Jack Saturday

Monday, May 02, 2016

Anti Wage-Slavery Pro-Freedom Quotations Of The Week 1449-1451

To the Editor: The toxic work environment we have today simply reflects our current American values. Employees were once a valued part of the organizations I worked for. Now they are disposable parts. Our children have been raised to value material gain at the cost of lifestyle and positive human experience, and we are paying the price in lower happiness and higher stress and related disease. This won’t change until our culture changes.
Bailey, Colo.
NYT Sunday Review | Letters

 ...taxpayers continue to pick up the difference between what fast-food workers earn and what they need to survive. An estimated $1.2 billion a year in taxpayer dollars goes toward public aid to help people who work at McDonald’s.

At the same time, McDonald’s is under fire in Europe for shifting profits to Luxembourg in ways that allow the company to avoid tax in Europe and in the United States.
At McDonald’s, Fat Profits but Lean Wages

By THE EDITORIAL BOARD APRIL 28, 2016 New York Times
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Equilar notes that Discovery Communications CEO David Zaslav makes $156.1 million a year ($74,796.36 an hour), or approximately 1,951 times as much as his average employee. Doug McMillan, the CEO of Wal-Mart takes in $25.6 million ($12,266.41 an hour), 1,133 times as much as the average experienced store associate, who earns roughly $22,000. Other highly-paid CEOs include Larry Merlo, the CEO of CVS Caremark, who makes 422 times as much as CVS employee, meaning that he earns an average worker’s yearly pay by 1 PM on his first work day of the new year; and Goodyear CEO Richard Kramer, who pulls in as much as an average Goodyear employee’s yearly pay by 3:00 PM on January 1st.
As the gap between the wealthy and the working-class continues to grow, the federal minimum wage remains stagnant at $7.25 an hour, or a little more than $15,000 a year, far below the $24,000 poverty line for a family of four.

Do you find this state of affairs upsetting?

Big Crony CEO Pay Grab--Effects Beyond Greed!

Ralph Nader

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