No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, July 30, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Economy

How Unions Pave the Way to the American Dream

by TheAdviserMagazine
3 weeks ago
in Economy
Reading Time: 4 mins read
A A
How Unions Pave the Way to the American Dream
Share on FacebookShare on TwitterShare on LInkedIn


Yves here. This article describes how unions, even in an era of weak labor bargaining rights, can secure pay levels and benefits, critically decent health care, and a good level of sick and vacation days, that makes the difference between scraping by and being able to save and plan. One of my brothers who was a union member all his working life and also took every opportunity to get double and triple overtime, built up a seven figure net worth, and not through house price appreciation (values in his area have gone close to nowhere for decades, but being careful with spending and investing well.

It is also seldom acknowledged that unions help white collar workers. Management needs to have social distance between hourly and salaried employees. So many of the terms that unions won, such as cost-of-living adjustments and employer contributions to 401(k)s, would generally be extended to the supervisory and managerial levels.

By Roxanne D. Brown, the international president of the United Steelworkers Union (USW). Produced by the Independent Media Institute

Marcelo Assis recalled how his family arrived in the United States about 35 years ago, “poor as hell”—yet certain that America offered the path forward that they’d never find in their native Brazil or anywhere else.

The following years brought ups and downs, with Marcelo serving as a combat medic in the Army and then falling disillusioned with low-paying nonunion work that held him back instead of helping him move ahead.

But Marcelo ultimately landed back-to-back union jobs that catapulted him into the middle class and firmly anchored him there. Just as he clearly recalls his arrival in this country, Marcelo vividly remembers the moment years later when he looked around his newly purchased home, thought about the good life he provided to his family, and realized for the first time that he’d made it.

“This is the American dream,” he said to himself.

Marcelo’s experience shows how unions pave the way to a brighter future. That’s true even now—a time when the majority of working people feel as though the American dream has slipped out of reach because of rampant economic inequality, skyrocketing costs, and the callous indifference of the greedy rich.

In all, nearly 70 percent of Americans no longer see the country promising mobility or financial security to those who work hard and strive to get ahead, according to a January 2024 ABC News/Ipsos poll.

A separate survey, conducted in conjunction with the nation’s 250th birthday by AP-NORC Center for Public Affairs Research, found that half of respondents lost faith in the American dream. Many see America working for the wealthy, not people like them.

But Marcelo, president of United Steelworkers (USW) Local 12000 and a mechanic at Southern Connecticut Gas, will be the first to say it doesn’t have to be this way. After helping him fulfill the American dream, the union now enables him to hold on to it.

A USW contract provides Marcelo with the good wages he needs to ride out Donald Trump’s inflationary economy, including the runaway costs of groceries, utilities, and house insurance. It affords him retirement security even as Republicans threaten to cut lifelines for the elderly.

The contract delivers quality, employer-sponsored health care, while more and more Americans today have no choice but to put off doctor’s visits or treatments because of the spiraling costs.

“There’s the stability of knowing you have benefits,” Marcelo said of the contract, which he and his coworkers negotiated. “You don’t have to worry.”

This is all fabulous. But it isn’t unique.

Union members across the country make significantly more money than their non-union peers. They’re also more likely to have family leave, paid time off, and work-life balance. This all adds up to cars in the garage, summer vacations, and sports leagues for the kids, along with all of the other pluses that make life worth living.

This is what independence looks like. Marcelo simply calls it the “union life.”

There’s more.

Because unions provide a voice on wages, safety, and other issues, they empower workers at a moment when a depressing sense of helplessness haunts many other Americans.

Union members also forge a bond that transcends the shop floor. Everyone looks out for everybody else, and that’s a formidable counterweight to the epidemic of loneliness and isolation also plaguing the country right now.

Even better, this shared identity galvanizes union members to fight together for the greater good and to assert an ownership stake in their communities, often through the kind of volunteer work and political advocacy that Local 12000 members do.

“Doing it together makes it a much easier climb than doing it by myself,” Marcelo said of the solidarity uniting hundreds of his coworkers.

It’s a message that’s resonating with the growing number of workers weary of working their tails off, only to fall further behind while the rich get richer.

Polls show record levels of support for unions, and workers in every part of the country are joining them to take the future into their own hands.

The American dream endures. We just have to stand together to claim it.



Source link

Tags: AmericanDreampaveunions
ShareTweetShare
Previous Post

BREAKING: Wells Fargo Discloses Huge Crypto Holdings in Bitcoin, ETH, SOL, MSTR, BMNR

Next Post

Personal Privacy vs Police: When Is It Too Much?

Related Posts

edit post
U.S. economy slowed to 1.5% growth rate in Q2; June core inflation at 3.3%

U.S. economy slowed to 1.5% growth rate in Q2; June core inflation at 3.3%

by TheAdviserMagazine
July 30, 2026
0

Economic growth was weaker than expected in the second quarter though underlying drivers were mostly solid. At the same time,...

edit post
The Goal of Socialists Is Socialism — Not Prosperity

The Goal of Socialists Is Socialism — Not Prosperity

by TheAdviserMagazine
July 30, 2026
0

I wrote this piece on socialism almost 10 years ago and with the rise of socialism again in the US,...

edit post
America the Market – Econlib

America the Market – Econlib

by TheAdviserMagazine
July 30, 2026
0

Adam Smith’s publication in 1776 of An Inquiry Into the Nature and Causes of the Wealth of Nations (WN) may not have...

edit post
Can India Become The Next Factory Of The World?

Can India Become The Next Factory Of The World?

by TheAdviserMagazine
July 30, 2026
0

For more than a decade, Prime Minister Narendra Modi has been pursuing one of the most ambitious industrial programs attempted...

edit post
Fed meeting: What a divided committee means for investors

Fed meeting: What a divided committee means for investors

by TheAdviserMagazine
July 29, 2026
0

Federal Reserve Chair Kevin Warsh speaks during a news conference at Federal Reserve Headquarters on July 29, 2026 in Washington,...

edit post
Coffee Break: Ellison Empire Beseiged On All Fronts

Coffee Break: Ellison Empire Beseiged On All Fronts

by TheAdviserMagazine
July 29, 2026
0

Things have only gotten worse for the Ellison family tech and media empire in the last week as they face...

Next Post
edit post
Personal Privacy vs Police: When Is It Too Much?

Personal Privacy vs Police: When Is It Too Much?

edit post
5 Positive Signs Your Trading Is On Track

5 Positive Signs Your Trading Is On Track

  • Trending
  • Comments
  • Latest
edit post
Georgia Senior SNAP and Meal Resources Older Adults Can Use

Georgia Senior SNAP and Meal Resources Older Adults Can Use

July 24, 2026
edit post
New Jersey Tax-Relief Events: Three July Dates Near Seniors

New Jersey Tax-Relief Events: Three July Dates Near Seniors

July 13, 2026
edit post
Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

July 8, 2026
edit post
Retail giant exits U.S. fashion after multi-million-dollar scandal

Retail giant exits U.S. fashion after multi-million-dollar scandal

July 1, 2026
edit post
Top Democrats Are Trapped in a Catch 22

Top Democrats Are Trapped in a Catch 22

July 6, 2026
edit post
2 judges suspended in separate cases after being indicted on criminal charges

2 judges suspended in separate cases after being indicted on criminal charges

July 9, 2026
edit post
Fed decision redline: Here’s what changed in the second statement under Warsh

Fed decision redline: Here’s what changed in the second statement under Warsh

0
edit post
KPIT Technologies shares crash 7% after profit falls 32% to Rs 117 crore in Q1

KPIT Technologies shares crash 7% after profit falls 32% to Rs 117 crore in Q1

0
edit post
Has OpenAI already quietly hit pause on some AI development?

Has OpenAI already quietly hit pause on some AI development?

0
edit post
Chart of the Week: AI’s Competitive Edge

Chart of the Week: AI’s Competitive Edge

0
edit post
The Trust in Media Boondoggle – Full Episode – LN Radio

The Trust in Media Boondoggle – Full Episode – LN Radio

0
edit post
Hazelnut Spread only .33 shipped!

Hazelnut Spread only $1.33 shipped!

0
edit post
Has OpenAI already quietly hit pause on some AI development?

Has OpenAI already quietly hit pause on some AI development?

July 30, 2026
edit post
Chart of the Week: AI’s Competitive Edge

Chart of the Week: AI’s Competitive Edge

July 30, 2026
edit post
World’s longest glass water slide drops nearly 1.4 miles down a Chinese mountain

World’s longest glass water slide drops nearly 1.4 miles down a Chinese mountain

July 30, 2026
edit post
Hazelnut Spread only .33 shipped!

Hazelnut Spread only $1.33 shipped!

July 30, 2026
edit post
Psychology says the reason competent, dependable people often feel invisible in their own families isn’t modesty, it’s that they became the person everyone relies on before anyone thought to ask what they needed

Psychology says the reason competent, dependable people often feel invisible in their own families isn’t modesty, it’s that they became the person everyone relies on before anyone thought to ask what they needed

July 30, 2026
edit post
Cardano Price Prediction: Can ADA Rally as ETF Eligibility Nears August 9?

Cardano Price Prediction: Can ADA Rally as ETF Eligibility Nears August 9?

July 30, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Has OpenAI already quietly hit pause on some AI development?
  • Chart of the Week: AI’s Competitive Edge
  • World’s longest glass water slide drops nearly 1.4 miles down a Chinese mountain
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.