This is what happens when you DO NOT regulate the private industry

Dan Price @DanPriceSeattle
I cut my CEO pay by a million dollars so all workers could make at least $70,000 per year.
The gov’t subsidizing the mega corporations. Its an understood thing. Underpay workers. Subsidize the company to pay these workers. Make it up in government transfer payments to these people.
Amazon, led by the richest person in U.S. history: *Paid 0 federal income tax in 2017/2018 and 1% in 2019 *Received $3 billion in taxpayer subsidies for local offices & warehouses *Top recipient of food stamps & Medicaid for employees, meaning taxpayers subsidize low pay/benefits
When a regular person goes broke, “they shouldn’t have bought an iPhone or avocado toast” When a billionaire with 3 yachts, 5 mansions and a near-zero effective tax rate lays people off, “that’s just the economy”
Sources on that

Companies with most workers on food stamps & Medicaid

Amazon Burger King
70% work full-time
“it’s a company’s choice to pay workers less”

But your tax money subsidizes low wages/lack of health care so corporations can profit more

Why don’t we advocate a ‘living wage’?
In NZ the living wage is $20.50 per hour.
People keep asking: why didn’t Republicans re-authorize $600 unemployment benefits when it would have won them so many votes?
Because without unemployment, you force people to work to survive. And then there’s no worker shortage for big companies that bankroll their campaigns.
Tyson Foods ordered employees to report for work while supervisors privately wagered money on the number of workers who would be sickened by the deadly virus.”

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