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CEOs Are Paid For Our Work

The working people’s army are marching together for a better life for all working people. Unions on strike or getting ready to strike should follow the example of the Writers Guild of America, this union’s members have been on strike for four months and counting. WGA’s negotiating committee met today with the Alliance of Motion Picture and Television Producers. No agreement has been met as yet. People thirty and younger are for unions by 88 percent and 90 percent support strikes. Why are thousands of workers across America on strike right now? asks Robert Reich, professor, lawyer, author, artist, and presidents Ford and Carter’s labor secretary. CEO pay has increased 1,460 percent since 1978 while typical workers’ pay increased by 18 percent. When auto CEOs say they can’t afford to pay their workers more, remember that the Big Three have made $250 billion in profits the past decade. Reich points out that stock buybacks became legal in 1982, this is a form of market manipulation. By...

ALEC Using States to Block Wage Hikes

The fight for a living wage continues. Workers are asking for a minimum wage of at least $15 an hour, but in reality it should be $24 an hour had it kept up with inflation and CEOs exorbitant incomes. When workers finally get their local leaders to support a better wage, they then have to deal with a handful of states with conservative lawmakers who get ALEC (American Legislative Exchange Council) to write wage preemption laws to block increasing the minimum wage. There are now four states with such laws. This template for states to block cities and counties from raising the minimum wage in their own communities is taking the voice and vote away from low-wage workers. In order to fight back, there needs to be unions and local lawmakers who should be incensed by what the states are doing in supporting the large food and retail corporations. The corporations don’t leave their profits in these cities, counties and even states. They just take from our coffers by forcing their employees t...

Why Do CEO Deserve Your Raise

While working, you’re selling your life one hour at a time. What is an hour of your life worth? Remember you can never get that hour back, it is gone forever. When you set a price for your hour of life, how do you do it? Are you represented by a union? Or do you just let someone else set the price for your labor? However it is done, it is not working for you or any of the other workers. Nearly one out of every five workers is in a part-time job. Two-thirds are living pay check to pay check. Most are working more hours than they worked decades ago with less vacation or sick leave days. The standard explanation for why all of this has come about is that workers are no longer worth as much as they were before the digital technology boom and globalization. So, they must now settle for lower wages and less security. But top executives of large corporations wage have gone up twenty times that of the workers to three-hundred times today. So who sets the one hour rate? Last year, Wall St...

Our 1 percent vs. China’s

One thing that might help the 99ers and our countries workers get back to work is to not cut wages to keep work here. The corporations and the right say cutting wages stimulates job creation. This is a lie. Soon the 99ers will have no money to buy anything. What we can do to make our corporations more competitive in the world is have single payer-national healthcare or at least right now expand Medicare coverage (lower the eligibility age). This would take the burden off the corporations that provide healthcare which would drop the employee cost. Germany has high labor costs, but it is doing very well in the global economy. It is the most successful social democracy in the world right now. It has a large trade surplus and one reason for this is it has a whole different type of corporations with workers making up one half of the board of directions, and the workers have privileged positions in the company and real power and responsibilities. The Germans also have government sponsor...