As inflation continues, CEO pay & corporate profits reach all-time highs - Publication Date |
- Nov 01, 2022
- Episode Duration |
- 00:52:12
On this edition of Your Call, we're discussing inflation and the economy.
Corporate profits and CEO pay surged to an all time high this year, while more people than ever are taking second jobs to make ends meet. Corporate profits account for over half of the higher prices people are paying, according to the Economic Policy Institute.
Democrats have implemented policies to help workers, but advocates say they must go further. Republicans plan to make the Trump tax cuts for the wealthy and corporations permanent.
Guests:
Saru Jayaraman, president of One Fair Wage, co-founder of the Restaurant Opportunities Center, director of the Food Labor Research Center at UC Berkeley, and author of four books, including One Fair Wage: Ending All Subminimum Pay in America
Dean Baker, co-founder and senior economist of the Center for Economic and Policy Research, and author of several books, including Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer