@RBReich
Robert Reich
a month ago
When I graduated college in 1968, the typical corporate CEO got 20 times the pay of the average worker. When I became labor secretary in 1993, the ratio was 61-to-1. Today, the ratio is 320-to-1. Capitalism is off the rails.
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Replies

@whoistaneesh
In hiding
a month ago
@RBReich I miss u as labor sec :(
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@WaltTheStalt
Walter Williams
a month ago
@RBReich That's what the Native Americans said.
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@SmithSmithLisa
LISA SMITH
a month ago
@RBReich It's the gilded age on steroids.
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@shoobe01
Steven Hoober. No, with a "B."
a month ago
@RBReich And I remember seeing stuff (not just in thinkpieces, but like heist movies to justify robbing the fat cat boss) that 20:1 was outrageous.
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@LuC4zNytMare
LuC4zNytMare
a month ago
@RBReich 20x the average worker's pay is a good living anywhere in the Country. 320x is Obscene!
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@leftyaaron
aaron
a month ago
@RBReich Capitalism is doing what it was designed to do: exploit the working class and enrich the capitalist class Smarty pants economists always seem surprised that capitalism is just achieving its obvious conclusions.
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