Auto workers are demanding a 40% raise to match the 40% pay increase CEOs of the Detroit automakers got over the past 4 years.
CEOs are calling this absurd, but they couldn’t be more wrong.
THIS IS A COMPROMISE. Why? Because worker’s real wages have fallen 30% over the past 20 years. They’re foregoing 16 years of wage theft for 4 of equity, and consistent equity going forward. That’s basic justice.
Pay workers. Unionize workers. Tax billionaires. Save our economy.
(via Mastodon)
This will be an interesting story to follow. My heart is with the workers here, despite my own position in the company.
