Jun 9, 2014
The last week in May, Michigan legislators passed a “compromise” law to gradually increase the minimum wage to $9.25 by 2018. Lauded by the Democratic Party House minority leader as a tremendous win for Michigan’s working families, nothing could be further from the truth.
It was a cynical ploy by politicians to circumvent the petition drive in which more than 300,000 people had signed in support to raise the minimum wage to $10.10 an hour. They did it in response to this petition drive and to the protests by workers to raise the minimum wage to $15 an hour.
The average pay for CEOs crossed $10 million dollars in 2013. In the last four years, CEO pay packages, on average, climbed more than 50 per cent! A chief executive now makes about 257 times the average worker’s salary, up sharply from 181 times in 2009.
This is the system we live in – where millions of people struggle just to get by – from minimum wage workers, who can barely put food on the table, let alone buy a house, rent an apartment or buy a vehicle – to workers like us – living pay check to pay check. And a few others are wallowing in luxury.
It’s a system, like old fruit, that is rotten, and needs to be tossed out.