naeemthmSep 16, 2023
Qasim Rashid, Esq.

Auto workers are demanding a 40% raise to match the 40% pay increase CEOs of the Detroit automakers got over the past 4 years.

CEOs are calling this absurd, but they couldn't be more wrong.

THIS IS A COMPROMISE. Why? Because worker's real wages have fallen 30% over the past 20 years. They're foregoing 16 years of wage theft for 4 of equity, and consistent equity going forward. That's basic justice.

Pay workers. Unionize workers. Tax billionaires. Save our economy.

Sep 15, 2023 at 2:18pmWeb
Show threadTanya Kasim VOTEDSep 15, 2023
@QasimRashid And end Citizens United once and for all!
Show threadKennethSep 16, 2023

@TanyaGKasim
Citizens United decided that money was speech. Money talks after all ...

@QasimRashid

Show threadTanya Kasim VOTEDSep 19, 2023
@Kencf618033 @QasimRashid That's what really ticks me off.
Show threadTC Won't Give In To LiesSep 15, 2023

@QasimRashid
If you want a middle class, #SupportUnions.

It's that simple.

Show threadShadowbottleSep 15, 2023
@QasimRashid @monkeyborg
Show threadRichy222Sep 15, 2023
@QasimRashid
Show threadMaybeMyMonkeysSep 15, 2023
@QasimRashid CEOs can’t justify their pay increases so they start projecting. Besides they are actually protecting the executive bonus structure.
Show threadStephan EggermontSep 15, 2023
@QasimRashid it is absurd. There is no reason for a relative increase. Take the same absolute one
Show threadAviva GarySep 15, 2023
@QasimRashid yes... do it
Show threadProtectiveHenSep 15, 2023
@QasimRashid More than that, we need to ensure a just transition - electric car-making does not provide as many jobs/as much work. Let's incentivize auto workers toward an electric future.
Show threadDrewMontagnaSep 15, 2023
@QasimRashid Reagan destroyed the middle class. Screwed the unions. Lowered the marginal tax rate for the wealthy from 70% to 28%. Inflation continues. Wages flatlined. Minimum wage should be $20/hr. If it were to be increased at the same rate as inflation. That’s a conservative estimate. Today, the wealth gap is astronomical. Fuck the rich. Their greed obsession is destroying the majority of Americans opportunity for a better life.
Show threadGreenerFuturesSep 15, 2023

@QasimRashid I bet if you look at their annual reports they’ll all say they have wonderful ESG policies in place & owe their success to the quality of their employees.

Elsewhere in the report it will say the CEOs remuneration reflects the increase in ‘shareholder value’ achieved.

And there’s the rub. What about ‘employee value’?

And yup, it’s exactly that here in UK & why so many are walking away from snake tongued employers.

#employeesarepeoplenotrobots

Show threadBrettSep 15, 2023
@QasimRashid It's an even worse compromise because the UAW compromised first and gave up their inflation pegged raises during the bailouts because the automakers cried poor and then just never got that benefit back. And then massive inflation happened.
Show threadThomas Lee ✅ Sep 15, 2023
@QasimRashid This is going to be interesting...
Show threadartisanroxSep 15, 2023

@QasimRashid

CEOs: "A 40% pay raise!? ABSURD!!"

also CEOs: *gives self another bonus*

Show threadRichy222Sep 15, 2023
@QasimRashid
Show threadErin O'RiordanSep 15, 2023
@QasimRashid #unionstrong #strengthinnumbers
Show threadonecaliberalSep 16, 2023
@QasimRashid They all need to strike and bring these pricks to their knees.
Show threadChris TurnbowSep 16, 2023

@QasimRashid

Hard to argue against the notion that the people who create the wealth, deserve a fair portion of that wealth...

Show threadMo Ⓐ☭🇵🇸Sep 16, 2023
@QasimRashid if you can't raise everyone's wage by the same as the CEO's, maybe the CEO's wage increase was unsustainable
Show thread@[email protected]Sep 16, 2023
@QasimRashid
I'd like to see all industries demanding that worker increases match CEO increases.
Show threadChris Sherbak (Drubear)Sep 16, 2023
@QasimRashid Kevin Drum has a quick writeup on this - with a graph! https://jabberwocking.com/raw-data-hourly-pay-in-the-auto-industry/
Raw data: Hourly pay in the auto industry - Kevin Drum

Here is the average hourly wage for auto workers over the past 30 years: The view of the auto workers is that back when the industry was in trouble they made a lot of concessions on pay to keep the companies in business. Adjusted for inflation, auto workers today make about $12 per hour less than they did in 2005.¹ Now that

Kevin Drum
Show threadmystixa 🎶🎧Sep 17, 2023

@QasimRashid I agree the workers should get increases AND the exec pay should be brought back down to reasonable levels probably to a point they were at in even the 70s or before. That is still a wealth gathering wage for them.

However it doesn't seem reasonable to ask for pay and benefits for the workers that goes back over 20 years. That timeframe covers the the time when they went bankrupt and had to shed costs and receive government bailouts to continue.

Show threadˈdälfən™🐬 💥 🌊Sep 18, 2023
@QasimRashid Yes and it’s just pocket change to them