Tag: 40 Years

The Decades-Long Struggle Over Big Corporations and Poverty Wages

The Senate Parliamentarian dealt a strong blow to the Fight for $15 movement by ruling that a federal minimum wage increase could be included in the stimulus bill. Senator Bernie Sanders is pushing back with an amendment to take tax deductions away from large, profitable corporations that do not pay at least $15 an hour. This is just the latest battle in a struggle over big business wage practices that goes back decades. There was a time when landing a job with a large corporation was, even for blue collar workers, a ticket to a comfortable life — good wages, generous benefits, and a secure retirement. Women and workers of color did not share fully in this bounty, but they generally did better at big firms than small ones.

The Decades-Long Struggle Over Big Corporations and Poverty Wages