Highlights

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The companies have raked in roughly a quarter of a trillion dollars in profits in North America over the past decade; those profits have soared 65 percent over the past four years alone. Their CEOs have been handsomely rewarded for such success, with their pay rising 40 percent over the same period, even as workers’ real wages have declined 30 percent.

✏️ What wage discrepancy looks like between elite and working class 🔗 View Highlight

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Average car prices are up 34 percent over the past four years, but labor cost per vehicle is up only 4 to 5 percent. In other words, company price gouging, not workers, are to blame for rising costs to consumers.

✏️ Basically don’t believe the propaganda that labor rates affect price increases.. It’s just plain old greed. 🔗 View Highlight