Judd Legum

@JuddLegum ↗

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Last Checked June 23, 2022

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Tue Jun 07 12:36:08 +0000 2022

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Judd Legum @JuddLegum

2. A new study by @IPS_DC of 300 publicly traded companies found that, in 2021, they increased CEO pay by $2.5 million and worker pay by $3500. At 106 of these companies, wage increases did not keep pace with inflation. https://t.co/ZRbf2ye1FM — PolitiTweet.org

Posted June 7, 2022

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Judd Legum @JuddLegum

1. 2021 could have been a banner year for workers. Instead corporations fixated on boosting CEO pay and inflating stock prices with buybacks. 🧵 https://t.co/ZRbf2ye1FM — PolitiTweet.org

Posted June 7, 2022

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Judd Legum @JuddLegum

3. Among the 106 companies with wages that did not keep pace with inflation, 67 "spent resources buying back their own stock, a maneuver that inflates executive stock-based pay." These companies collectively spent $43.7 billion on share repurchases. https://t.co/ZRbf2ye1FM — PolitiTweet.org

Posted June 7, 2022