|
It’s officially been 13 years since Congress raised the federal minimum wage – and the $7.25 per hour poverty wage has only decreased in value. Because leaders from both parties left wages stagnant while prices kept rising, the Economic Policy Institute just warned that today’s minimum wage has less spending power than at any point in the last 66 years.
|
At the same time that workers on the bottom of the wage scale are earning record lows, the highest wage-earners are taking home record pay. That’s because elected leaders have spread decades of trickle-down lies that have helped the rich get richer while American workers struggle to get by.
|
We’re putting trickle-down myths to rest – and because you’re one of our top supporters, we created a special quiz to help you learn the dirty secrets that ultra-rich executives try to hide. Will you take just 60 seconds to test your knowledge on the minimum wage and pay inequity?
|
|
Question 1: At S&P 500 companies, how much higher is the average CEO’s salary compared to their median worker’s?
|
|
Lock in your response to begin our quiz now >>>
|
|
Americans recognize that the inequality between our highest and lowest earners has grown too large. A JustCapital survey this year found that 73% of respondents believe that CEOs are paid too much, with just 13% claiming that CEO compensation is set at "just the right amount." The obvious way to raise the floor for American workers is to increase the federal minimum wage, but Congress doesn't seem poised to act anytime soon, so it’s up to private companies to step up and raise pay.
|
It’s in everyone’s best interest to raise wages. When workers have more money to spend on local businesses, those businesses thrive and hire more workers to meet increased demand. By funneling pay that used to go to workers up to the corner office, these CEOs are starving local communities of the middle-out prosperity that built the American middle class in the 20th century. Reversing that flow of cash back to worker paychecks would help American families keep up with inflation driven by corporate price-gouging, as well as inject millions in consumer spending into our economy – a true win-win.
|
Interested in learning more? Take our quiz now to find out more about the minimum wage, pay inequity, and how to build a stronger, more inclusive economy.
|
|
Question 1: At S&P 500 companies, how much higher is the average CEO’s salary compared to their median worker’s?
|
|
Lock in your response to begin our quiz now >>>
|
|
Thanks for reading,
Paul
|