by Lindsay Beyerstein
How our blog got its name
Sidney Hillman was a powerful national figure during the Great Depression, a key supporter of the New Deal, and a close ally of President Franklin D. Roosevelt.
When the rumor spread that President Roosevelt ordered his party leaders to “clear it with Sidney” before announcing Harry S. Truman as his 1944 running mate, conservative critics turned on the phrase, trumpeting it as proof that the president was under the thumb of “Big Labor.”
Over the years, the phrase lost its sting and became a testament to Hillman's influence.
It's hard to imagine a labor leader wielding that kind clout today, but we like the idea—and we hope Sidney would give thumbs up to our blog.
Walmart Promises to Buy More American Goods (Where's the Catch?)
Eager for positive publicity in the wake of the Bangladeshi factory fire that killed over a hundred workers, Walmart pledged Tuesday to source more of its goods in the United States.
How much more? Well, Walmart promised to buy an additional $50 billion worth of American goods over the next decade. The New York Times crunched the numbers and found that $5 billion per year would be about 1.5% of what Walmart spends to buy and transport merchandise annually.
So, while a few American manufacturers will welcome the extra business, Walmart isn't exactly pledging to change its business model.
[Photo credit: brandonevano, Creative Commons.]