Political Quotes

“working people are sick and tired of corporate greed. It is time to say enough is enough. Last year, Starbucks CEO Brian Niccol made almost $96 million. The average Starbucks worker made less than $15,000 a year. They would have to work more than 6,000 years to match Starbucks' CEO pay. While Starbucks is among the worst, it is not the only one in the United States. Among the 100 S&P 500 companies with the lowest worker pay, the average CEO makes 632 times more than their workers. This is absurd, and it is immoral. It is corporate greed. It leads to income inequality in our country and drives wage stagnation. It doesn't have to be like this. This is why I am introducing the Tax Excessive CEO Pay Act. While these CEOs float around on their yachts, millions of Americans, our residents, are drowning in credit card debt and struggling to keep their heads above water. This level of inequality is a threat to our democracy, and this kind of economic power concentrated in a few hands truly hurts our families. CEOs in the 1970s made roughly 25 times the average pay of their workers. Today, it is 290 times more. I want folks to think about that because these are workers who depend on us, the Federal Government, to subsidize these poverty wages. They are on Medicaid and getting food assistance because their CEOs are focused on profit and their own pay instead of taking care of their workers.”