social Security and Medicare, sought to dispel common myths surrounding Social Security. Richtman addressed one of the most common misconceptions, which suggests Social Security is broke.
"That is untrue, totally false," Richtman stressed. "When people hear that, they think, 'Well, I may as well not support the program because it's going to be broke.' But that's simply not the case."
Richtman explained while the surplus in Social Security's trust fund is being drawn down, it will never be completely depleted unless the country faces 100% unemployment. He also rebutted claims that undocumented workers are draining the system. He pointed out they also contribute to Social Security, but will never collect benefits if they lack a valid Social Security number.
Romina Boccia, director of federal budget and entitlement policy at the Cato Institute, addressed the economic implications of potential solutions and warned raising payroll taxes to avoid benefit cuts could impose a burden on younger workers.
"A U.S. worker earning about $60,000 a year would end up paying more than $10,000 in taxes for to keep the program funded as it is currently," Boccia outlined. "That would be a more than $3,000 tax increase for someone making a fairly modest income."
The event concluded with a clear message: Social Security remains a cornerstone of financial security for millions but its future depends on informed public discourse and responsible political action. A future event is planned in Sioux Falls, South Dakota.
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August is National Black Business Month, and an emerging program in the Milwaukee area is seen as a game-changer in elevating minority-owned businesses trying to get off the ground. This year, several partners launched MKE BOSS - which stands for Build, Operate, Scale and Sustain. The digital platform links entrepreneurs of color with a range of resources, including lending and technical assistance.
Pam Bell, city executive with Self-Help Federal Credit Union, said for a lot of Black and brown business owners, it can be hard for them to navigate the financial services sector.
"Whatever that business is, whether it's food service and you're skilled in that trade, 'But how do I scale this?' - breaking down how much it costs to create a product and, 'How much do I need to put back into my business so that it's profitable?' and all of that," she explained.
The program's partners, including Self-Help, want to help these business owners shape their vision and establish more generational wealth in underserved areas. While this initiative is Milwaukee-centric, organizers hope to create a standard that serves as an inspiration for towns and cities elsewhere. Various rankings describe Wisconsin as one of the worst states for racial disparities.
Wendy Baumann, president of Wisconsin Women's Business Initiative Corporation, another partner, said beyond their assistance, government agencies can step it up by turning to minority-owned business for service contracts.
"County, state, local governments, and all the things that they purchase. Money talks, [and these agencies need to do] direct purchasing from these businesses," she said.
According to the Small Business Administration, 99% of U.S. companies are small businesses - defined as those with 500 employees or fewer. Baumann said that's an important statistic to remember when looking at ways to create a more level playing field within the nation's economy. The BOSS program is funded by a grant from J.P. Morgan Chase.
Disclosure: Self-Help Credit Union contributes to our fund for reporting on Consumer Issues, Environment, Health Issues, Social Justice. If you would like to help support news in the public interest,
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