Good news, people, Fox “news” is reporting our country is so great you can work until you drop dead. Isn’t that wonderful? It didn’t report what kind of job you’ll be slaving away at, but you won’t be able to retire so don’t quit your job. Fox did not address stagnate wages, escalating housing and basic needs costs, full-time jobs being replaced by gig jobs and inequality created by the pay gap between CEOs and the workers. In the 1950s and until 1965, this gap was 20 to 1. In the 1970s through 2014, the gap began to widen and then in a steroid induced greed, CEO compensation increased 997 percent compared to the 10.9 percent growth in a typical worker’s compensation. Today, the disparity stands at 354 to 1. This doesn’t factor in the disparity between minimum and median wage workers, which is higher in the U.S. than any other industrialized country. On average, a typical median wage worker earns $905 a week versus a minimum wage worker earning $209. There are numerous posts on this
This blog is a quick read about concerns, whether local or international, facing union and non-union workers.