Opinion Editorial

Opinion Editorial - The economic power of Obama's pen By...

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The economic power of Obama's pen By requiring federal contractors to treat workers fairly, such as by paying them a living wage, the president could create far-reaching positive effects on the economy. With the stroke of a pen, President Obama could do more for the economy than the second stimulus measure that's going nowhere fast. He can create the good jobs our economy needs by using the power of federal contracting to reward employers that improve job standards. An executive order to encourage federal contractors to provide their workers with, among other things, a living wage, would require no legislation, no battle in Congress. Unemployment is stuck near the double-digit mark, but that average blurs the patchwork crisis facing workers. Washington plays the partisan fiddle, as the nation urgently needs to create more good jobs. It is likely that a large part of the private-sector job growth in this limping recovery will be in industries that pay low wages. But wages at the bottom are stagnant, and millions of workers are exploited by companies that cheat on paying the minimum wage and other basic protections. From Lyndon Johnson's executive order banning racial and gender discrimination, to Richard Nixon 's affirmative action goals and timetables, to Jimmy Carter
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Opinion Editorial - The economic power of Obama's pen By...

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