Yes! And in general, pay them a living wage. Also: pressure your local government to build more affordable housing in your town. Family homelessness is at record levels, and NIMBYism is partially to blame. Use your clout for good. and say YES in my back yard!
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Economics: marginal product primarily determines wage growth and a top Obama economist notes lower productivity versus the 90s (not inequality, which is recently falling) explains the ~2% wage growth that is lower than 90s Good to be factualhttps://www.vox.com/the-big-idea/2018/7/31/17632348/wages-lagging-inequality-income-recovery-recession-wage-puzzle-economics …
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See prices matter, set based on negotiating and assessing the productivity of workers Argue for more bargaining power for workers..fine Just saying "raise wages randomly CEOs" is just childish unintellectual ramblings
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"In the past three years, workers in the bottom two-fifths of the income distribution have seen comparable or faster real wage growth than they did in the late 1990s. Higher earners, meanwhile, have seen much slower wage growth than they did in the 1990s" -
@jasonfurmanpic.twitter.com/eG9PqFi51X
End of conversation
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On Labor Day, they could also announce even a fractional reduction in their CEO pay or announce they're reinvesting in employee comp / benefits etc vs stock buybacks.
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Or maybe they can just shave some cheddar over their heads
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But but but how can they do that and still pay themselves a Million $ a week ???
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in argentina everyone gets that bonus, it’s called aguinaldo and it’s a law. paid twice: at half of year and then on christmas. the problem? our currency is a mess.. probably due to these kind of interventions among other things.
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