Joe Biden: "I'm a Union Guy."

[Kid Berwyn]

Joe Biden Just Made The Strongest Presidential Pro-Union Statement In Decades

Jason Easley
PoliticusUSA, March 31, 2021

While speaking in Pittsburgh, PA, President Biden said that he is a union guy, and it is time that unions get a piece of the action.

Link to tweet

Source: https://www.politicususa.com/2021/03/31/biden-unions-pittsburgh.html

There really is a difference between the two major political parties. It’s why elections matter.

[Wounded Bear]

1. Reagan was a "union guy" too, at one time. Then he destroyed them...

[Kid Berwyn]

2. Thing is, President Joseph R. Biden, Jr. has integrity.

After 49 years, it’s way past time for ending Trickle Down Economics and Welfare for the Wealthy.

[Wounded Bear]

3. Right on both points!

[Kid Berwyn]

4. "Union jobs built the middle class."

One more, my Friend:

If the minimum wage kept up with CEO/Wall Street Bonus class pay, it would be $44/ hr.

Details:

Wall Street pay v. the minimum wage

Since 1985, the average Wall Street bonus has increased 1,217 percent, from $13,970 to $184,000 in 2020. If the minimum wage had increased at that rate, it would be worth $44.12 today, instead of $7.25.

The total bonus pool for 182,100 New York City-based Wall Street employees was $31.7 billion—enough to pay for more than 1 million jobs paying $15 per hour for a year.

These bonuses come on top of salary and other forms of compensation. The average salary (with bonuses) for all securities industry employees in New York City was $406,700 in 2019. At the very top end, CEOs of the top five U.S. investment banks hauled in an average of $27.9 million in total compensation in 2019.

Because the very rich can squirrel away much of their income, huge Wall Street bonuses don’t have nearly the stimulus effect as raising pay for low-wage workers who have to spend nearly every dollar they make.

Sources: https://www.commondreams.org/views/2021/03/31/if-minimum-wage-kept-pace-wall-street-bonuses-1985-it-would-be-worth-44-today

[canetoad]

7. +1,000

The daily effort of any human should never be worth thousands of times more than any other human.

[crickets]

5. Go, Joe! ✊ K&R

[Kid Berwyn]

6. Vice President Joe Biden remembered Detroit.

During the Detroit bankruptcy, when most of Washington pretended they never heard of The Motor City, VP Joe Biden stepped up and helped keep public transportation going, including money for 50 new busses and repairs for 100 in the fleet.

Detroit was the Arsenal of Democracy and the birthplace of the Great American Middle Class —thanks to organized labor and fair wages paid by US auto manufacturers.