Political Quotes

“Mr. President, there are a lots of things we know about American workers today; that is, that workers understand that they are working harder than ever and have less to show for it. Productivity is up. Stock prices are soaring. Executive compensation has gone through the roof. Profits are up, but wages are largely flat. It is not a coincidence, not an accident of the market. It is not an inevitable result of capitalism that compensation for executives just vaults skyward, that profits are up, and that stock prices are up and wages are flat. Capitalism doesn't have to be that way. It is just the way it is now. Wall Street's laser focus on accumulated wealth for people who already have great wealth is by their explicit design. It comes at the direct expense of American workers. That is why I am laying out the case for how Wall Street undermines workers and some of the changes we need to make in this country to grow our middle class and make hard work pay off. Each installment of this series, what we are calling ``Wall Street's War on Workers,'' is posted on my media page. You can follow along at www.medium.com/@SenatorBrown. I have talked about how Wall Street's business model encourages companies to pay workers low wages and to lay off workers. It is the cost of doing business to minimize the expense of workers. Today I want to talk about how corporations use stock buybacks to withhold profits from workers who create them.…”