April 5, 2024 by V Leigh

Trickle Down Economics: How We’re Told it Works vs How it Actually Works

http://stephanepereira.com/work/commercial/renault-catch-me luckily if you switch from video games to microsoft excel and then do it for 8 hours instead of 3, none of these things happen https://t.co/OqHkn5SOA6
— chase (@funnysmartguy12) March 26, 2024

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5 years of Netflix US profit: $15.1 billion

5 years of Netflix executive pay: $652 million

5 years of taxes paid by Netflix: $236 million

In a 5-year span, Netflix paid their top executives nearly 3x what they paid in federal income tax.

Our tax system is corporate-rigged.
— Robert Reich (@RBReich) March 25, 2024

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I have so much distrust for people who are “good at business” because 99 out of 100 business innovations are like: “Company announces revolutionary plan to charge customers more and pay workers less!” https://t.co/azZGQFC28l
— Josh Gondelman (@joshgondelman) April 3, 2024

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when white people do it it’s called a farmers market https://t.co/BZsqQonGla
— Dey (@ShiaLeBoofPack) April 2, 2024

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One of the great achievements of corporate-owned media since the 2020 uprisings is that by fomenting a society-wide panic over low-level crimes of the poor and pitching armed cops as a solution to the fear of poor strangers, the news distorted a whole society’s notion of threat. https://t.co/FiZ6iQ5WQP
— Alec Karakatsanis (@equalityAlec) March 30, 2024

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Once again https://t.co/IvKoHZUqZq pic.twitter.com/d2VUBurEqw
— Read Let This Radicalize You (@JoshuaPHilll) March 29, 2024

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March 28, 2024 by V Leigh

Bosses won’t voluntarily share the wealth that their employees create. This is why we have to fight.

🚨 Workers at Mercedes-Benz’s largest U.S. plant have filed multiple federal charges with the National Labor Relations Board in response to the company’s aggressive and illegal union-busting.https://t.co/gFFhwrx0k9
— UAW (@UAW) March 26, 2024

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Over a century later, an immigrant garment worker in LA who I interviewed for my book told me about how her bosses lock the doors of the factory where she and her coworkers are paid by the piece. https://t.co/P5vvzRIF0M
— Kim Kelly (@GrimKim) March 25, 2024

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Over the past 70 years, corporations have gone from paying a tax rate of over 50% to under 20%. Taxing the rich means forcing these companies to pay their share.https://t.co/8YGEm3ssEr pic.twitter.com/2yryQOe6i9
— More Perfect Union (@MorePerfectUS) March 25, 2024

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Amazon and Space X are fighting in court to have the NLRB declared unconstitutional.

This means the two richest men on earth want to dismantle the agency that holds them accountable for union busting.

Nothing terrifies them more than worker power.
— Robert Reich (@RBReich) March 24, 2024

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Bosses won’t voluntarily share the wealth that their employees create. This is why we have to fight. pic.twitter.com/fkPuoCI01m
— Chris Brooks (@chactivist) March 22, 2024

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March 15, 2024 by V Leigh

The most cunning part of late stage capitalism has been to convince people that they don’t need healthcare, vaccines, clean air or water, so they won’t demand it of their governments.

The most cunning part of late stage capitalism has been to convince people that they don’t need healthcare, vaccines, clean air or water, so they won’t demand it of their governments.
— Amanda Hu (@amandalhu) February 24, 2024

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Wells Fargo is asking for more time to counter expert reports in our lawsuit alleging racial discrimination. This is the 21 century, yet Wells Fargo still engaged in this unconscionable behavior in its lending practices. Now, WITHOUT delay, is the time to hold them accountable!
— Ben Crump (@AttorneyCrump) March 6, 2024

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No, seriously,
They need to stop asking this ridiculous question.

B/c everything else that motivates me ain’t got shit to do w/ this job OR this company.

I am a number to you.
You are a paycheck to me.

And that’s ALL we need to be for each other…nothing more, nothing less. https://t.co/EjunlrwVaS
— Adrian C. Jackson (@AdrianCJax) March 8, 2024

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pic.twitter.com/mAlr3Ih7q8
— Robert Reich (@RBReich) March 7, 2024

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https://t.co/NsbKVIbzFB pic.twitter.com/WIRQJGO6Jc
— Working Families Party 🐺 (@WorkingFamilies) March 1, 2024

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I genuinely believe this should be a viral national story. Google refused to come to the bargaining table after this team unanimously unionized. We bring a reso supporting the workers to council. The day the workers show up to testify on the reso, Google lays off the entire team. https://t.co/KihF9l8Rwp
— André Treiber (@andrebttx) March 1, 2024

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Because people can’t afford rent or groceries.

Rent is now unaffordable for 50% of renters.

2023 saw homelessness rise 12% to a record level.

Things are hard out here for the average person. And Democrats claiming the economy is “booming” only serves to sound out of touch. https://t.co/rGBW6zqZkY
— Nina Turner (@ninaturner) February 23, 2024

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“We have to get back to a nation, and a world, that puts humanity first. That’s not going to happen [through] corporations and businesspeople; it’s going to have to happen [through] labor unions.” — @ShawnFainUAW https://t.co/tE1edTwcdB pic.twitter.com/QBruXYdp8a
— UAW (@UAW) March 12, 2024

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February 24, 2024 by V Leigh

just the phrase “cost of living” is insane

Are we good at being a country? pic.twitter.com/qy8NrjD3vB
— Gareth Reynolds (@reynoldsgareth) February 18, 2024

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just the phrase “cost of living” is insane
— // C H E R E L E // (@HAILCHERELE) February 16, 2024

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Prior to 1982, the SEC considered stock buybacks to be illegal stock manipulation. But under President Reagan, stock buybacks were made legal. Now, instead of investing profits into people, big corporations use them to line the pockets of wealthy shareholders. They’re a scam.
— Robert Reich (@RBReich) February 17, 2024

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This is what I mean when I say the system is rigged for the rich. We need a federal wealth tax. Now. pic.twitter.com/U3vc5XRpLi
— Robert Reich (@RBReich) February 18, 2024

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October 22, 2023 by V Leigh

The UAW strike has put the GOP in a bind: keep pitching themselves as pro-worker or reveal their rhetoric as a masquerade. Yesterday, presidential candidate Tim Scott chose to say what Republicans actually think: “you strike, you’re fired.”

U.S. Fails to Meet International Human Right to Housing Standards https://t.co/0viCLxNZl5
— glenn robinson (he/him) (@glncv) October 8, 2023

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44 million Americans are back to making college loan payments this month because the Supreme Court sided with Republicans on a lawsuit to block President Biden’s student debt relief plan.

Imagine suing to keep Americans in debt!
— Robert Reich (@RBReich) October 3, 2023

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Every map of DC is the same – whether you’re talking about income inequality, food access, transportation access, traffic safety infrastructure, maternal mortality, heat islands, pollution and air quality, etc. This is the result of intentional policy choices and disinvestment. https://t.co/sEuaQ8laGJ
— Erin Palmer (@erinfordc) September 27, 2023

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“Trump did not go to Michigan to support striking workers at all. He did what cheap rich guys do every day: He told people who work for a living to be afraid of losing what little they have instead of trying to get what they deserve.”#StandUpUAW https://t.co/pBVQGcOUCg
— UAW (@UAW) October 1, 2023

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The UAW strike has put the GOP in a bind: keep pitching themselves as pro-worker or reveal their rhetoric as a masquerade. Yesterday, presidential candidate Tim Scott chose to say what Republicans actually think: “you strike, you’re fired.” https://t.co/TEIaJ3Y95q
— Jacobin (@jacobin) September 20, 2023

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September 21, 2023 by V Leigh

To find low-wage workers for their agricultural investments, billionaires like Bill Gates are using a visa program linked to labor abuses and human trafficking. The scam is a far cry from the program’s supposed aim: helping struggling family farmers.

To find low-wage workers for their agricultural investments, billionaires like Bill Gates are using a visa program linked to labor abuses and human trafficking. The scam is a far cry from the program’s supposed aim: helping struggling family farmers. https://t.co/m0NuZ2N8yU
— Jacobin (@jacobin) September 13, 2023

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There’s so much to unpack here. Does Gurner realize that in a consumer based economy a 50% in unemployment would mean fewer consumers to buy goods and services that help all those business that hire employees? This is basic economics. https://t.co/9xCMU5pHM0
— Decoding Fox News (@DecodingFoxNews) September 13, 2023

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Please watch this excellent short documentary on how Roblox is exploiting child labor, training AI on that labor, creating an unsafe place where children are preyed upon by adults, and how Roblox is training the next generation to accept abusive labor practices. https://t.co/gCK4X24za3
— Hannah Lavender ⚔️✨ (@Hannah_illo) September 7, 2023

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These are conservatives. https://t.co/899hZeboUw
— Nina Turner (@ninaturner) September 18, 2023

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I don’t know that I’ve seen the utter disdain for workers put quite so explicitly. Thank you for the absolute clarity on capitalism. https://t.co/nHlDiNmpSJ
— Ida Bae Wells (@nhannahjones) September 13, 2023

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September 18, 2023 by V Leigh

.@UAW workers deserve to have their labor valued, their contributions recognized, and their humanity affirmed. Their struggle is our struggle and I’m proud to have their back every step of the way. #StandUpUAW

BREAKING: The UAW will strike at the Big 3 automakers tonight for 1st time in US History.

To start, they will strike one plant each at Ford, General Motors and Stellantis.
— Lauren Kaori Gurley (@LaurenKGurley) September 15, 2023

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Nearly 13,000 workers from 3 major automakers went on strike on September 15 following the expiration of contracts between the United Auto Workers (UAW) union and auto giants General Motors, Ford, and Stellantis. pic.twitter.com/PCVDH0nUpn
— NowThis (@nowthisnews) September 15, 2023

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This man made $21 MILLION DOLLARS last year. https://t.co/9H3wLk5Vo0
— UAW (@UAW) September 14, 2023

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Love that her answer to this is “92% of my salary is performance based.” She means stock-based, which is due to the Clinton-era loophole avoiding taxation for exec comp. Paying execs mostly in stock distorts and is the hidden driver of buyback trends. https://t.co/V82wcSHLbs
— David Dayen (@ddayen) September 15, 2023

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“In their economy, workers live paycheck to paycheck while the billionaires buy another yacht… So we’re gonna wreck their economy cuz it only works for the billionaire class,” says @UAW prez Shawn Fain in Detroit. pic.twitter.com/E81PXiIfWA
— Teddy Ostrow (@TeddyOstrow) September 15, 2023

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We’re not the problem. Corporate Greed is the problem!#StandUpUAW pic.twitter.com/h65Q7cRrIa
— UAW (@UAW) September 18, 2023

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.@UAW workers deserve to have their labor valued, their contributions recognized, and their humanity affirmed.

Their struggle is our struggle and I’m proud to have their back every step of the way. #StandUpUAW pic.twitter.com/9Q0xvLl0jl
— Ayanna Pressley (@AyannaPressley) September 17, 2023

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As the @UAW strike started, media swarmed union president Shawn Fain.

But when they asked him questions he pointed to the workers around him and said:

“You need to be taking their pictures. You need to be asking these guys what it’s about. This is what we’re fighting for.” pic.twitter.com/GQLIyAlyXc
— More Perfect Union (@MorePerfectUS) September 15, 2023

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September 5, 2023 by V Leigh

The clearest picture of corporate greed in this country is CEO-to-worker pay ratios. 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?

Stock buybacks were illegal until Reagan made them legal in 1982.

Just about the same time, wages stopped rising for most Americans.

Does that sound like a coincidence to you? 🤔 pic.twitter.com/9SfXWvTPSO
— Robert Reich (@RBReich) August 31, 2023

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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.

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.
— More Perfect Union (@MorePerfectUS) August 17, 2023

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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😳

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
— Qasim Rashid, Esq. (@QasimRashid) August 29, 2023

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The clearest picture of corporate greed in this country is CEO-to-worker pay ratios.

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?
— Robert Reich (@RBReich) August 31, 2023

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August 17, 2023 by V Leigh

Four weeks of missing backpay, unsafe living conditions, and physical assault. #Utah Check out Mike Anderson’s video! #TikTok

Four weeks of missing backpay, unsafe living conditions, and physical assault. #Utah

Check out Mike Anderson’s video! #TikTok https://t.co/zLDZl8qk0l
— glenn robinson (he/him) (@glncv) August 12, 2023

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UTAH: @UtahFarmBureau president Ron Gibson arrested for assault after BACKHANDING A FARM WORKER ACROSS THE FACE (video below👇🏾) who was asking for money they were owed — also now being investigated for human trafficking.

FULL: https://t.co/wdoMfCSuxZ pic.twitter.com/RvrWrx5nUh
— The Tennessee Holler (@TheTNHoller) August 14, 2023

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A Utah farm owner arrested for assaulting an employee is now being investigated for fraud and human trafficking.

Farm labor abuse is common. Vulnerable workers are often too fearful to report it. The workers who raised the alarm on this deplorable situation are incredibly brave. pic.twitter.com/gyZZgP6wLs
— United Farm Workers (@UFWupdates) August 14, 2023

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July 11, 2023 by V Leigh

The largest American labor strike in over 60 years is on the horizon.

“Nobody wants to work anymore”

The people’s minimum wage:
2011: $7.25
2012: $7.25
2013: $7.25
2014: $7.25
2015: $7.25
2016: $7.25
2017: $7.25
2018: $7.25
2019: $7.25
2020: $7.25
2021: $7.25
2022: $7.25
2023: $7.25

It’s not a labor shortage. It’s a living wage shortage.
— Public Citizen (@Public_Citizen) July 8, 2023

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DoorDash, Uber Eats and Grubhub are suing New York City to block a new law that sets minimum wages for food-delivery workers.

After years of organizing @LosDeliveristas won a $17.96/hr minimum wage, but the giant gig companies want to keep paying poverty wages.
— More Perfect Union (@MorePerfectUS) July 6, 2023

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“When you’re able to change the law and make it easier and safer for workers to organize, it is always good.”

United Farm Workers has unionized over 500 farm workers in New York… so far. https://t.co/CYbUB5jGgk
— Elizabeth Strater (@straterize) July 6, 2023

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What distinguishes this moment in media is that for the past 20 years the assumption was that we were in a transition from print to online media and now it’s clear that online media is dying and we don’t seem to be transitioning into anything. Just less. https://t.co/A9QYC5aaGK
— Hamilton Nolan (@hamiltonnolan) June 29, 2023

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The largest American labor strike in over 60 years is on the horizon. https://t.co/7lrsrG8QXk
— Mother Jones (@MotherJones) July 6, 2023

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Waffle House workers in Columbia, South Carolina are on strike, citing unsafe working conditions and low pay

“Nobody’s scared, we’re ready. We are going to keep fighting by any means necessary.”https://t.co/uUwhOeLxZ8

pic.twitter.com/Rg4vIP6ajQ
— philip lewis (@Phil_Lewis_) July 10, 2023

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Exactly. Every worker deserves a living wage. pic.twitter.com/MrEwgr7D7r
— More Perfect Union (@MorePerfectUS) July 10, 2023

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Huge day for @LosDeliveristas who defied the odds, took on Big Tech and won in what @SenSchumer called “one of the most exciting and extraordinary examples of new labor organizing in the country.” @THECITYNY first brought you their story in Dec 2020: https://t.co/E5iS0uydGp
— claudia irizarry aponte (@clauirizarry) June 11, 2023

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The climate crisis is a labor issue. Climate catastrophes impact workers, and disproportionately affect frontline, essential workers.

Here’s a thread of what’s happening to workers in this current wildfire emergency, and how they’re organizing around it 🧵
— More Perfect Union (@MorePerfectUS) June 8, 2023

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Oppression Monitor Daily

A Community Village Site

labor

Trickle Down Economics: How We’re Told it Works vs How it Actually Works

Like this:

Bosses won’t voluntarily share the wealth that their employees create. This is why we have to fight.

Like this:

The most cunning part of late stage capitalism has been to convince people that they don’t need healthcare, vaccines, clean air or water, so they won’t demand it of their governments.

Like this:

just the phrase “cost of living” is insane

Like this:

The UAW strike has put the GOP in a bind: keep pitching themselves as pro-worker or reveal their rhetoric as a masquerade. Yesterday, presidential candidate Tim Scott chose to say what Republicans actually think: “you strike, you’re fired.”

Like this:

To find low-wage workers for their agricultural investments, billionaires like Bill Gates are using a visa program linked to labor abuses and human trafficking. The scam is a far cry from the program’s supposed aim: helping struggling family farmers.

Like this:

.@UAW workers deserve to have their labor valued, their contributions recognized, and their humanity affirmed. Their struggle is our struggle and I’m proud to have their back every step of the way. #StandUpUAW

Like this:

The clearest picture of corporate greed in this country is CEO-to-worker pay ratios. 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?

Like this:

Four weeks of missing backpay, unsafe living conditions, and physical assault. #Utah Check out Mike Anderson’s video! #TikTok

Like this:

The largest American labor strike in over 60 years is on the horizon.

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