The historic UAW strike puts an exclamation point on more than a decade of efforts by Washington lawmakers to narrow the pay gap between top executives and workers.
The historic UAW strike puts an exclamation point on more than a decade of efforts by Washington lawmakers to narrow the pay gap between top executives and workers.
This is mathematically true (ish) but it misses the point. Super-rich people don’t spend their money, they use it to outbid other rich people for control of existing assets, control media platforms, and schmooze politicians. So your rent and bills go up while your pay goes down.
You need much more than simple arithmetic to describe this problem.