buy disulfiram paypal Stock buybacks were illegal until Reagan made them legal in 1982.
— Robert Reich (@RBReich) August 31, 2023
Just about the same time, wages stopped rising for most Americans.
Does that sound like a coincidence to you? 🤔 pic.twitter.com/9SfXWvTPSO
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Reminder: the life expectancy for Black men in the United States is 68. https://t.co/ZOUcWr1v33
— Nina Turner (@ninaturner) August 25, 2023
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Reading this data about wage theft in NY restaurant industry. Employers stole $52 million from 2017 to 2021. https://t.co/C1rryFTACg pic.twitter.com/P0jlZUX4W7
— Clarissa A. León (@clarissaleon) August 23, 2023
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Health care companies are using debt to trap nurses on the job https://t.co/PmwiM8y3Kc
— Mother Jones (@MotherJones) August 22, 2023
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Former Tesla workers recently described their work conditions.
— More Perfect Union (@MorePerfectUS) August 17, 2023
They talked about collapsing from dehydration, working on the factory floor up to 12 hours a day 7 days a week, sleeping on the floor, and throwing up.
There was even a sewage leak workers were told to work through.
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South Carolina is among the 10 states with the highest poverty rate, median household debt, & rate of foreclosures. It also has the lowest union density rate in the country. *Someone’s* “tainting the water” there and it ain’t unions… https://t.co/vbhKS0YGJx
— Maximillian Alvarez (@maximillian_alv) August 22, 2023
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.@ChipotleTweets fined $322K for violating child labor laws 800X. Previously they paid $15M fine for wage theft & $25M fine for food poisoning😳
— Qasim Rashid, Esq. (@QasimRashid) August 29, 2023
They got $200M in Corp tax cuts, paid their CEO $38M, spent $100M spent on HQ, enjoy a $38B market cap—but pay their workers $13/hr.😑 https://t.co/nDOcn4uOHH
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The clearest picture of corporate greed in this country is CEO-to-worker pay ratios.
— Robert Reich (@RBReich) August 31, 2023
At the 100 lowest-paying major US companies, CEO pay averages $15.3 million.
Median worker pay at these companies is just $31,672.
That’s a ratio of 603 to 1.
How can anyone defend this?